3-Year EGP Floating Certificate of Deposit “EL-Hassaad”

Overview

Flexible interest payment options to fulfill your needs

Minimum value EGP 1,000

Term of 3 years

Floating interest rate

Interest payment options:

  • Monthly: Central Bank of Egypt Corridor Deposit Rate minus 0.75%

  • Quarterly: Central Bank of Egypt Corridor Deposit Rate minus 0.5%

  • Semi-annually: Central Bank of Egypt Corridor Deposit Rate minus 0.375%

For CDs rates please enter Certificates Rates.

Benefits

Interest is calculated from issuance date.

No issuance fees.

Eligible to borrow up to 90% of its value.

Eligible to get Suez Canal Bank's credit cards (Free issuance fee for first year).

Required Documents

Copy of valid National Identification for Egyptians or passport for Foreigners. Original document should be presented.

Copy of birth certificate for minors. Original should be presented.

Recent utility bill (electricity, telephone bill, ...etc)

* Other documents may be requested.

* Terms and conditions apply.