Floating Rate Time Deposits


More benefits with secured borrowing options

Save in Egyptian pound only

Minimum deposit EGP 1,000 and its multiples

Terms from one week to 12 months

Interest is paid at maturity date. (Upon your request, interest can be credited to your savings/current account or topped up to your deposit)

Interest is floating as per Central Bank of Egypt's Deposit Rate after reserves

Eligible to get secured loans, overdrafts, or credit cards up to 90% of the TD value with a minimum margin of 2% above the declared rates

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 conditions may apply.