7 Years Certificate of Deposit
Enjoy the various advantages by issuing a seven-year certificate of deposit.
- A certificate of deposit, with a seven-year tenor.
- Minimum Issuance balance: 1000 EGP and incremental of 1000
- Secured facilities up to 90%.
- The redemption is allowed after 6 months.
- A Competitive annually interest rate of 8.75% added monthly to the account.
| Redemption Year | Redemption Rate |
|---|---|
| Year 1 | 6% |
| Year 2 | 5% |
| Year 3 | 4% |
| Year 4 | 3% |
| Year 5 | 2% |
| Year 6 | 1,25% |
| Year 7 | 0,5% |