Certificates of Deposit

El Maan Certificate:

  • 3 years certificate with periodic variable rate
  • Minimum purchase amount EGP5000 and its multiples
  • Redemption possibility: allowed after six months of Certificate issuance date according to the schedule of recovery.
Certificate DurationInterest payment FrequencyInterest Rate (P.A.)
3 yearsMonthly12.50%
3 yearsQuarterly13%
3 yearsSemi-Annually13.25%
3 yearsYearly13.50%

El Maan USD Certificate :

  • Minimum purchase amount USD 500 and its multiples
  • Redemption possibility: allowed after six months of Certificate issuance date
  • 3 years certificate with periodic variable rate
Certificate DurationPaying FrequencyInterest Rate (P.A.)
3 yearsSemi-Annually2.5%

El Salwa Certificate :

  • Minimum purchase amount EGP1000 and its multiples
  • Redemption possibility: allowed after six months of Certificate issuance date according to the redemption table.
  • 3 years certificate with periodic changeable rate
  • The return will be paid in advance through conclusion of certificate of 1000 EGP, only 711 EGP will be paid, and in end of the period 1000 EGP will be returned to the client.
Certificate DurationPaying FrequencyInterest Rate (P.A.)
3 yearsPaid in Advance up to 13.50%

El Salwa cumulative Certificate:

  • Minimum purchase amount EGP 5000 and its multiples
  • 3 years certificate with periodic changeable rate
  • Cumulative rate that is increasing yearly and earned at maturity.
  • Redemption possibility: allowed after six months of Certificate issuance date according to the schedule of Recovery
Certificate DurationPaying FrequencyInterest Rate (P.A.)
3 yearsPaid at Maturity11.50%
(10.38433055% effective rate )

Disclaimer: kindly note that all rates are based on average historical records and it will be settled according to the contract of legitimate speculation.

 

All terms & conditions shall apply.