Egypt – عربي

Certificates of Deposit

Certificates of Deposit

Enjoy increasing your savings with NBAD Egypt Certificates of Deposit

Highlights

  • Certificates of Deposit duration is 3 or 5 years
  • Certificates of Deposit available in EGP and with a fixed interest rate
  • Multiple frequencies of interest payments (monthly, quarterly, yearly and at maturity)

Product Features

Affordable Minimum purchase amount is EGP 5000 first time
Minimum EGP 1000 and multiplier in second time
Flexibility and Convenience Flexible to choose the interest frequency (Monthly, Quarterly, Yearly and At Maturity)
Payment Method NBAD Bank account, current or saving account
Start Date for interest calculation Next working day to the CD purchase date
Redemption Not allowed before six months from date of purchase and to be according to Central Bank of Egypt approved redemption rules

Eligibility and Documents

  • For individuals only
  • Egyptian National or resident expat
  • CD application
  • Account opening documents according to NBAD account opening policies and procedures

Fees and Charges

3 Years CDs - Fixed Annual Fees Penalty Rate
During the 1st Year 3%
During the 2nd Year 2%
During the 3rd Year 1%
5 Years CDs - Fixed Redemption Period Penalty Rate
During the 1st Year 3%
During the 2nd & 3rd Years 2%
During the 4th & 5th Years 1%

Redemption Not allowed Before Six Months From date of Purchase

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Contact Us

Phone Us
Customer Enquiries

Egypt Helpline

19977

International Helplines

+20 2 19977
+20 2 240 75360

Working Hours

Sunday to Thursday
8:30 am to 3:00 pm

Mall Branches
Saturday to Friday
11:00 am to 8:00 pm

Email Us

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