NBAD’s Time Deposit offers competitive interest rates as well as the flexibility to choose a maturity date that best suits your needs.
- Time Deposit offers you a flexible and convenient way to manage and make your savings work harder
- Payments can be credited directly to your NBAD Current or Savings Account
|Affordable||Minimum amount is EGP 10000|
|Flexibility and Convenience||Flexibility to make partial withdrawals at any time|
|Payment Method||NBAD Bank account, current or saving account|
|Account charges||Exemption from minimum balance charges|
Time Deposit Charges
|Breaking Before Maturity||For Deposits Broken on/after One month from Booking Date2% Penalty subtracted from deposit applied rate
If the applied rate is less than 2%, the penalty interest rate to be equal the deposit applied rate
For Deposits Broken Before One Month From Booking DateNo interest amounts will be paid to customers
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