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Retail Banking Deposits
Get the interest of your deposit in advance instead of waiting till the maturity date of the deposit and without present value calculation….
Benefits:
- You may reinvest the interest paid in advance in other liability products to maximize the gained interest.
- Getting a loan or Credit card against the term deposit value.
Terms:
- The minimum amount of booking a term deposit with interest paid in advance is EGP 100,000
- Available for individuals only
- In Egyptian Pounds only
- The available tenors for TDs with interest paid in advance are: 3 months and above.