Save over the medium and long term with Crédit Agricole Egypt. Certificates of Deposit. (Certificates of Deposit are in Egyptian Pounds only).
Certificates of Deposit
-
Customer deposits a lump sum and gets paid the interest on regular basis
TERM |
MIN AMOUNT |
INTEREST PAYMENT FREQUENCY |
INTEREST RATE |
| 3 Years |
3.000 |
Monthly |
7.75% |
| Semi Annualy |
8.00% |
| 5 Years |
5.000 |
Monthly |
8.25% |
| Semi Annualy |
8.50% |
| 7 Years |
10.000 |
Monthly |
8.75% |
Certificates can be used as collateral for a loan or credit card at preferential rates
Accumulative Certificates of Deposit
- Customer deposits a sum amount at a discounted value for 3 or 5 years
- At maturity, customer receives face value - principle amount in addition to the interest payments that have been accumulated throughout the lifetime of the Certificate of Deposit
TERM |
PRINCIPLE AMOUNT |
INTEREST |
AMOUNT @ MTURITY |
| 3 Years |
7.874.02 |
9% |
10.000 |
| 5 Years |
6.779.67 |
9.5% |
10.000 |
Certificates can be used as collateral for a loan or credit card at preferential rates
Required Documents
- Photocopy of identification card
- Recent original gas or electricity bill with current address
How to Apply
Fill out
an application at any of Crédit Agricole Egypt's branches located throughout Egypt.
For more information
Disclaimers
Crédit Agricole Egypt reserves the right to change any information or
requirements mentioned above without prior notice.
|
