Time Deposits

We encourage our customers to select from a variety of tenors in both local or foreign currency.

Benefits

  • Fixed Deposit offering with competitive interest rates
  • Variety of tenors: Weekly, Bi-Weeks, Monthly, Quarterly, Semi-Annually or Annually
  • Offered to both individuals and companies
  • Available in local and main foreign currencies
  • Automatic renewal at maturity date.
  • Can be used as collateral for a loan, overdraft or credit card
  • Availability to decrease the Time deposit without breaking
  • Minimum balance for set-up:
    LE100,000 or equivalent in foreigncurrencies from one week to two weeks
    LE 5,000 or equivalent in foreign currencies from one month to one year.

Required Documents

New to bank customer

Employed Customer

Valid National ID

Recent Utility Bill (maximum three months)

Proof of Employment/ 3 months’ bank statement

Self-employed

Valid National ID

Recent Utility Bill (maximum three months)

Recent copy of commercial register and tax card

Pensioners

Valid National ID

Recent Utility Bill (maximum three months)

Proof of pension

Foreigners

Valid Passport with country entry visa

Recent Utility Bill (maximum three months)

Valid Residency / Work permit

Existing EBank customer

Signed account application

Certificate of Deposits

We offer the most competitive interest rates in both local and foreign currency

Benefits

  • Variety of CD types and tenors in EGP and foreign currencies
  • Attractive returns and variety of interest payment frequencies (Monthly-Quarterly-Semiannual-Annual)
  • Variety of CD Types (Fixed-Variable-Accumulative)
  • Borrowing against the deposit up to 90% of deposit value
  • Minimum Age: Age 21 and above however, minors can hold CDs in their names
  • Redemption rules after 6 months from the issuance date, through any of our branches depending on each CD redemption terms and conditions

Required Documents

New bank customer

Employed Customer

Valid National ID

Recent Utility Bill (maximum three months)

Proof of Employment/ 3 months’ bank statement

Self-employed

Valid National ID

Recent Utility Bill (maximum three months)

Recent copy of commercial register and tax card

Pensioners

Valid National ID

Recent Utility Bill (maximum three months)

Proof of pension

Foreigners

Valid Passport with country entry visa

Recent Utility Bill (maximum three months)

Valid Residency / Work permit

Current EBank customer

Sign account application

Types of CDs

Egyptian Pounds

Tenors
Types of Interest Rates
1
1

Fixed
Variable
Accumulative
Three Years
1-Interest is paid according to preference
2-Available to individuals and corporations
1-Interest rate subject to CBE Corridor
2-For individuals only
---
Five Years
Interest is paid according to preference
---
Interest payment sonly at maturity
Seven Years ---
---
Interest payment sonly at maturity
Ten Years
1-Interest is paid according to preference
2-For individuals only
---
---


US Dollars

Tenors
Types of Interest Rates
1
1

Fixed
Variable
Accumulative
Three Years
-Interest is paid according to preference
-Available to individuals and corporations
1-Interest rate subject to CBE Corridor
2-For individuals only
---
Five Years
-Interest is paid according to preference
-Available to individuals and corporations
---
---