The National Bank’s certificates are characterized by the highest return, as the bank offers three high-interest savings certificates to customers, namely the five-year certificate, the triple certificate, and the Egyptian security certificate.
Features of National Bank Certificates
Five-year certificate
The National Bank offers the five-year certificate with a fixed monthly return of 12.25%, and the minimum purchase price is 1000 pounds.
This certificate is characterized by a fixed return for the duration of the certificate, and the calculation of the return begins from the following month from the purchase of the purchase, and you can borrow once morest the guarantee of these certificates, and it also helps to ensure the issuance of credit cards of all kinds.
Triple Certificate
The National Bank offers it for a period of 3 years, with a fixed return of 14%, to be paid monthly, provided that the minimum certificate is 1,000 pounds and its multiples.
The certificate allows the customer to borrow with its guarantee from any of the bank’s branches in accordance with the instructions in force, and credit cards of all kinds can be issued with the guarantee of these certificates, and the calculation of the return starts from the working day following the day of purchase.
Also, the certificate cannot be redeemed before the lapse of 6 months starting from the working day following the day of purchase, but it can be redeemed before the end of the period according to the rules and conditions announced in the bank, and the certificate can be redeemed at the end of its term in full at its face value.
Egyptian Security Savings Certificate
It is offered by the National Bank with a high return of up to 13%, with a term of 3 years.
The certificate shall be refunded in full at the end of the period (the nominal value + the remaining returns following discounting the value of the installments) and it can be redeemed at any time from the date of purchase according to the customer’s desire for the value for which the certificate was purchased.
Aman certificate is characterized by issuing a life insurance policy to the customer, and it can also be purchased through the Fon Cash wallet, and is issued to individuals from 18 years old to 59 years old.
Entities can purchase the certificate for the benefit of the individuals working for it, provided that it cannot be redeemed within a period of 6 years from the date of purchase.
The certificate presents a life insurance policy to the client without a medical examination, and the value of the monthly insurance premium is paid from the proceeds of the certificate.
Compensations are due in the event of the death of the insured, up to a maximum of 50,000 pounds for natural death and 250,000 pounds for accidental death. 60.
In addition, a quarterly draw of 200 prizes is held, at a net rate of EGP 10,000 for each tax-exempt prize.
