2023-10-21 13:42:14
Benefits of Banque Misr Banque Misr offers various investment certificates with high returns, which vary according to the return on these certificates. There are certificates for which the return is paid on a monthly or annual basis or other certificates. Therefore, Banque Misr attracts customers through these certificates that are offered with high returns. Among them is the triple variable certificate that many people resort to to invest their capital in, so we provide you with all the information regarding this certificate.
Triple variable certificate from Banque Misr 2023
Banque Misr offers the triple variable certificate to its customers. It is a three-year certificate, and the minimum for this certificate starts from 1000 Egyptian pounds. The interest rate for it is 19% annually, and the return value is disbursed quarterly. The return is variable but linked to the deposit rate of the Central Bank of Egypt. This is distinguished by The certificate is issued to natural persons only. As for its return rate, it is variable. The customer can recover the value of his certificate or recover part of it following 6 months have passed from the date of issuance of the certificate, and the customer can borrow a sum of money from the bank guaranteeing this certificate.
Interest rate for savings accounts at the Bank of Egypt
Banque Misr provides savings accounts with various interest rates depending on the value of the amount with which an account is opened as a savings account. Therefore, the interest on the amount is determined as follows:
For the tranche whose value starts from 3,000 pounds up to 5,000 pounds, the return for this account is 6.25%, which is paid quarterly at a rate of 6.5%. As for the tranche whose return is paid every six months, the rate is 6.625%, and the return for which is paid annually is calculated at a rate of 6.75. As for the second tranche, it begins Its value ranges from 5,000 pounds up to 50 thousand pounds, the return is disbursed every month at a rate of 6.50, it is disbursed with a quarterly return at a rate of 6.75%, and it is disbursed with a return every six months at a rate of 6.875%, while with an annual return the rate is 7%. As for the third tranche, which starts from 50 thousand pounds up to 250 One thousand pounds, the return is calculated for this account. If the return is disbursed every month, the return is calculated at 7%, while the return on a quarterly basis is 7.25%, and the return semi-annually is 7.375%.
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