Plan Egypt BankSix types of savings certificates in the local currency, the Egyptian pound, through the mechanism of ATM machines, and confirmed that the purchase is made through direct debit cards of the bank, and then the customer receives a text message via his mobile phone when he submits the request.
Certifications vary Egypt Bank In terms of duration, while certificates are available for a period ranging from 3 to 10 years, and the periodicity of the return is either fixed or variable related to corridor prices or even cumulative, which we will learn regarding through our report.
Savings certificates available at Banque Misr:
1- The certificate of the summit with:
It is with a fixed annual return of 11% and is paid monthly, for a period of 3 years, automatically renewed, and its value starts from 1000 pounds and its multiples.
2- The triple certificate with a monthly variable return:
With a daily variable return, and it is paid monthly on what is calculated daily. The duration of the certificate is 3 years and is not automatically renewed. The certificate is purchased for the amount of 500 pounds and its multiples.
3- Triple Certificate with Quarterly Variable Return:
With a variable return linked to the prices of the corridor, and it is disbursed at 8.5% every 3 months, and the duration of the certificate is 3 years, and it is automatically renewed, and its value starts at a thousand pounds and its multiples.
4- Triple Certificates:
With an annual return of up to 9.5%, with the possibility of paying it every 3 months, and the period of purchasing the certificate extends to 3 years, while its value starts at 500 pounds.
5- Five-year certificate:
With an annual return of 9.75%, and it is paid periodically on a monthly basis, and the period of purchasing the certificate extends to 5 years, with a value starting from 1000 pounds.
6- Five-year fixed return certificates:
With a fixed annual return, it is paid annually at an interest of 9.5%, and the duration of the certificate is up to 5 years and is automatically renewed, with a value starting from 1000 pounds and its multiples.