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The Three Year Fixed-Rate Certificates in EGP

Certificates of Deposit (CDs):

 

A Fixed Regular Certificate – Monthly

With MIDBANK, enjoy unique competitive benefits and fixed regular rates at around 18%, calculated and earned on monthly basis through the Three-Year Fixed-Rate Certificate.

Benefits:
  • A Three-Year Certificate with fixed regular rate of 18% that a prepaid monthly return is calculated in advance
  • This Certificate is issued in a denomination of EGP 1000, and multiples thereof with minimum of EGP 5000
  • The Certificate is issued for individuals and can be bought in the name of minors through guardianship
  • Clients can take a loan up to 95% of the certificate’s value at a competitive interest rate
  • Interest is calculated from the next day of the issuance date
  • It is not allowed to redeem the certificate before 6 months from the next day of issuance date, according to the bank redemption table

 

The Fixed Regular Certificate – Daily

With MIDBANK, enjoy the most competitive benefits and highest returns from the Fixed Regular Certificate – Daily.

Benefits
  • Three-year certificate with a fixed regular rate of 9.00% and the return is calculated and earned on daily basis
  • This Certificate is issued in a denomination of EGP 1000, and multiples thereof
  • The Certificate is issued for individuals and can be bought in the name of minors through guardianship
  • Clients can take a loan up to 95% of the certificate’s value at a competitive interest rate
  • Interest is calculated from the next day of the issuance date
  • It is not allowed to redeem the certificate before 6 months from the next day of issuance date, according to the bank redemption table

 

A Fixed-Rate Certificate – Weekly

MIDBANK offers you multiple types of Certificates of Deposit (CDs), with competitive benefits and distinctive interest rates, including the Fixed-Rate Certificate of Deposit – Weekly at 9.50% calculated and earned on weekly basis.

Benefits
  • Three-year certificate with fixed regular rate of 9.50% and the return is calculated and earned on weekly basis
  • This Certificate is issued in a denomination of EGP 1000, and multiples thereof
  • The Certificate is issued for individuals and can be bought in the name of minors through guardianship
  • Clients can take a loan up to 95% of the certificate’s value at a competitive interest rate
  • Interest is calculated from the next day of the issuance date
  • It is not allowed to redeem the certificate before 6 months from the next day of issuance date, according to the bank redemption table

 

Five-Year Fixed-Rate Certificate in EGP

MIDBANK is always keen to offer the most distinguished types of Certificates of Deposit (CDs) to achieve the highest returns which includes the Five-Year Fixed-Rate Certificate in EGP.

Benefits
  • A Five-year certificate with a fixed rate
  • Interest payment frequency:
    • Monthly: (9.50%)
    • Quarterly: (9.65%)
    • Semi-annually: (9.75%)
    • Annually: (10.00%)
  • This Certificate is issued in a denomination of EGP 1000, and multiples thereof
  • The Certificate is issued for individuals and can be bought in the name of minors through guardianship
  • Clients can take a loan up to 90% of the certificate’s value at a competitive interest rate
  • Interest is calculated from the issuance date
  • It is not allowed to redeem the certificate before 6 months from the next day of issuance date, according to the bank redemption table

Terms & Conditions Apply

For more information, contact us by phone at 19189 or visit your nearest branch to speak to us in person.