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3 Years Golden Variable Interest Saving Certificate

Certificate of Deposit (CD) rate is variable based on the Central Bank of Egypt (CBE) bid corridor rate.
3 Years Variable Interest Pricing: (19.25 % Monthly, 19.75 % Quarterly, 20.75 % Annually)
Currency: EGP
Monthly Maintenance Fee: N/A
Balance Drop Penalty Fee: N/A
CD for individuals
CD cannot be broken before 6 months (holding period)
Secured Variable Loan eligibility up to 95%

Penalty fees are shown in the table below to be deducted from the collected interests:

Breakage Penalty (after six months)

Certificate Type

1st Year

(after six months)

During the

2nd Year

During the

3rd Year

3 Years Golden Variable Interest

Saving Certificate

10%

Type

Tenor

Customer rate

Rate calculation

3 Years Golden Variable

Interest Saving Certificate

Monthly

0.75% less than CBE bid
corridor rate = 19.25%

Interest is accrued daily and paid at the end of
the tenor and the principal is paid on maturity date

3 Years Golden Variable

Interest Saving Certificate

Quarterly

0.25% less than CBE bid corridor
rate = 19.75%

Interest is accrued daily and paid at the end
of the tenor and the principal is paid on maturity date

3 Years Golden Variable

Interest Saving Certificate

Annually

0.75% above CBE bid corridor
rate = 20.75%

Interest is accrued daily and paid at the end
of the tenor and the principal is paid on maturity date

For Related Variable Secured Loan Application, Terms & Conditions click here