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| Definition: |
The NBAD's 5 Years Certificate of deposits is a medium term saving plan in Egyptian Pound with an attractive FIXED interest rate enclosed
with a monthly interest payment to match with financial needs of the certificate holder. The certificate is available for Egyptians and
Expatriates individuals
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| Features: |
- The certificate is issued in Egyptian Pounds.
- Tenor of certificate is 5 years.
- Minimum available amount is EGP 5,000.
- Denominations are EGP 5,000, EGP 10,000, EGP 25,000, EGP 50,000, EGP 100,000 and EGP 500,000.
- The applicant is eligible to the following benefit:
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Frequency of interest payment
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**Current Applicable interest rate
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| Monthly Payment |
8% per annum |
** Applicable interest rate is subject to changes based on bank's decision.
- Redemption is allowed after 6 months of the purchase date and according to the redemption schedule.
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| Benefits: |
- Free credit cards.
- Free current account.
- Free check book.
- Visa Electron debit card is available to be used 24/7 on NBAD's ATMs network across all Egypt as well as ATMs connected through 123 network. The card can be easily accessed in executing cash withdrawals, cash deposits, balance inquiry and foreign exchange. In addition to execute purchases locally and overseas.
- The customer is eligible for secured NBAD's credit card against the certificate.
- The customer is eligible for an overdraft facility against the certificate.
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| Required Documents: |
- Copy of valid Identification Card or resident's passport.
- Applicant's request.
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