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FAB Certificates of Deposit

Certificates of deposit

Place your funds in longer-term deposit solutions with flexible interest payout options to suit your needs.

 

Features

  • Available in 3-year tenor
  • Available in local currency
  • Both fixed and floating interest rate deposits are available with floating interest rate being linked to Central Bank of Egypt’s Discount rate
  • Multiple interest payout options ( monthly, quarterly, annual and at maturity), to suit your unique needs
  • Redemption is not allowed before six months from date of booking
  • Access your funds with a loan against your Certificate of Deposit, up to 95% of your deposit amount

 

Eligibility

  • 21 years of age
  • Egyptian nationals and expatriates

 

Required Documents

  • Valid National ID for Egyptians or passport for foreigners
  • Proof of address
  • Letter of employment for salaried individuals
  • Commercial register for self-employed individuals

 

Terms and Conditions apply

 

Schedule of Charges

Account Terms and conditions


Customer Service

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