With Al Baraka Elite certificate of deposit, enjoy competitive monthly profit rate on your savings
Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved
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Features
- CD Duration: 3 years
- Currency: EGP
- Available for individuals only
- Profit rate & frequency: Annual profit rate 22% credited monthly
- Minimum purchase amount: EGP 1000 & its multiples
- Islamic Sharia’a Compliant
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Benefits
- You can apply for secured finance & credit card against your certificate.
- Full or partial redemption is available after 6 months from the certificate purchase date according to redemption schedule.
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When’s the interest profits deposited in the account balance and on which day of the month?
The interest is added to the last day of the month and is calculated on the elapsed days from the date of purchase
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What are the attributes of the certificate of deposit?
A certificate in Egyptian pounds for a period of three years with a return of 22%, a variable interest is paid monthly to be disbursed under the account until the final settlement is made according to the actual results of the bank's activity during the life period of the certificate. Purchase is available through our branches or online banking
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What is the minimum required for the certificate and the available categories?
Al Baraka Elite certificate starts from 1000 EGP.