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Albaraka 6 months & 1-year variable time deposits with monthly profit offer a competitive variable profit rate up to 17.75%

Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved

    • TD currency: EGP
    • Eligible customers: Individuals & Corporates
    • TD Duration: 6 months & 1 year
    • TD minimum purchase amount: EGP 250,000
    • Profit disbursement frequency: Monthly
    • Automatic renewal: Not available
    • Profit Rate & Type:

    Variable profit rate considering deposit corridor rate & the investment actual results

    TD Tenor Tier Variable annual profit %
    6 Months Starting 250K to 5Mn 15.75%
    Above 5Mn to 10Mn 16.25%
    Above 10Mn 16.75%

     

    TD Tenor Tier Variable annual profit %
    1 Year Staring 250K to 5Mn 16.75%
    Above 5Mn to 10Mn 17.25%
    Above 10Mn 17.75%

    • You can apply for the TD through any of our branch’s network or through Mobile application for existing customers.
    • You can issue Al Baraka credit cards.
    • TD Full redemption is available at any time subject to apply the redemption announced rates.
    Redemption rates:
    • Redemption within one month from booking date: 100% deduction from TD profit.
    • Redemption after one month of booking date: 90% deduction from TD profit.