The Ultimate Medium-Term Savings Solution
Grow Your Savings at Higher Interest Rates without Locking Your Money for Long Periods!
Start saving to secure your future with CIB's new 2-Year Time Deposit starting at EGP 5,000!
You can earn from 8% to 8.5% interest in the following monthly, quarterly, and yearly payment frequencies:
| Monthly | Quarterly | Annually |
| 8.00% | 8.25% | 8.50% |
Features
- Interest is calculated on any amount starting at EGP 5,000
- Secured facility of up to 95% from the Time Deposit booked amount
- Automatic renewal upon request
- Offered to individuals and companies
- Choose the interest payment frequency that suits your needs
Benefits
- Protected interest and safe cash investment (fixed rate for a fixed period)
- Maximize growth of your money
- Save up to meet your needs
- A strategy to meet future goals
- Locking cash away so it makes for a great out of sight, out of mind saving plan
- A convenient tool to save the extra cash
How to apply?
- Existing customers
Sign a time deposit booking form at your nearest branch.
- New-to-bank customers
To book a time deposit, customers should open an account, submit the required account opening documents (detailed below) and sign a booking time deposit form at their nearest branch.
Account opening required documents
- Valid national ID or valid passport for foreigners
- Recent original utility bill (electricity or gas)
- Proof of income
- Proof of permanent residence for foreigners
Click to view the Time Deposits announced interest rates.
For more information, call 19666 or visit the nearest CIB branch.
Terms and conditions apply.
