Certificates of Deposit in Egyptian pounds from BLOM Bank Egypt provide a selection of saving and investment options at remarkably competitive interest rates to satisfy the varying personal needs.
Advantages
- Certificates are issued in denominations of EGP 500 and its multiples with no maximum limit,
- Highly competitive interest rates .
- Flexibility to select from amongst matrix of certificates of 3,5,7,10 years duration, and different interest rates that can be fixed, floating, or cumulative.
- Flexibility to purchase for minors, with no maximum limit.( According to BLOM Bank Egypt Regulations)
- Interest can be credited to your current or Savings Account, and can be withdrawn using your BLOM debit card.
- Possibility to obtain loan against your certificates.
- Possibility to keep the certificate in the bank’s custody.
- Certificates can be redeemed at any time after the first 6 months from the date of purchase according to the redemption table.