5 investment certificates from the National Bank of Egypt| Details

5 investment certificates from the National Bank of Egypt| Details
National Bank of Egypt

The National Bank of Egypt offers 5 investment certificates in groups (A-B-C) with returns that vary between monthly, quarterly and cumulative upon maturity.

5 investment certificates from the National Bank of Egypt, as follows:

Investment certificate a

1. Duration of the investment certificate of the National Bank of Egypt: 10 years

2. Buying an investment certificate “A” in the National Bank of Egypt: The purchase of the certificate starts from 500 pounds and its multiples in the event of an increase in the purchase.

3. Interest rate on the investment certificate: The return on the certificate is disbursed at a rate of 10% with the cumulative (accumulated) interest system at the end of the certificate term.

4. The certificate can be retrieved at the end of its term for its full due value, and the bank provides for breaking it after the lapse of six months from the working day following the day of purchase.

National Bank investment certificate for one year

1. Certificate Duration: One year.

2. Buying the certificate: The purchase of the certificate starts from 500 pounds, with the possibility of doubling.

3. The rate of interest on the certificate: The rate of fixed return on the certificate is 11.5%, paid monthly.

Investment certificate of the National Bank of the same two years

1. Certificate Duration: Two years.

2. Buying a National Bank investment certificate: The purchase of the certificate starts from 500 pounds and its multiples.

3. Interest rate on the certificate: The return rate on the certificate is 12% annually, paid quarterly.

Investment certificate of the National Bank B of the same 3 years

  1. Certificate duration: 3 years.
  2. Buying the certificate: The purchase of the certificate starts from 500 pounds and its multiples.
  3. The interest rate on the investment certificate of the National Bank of Egypt: The return rate on the certificate is 14.50% annually, paid quarterly.

National Bank investment certificate c

  1. Certificate duration: 20 years.
  2. Buying the certificate: The purchase of the certificate starts from 500 pounds and its multiples.
  3. The certificate is distinguished by having the right to enter the prize draw (periodic draw six times per month), (distinguished draw every two months 6 times per year), the draws of March 15th and September 15th of each year.

Winning results: get

1. First prize 30 thousand pounds.

2. A second prize is 15,000 pounds.

3. A third prize of EGP 10,000, for six draws per month.

4. First prize 40 thousand pounds.

5. A second prize is 15,000 pounds, to be drawn every two months.

6. First prize of 100 thousand pounds.

7. A second prize of EGP 50,000, to be drawn twice annually.

Advantages of National Bank investment certificates

1. Certificates are issued to natural persons, Egyptians and foreigners, adults and minors

2. All certificates are nominal and may not be traded, endorsed, transferred, deducted, mortgaged or mortgaged to anyone other than the bank, or disposed of in any way that transfers ownership.

3. National Bank investment certificates allow borrowing against their guarantee and the issuance of credit cards of all kinds in accordance with the instructions in force and the rates of returns on the date of borrowing.

4. Certificates can be issued as a gift or donation according to conditions to be signed in this regard.

5. In the event that any information is made or added to the certificate by the customer, the bank has the right to take all legal measures against him.

6. Certificates and their returns are exempt from all taxes and stamp duties

7. As soon as the bank learns of the death of the holder of the certificates and they were renewed after the date of death, they will be recovered immediately without the need for the heirs’ approval of the recovery.