With 22% Return ..Details of the highest savings certificate in the “National Bank of Egypt”

The National Bank of Egypt provides various types of savings certificates, including the Platinum Savings Certificate with a graduated return for a period of 3 years.

According to the return rates table for the month of July 2023, from the National Bank of Egypt, the platinum certificate with a graduated return is considered the highest return in the bank for savings certificates, as the minimum purchase is 1000 pounds and its multiples.

The highest savings certificate in the National Bank

1- The platinum certificates 

the return rate for the first year is 22%, the second year is 18%, and the third year is 16%. The return is paid monthly throughout the duration of the certificate.

The return starts from the working day following the day of purchase, and the National Bank of Egypt allows borrowing with the guarantee of this certificate, and credit cards of all kinds can be issued with the guarantee of certificates.

Details of certificate redemption from Al Ahli Bank

The certificate cannot be retrieved before the lapse of 6 months starting from the working day following the day of purchase, while it can be recovered before the end of the period according to the declared rules and conditions.

While the certificate will be recovered at the end of the period at its full nominal value, according to the National Bank of Egypt.

2- Third: The platinum certificate with a variable return

- The minimum purchase value is 1000 pounds 

- Duration up to 3 years. 

- The return rate is 18.5% quarterly.

3- Fourth: the five-year certificate with a monthly return

- The minimum purchase value is 1000 pounds. 

- Duration up to 5 years. 

- The return rate is 12.25% per month.

4- Certificate of safety for the Egyptians

- The minimum purchase value is 500 pounds

- the maximum is 2500 pounds. 

- Duration up to 3 years. 

- The return rate is 13% per month.

Other features of the Egyptian Aman Certificate:

- A life insurance policy is provided to the customer from the age of 18 to 59 years, without a medical examination. 

- The monthly insurance premium is paid from the return of the certificate.

- Compensations will be due in the event of the death of the insured, with a maximum limit of 50,000 pounds for natural death and 250,000 pounds for accidental death. 

- The insurance amount (compensation) can be paid in the event of death on a guaranteed pension for a specified period.

- The insurance policy is forfeited if the customer retrieves the certificate, or the customer reaches the age of 60. 

- Entities can purchase the certificate for the benefit of the individuals working for it, provided that it cannot be redeemed within a period of 6 years from the date of purchase.