7 certificates with highest interest rates in Banque Misr

Which certificates of deposit have the highest rates of return in Banque Misr? Our team is here to tell you about the best 7 certificate with highest returns and will also include the minimum purchasing amount, how the certificates are issued, duration and everything else you may need to know.

 Compare and find the best certificates of deposit for you right now!

 Banque Misr’s top 7 certificates

1- El Tholatheya certificate with variable monthly interest

• Only for individuals
• Interest rates: variable daily
• Duration: three years
• Minimum purchasing amount: 500 Egyptian pounds and its multiples
• The variable interest rate is paid monthly
• The certificate can be fully or partially redeemed after six months of being issued
• The certificate can be used as collateral for a loan

2- El Tholatheya certificate with variable quarterly interest

• Only for individuals
• Rate of return: 11.5%
• Duration: three years
• Minimum purchasing amount: 1000 Egyptian pounds and it’s multiples
• Variable rate of return, paid every three months
• The certificate can be fully or partially redeemed after six months of being issued
• The certificate can be used as collateral for a loan

Also read: The new Ahl Masr USD certificate by NBE

3- El Ekhtiar Certificate of deposit with cumulative interest rates

• Issued for individuals only
• Duration: 5 or 10 years
• Minimum purchasing amount: 1000 Egyptian pounds and it’s multiples. The certificate is issued with a discounted value according to its duration
• Rate of return is cumulative and paid at the certificate’s maturity in addition to the purchase value so the client gets the nominal value at maturity
• Certificate can be redeemed after 12 months
• Certificate can be used as collateral for a loan

4- Aman el Mareyeen Certificate of deposit

• Duration: three years
• Can be renewed automatically twice only
• Issued by the bank in support of the Central Bank of Egypt’s financial inclusion initiative
• Includes life insurance
• Possibility to win valuable prizes
• Issued to individuals between 18 and 59 years of age
• Minimum purchasing amount: 500 Egyptian pounds and it’s multiples with a minimum of 2500 Egyptian pounds in all participating banks
• Interest is deposited in the client’s account
• All administrative fees are exempted at purchase
• The certificate cannot be used as collateral for a loan

 Also read: National Bank of Egypt’s 200,000 Egyptian pound loan

Additional features of the certificate

• Can win prizes up to 10,000 Egyptian pounds (tax free)
• Each 500 Egyptian pounds is an opportunity to win
• The draw is every three months
• Each client is only eligible to win once
• Can be redeemed at anytime

5- Al Qimma Certificate

• issued for individuals only
• rate of return is 14%
• duration: three years
• minimum purchasing amount: 1000 Egyptian pounds and its multiples
• can be redeemed after six months
• the certificate can be used as a collateral for a loan

6- The 5 years certificate of deposit with fixed interest rates

• issued for individuals only
• duration is five years
• return rate is 10.5%
• minimum purchasing amount: 1200 Egyptian pounds and its multiples (paid monthly) and 1000 Egyptian pounds and its multiples (paid annually)
• fixed rate of return paid monthly or annually
• certificate can be redeemed after six months

 7- The 7 years certificate of deposit with fixed interest rates

• issued for individuals only
• rate of return: 10.5%
• duration: seven years
• minimum purchasing amount: 750 Egyptian pounds and its multiples
• fixed rate of return paid monthly
• the certificate can be redeemed after six months

Also read: Best certificates after the 18% certificate was discontinued