[ad_1]
The National Bank of Egypt offers an “Egyptian Security” certificate at a return (interest) rate of 16%, with a minimum purchase of 500 pounds and its multiples up to a maximum of 2,500 pounds, and the duration of the certificate is 3 years, valid from the next business day to the day of purchase.
Fixed Yield Savings Certificates in Egyptian banks are well received by a large number of clients for reasons related to the high profitability they offer compared to other savings groups.
Borrowing with the “Egyptian Security” certificate or issuing credit cards of any kind is not allowed.
And those who have the right to buy the Egyptian certificate from natural persons between 18 and 59 years old.
The certificate is recovered in its entirety at the end of the period (face value + the remaining returns after deducting the value of the installments) and can be recovered at any time from the date of purchase according to the customer’s wish with the value in the one who purchased the certificate without committing to a period of 6 months, as long as this value is added to the customer. On a prepaid card, Wallet Mobile wallet or customer account, if you maintain an account at the bank.
The certificate produces a “fixed return over the entire certificate period” and is entitled to be reimbursed at the end of the period less the value of insurance premiums, if any.
The amount is recovered in interest after three years, at an interest of 16% per year, and the profits of the 16% certificate are paid four times a year, once every three months.
The certificate is issued easily, and without asking its holder for health or medical declarations. It is an insurance service that aims to provide coverage without exceptions, and is paid immediately to the applicant, and there is no requirement to postpone obtaining compensation as found in the rest of the documents.
Additional benefits for the National Bank of Egypt Security Certificate for Egyptians
Life insurance policy for the client with the following conditions and benefits:
A life insurance policy is provided to the customer from the age of 18 to 59, without a medical examination.
The monthly insurance premium is paid with the return of the certificate.
– The compensation expires in the event of the death of the insured, with a maximum of 50 thousand natural death and 250 thousand pounds death by accident.
The security deposit (compensation) can be paid in the event of the death of a guaranteed pension by paying a specified period.
The insurance policy will be lost if the client recovers the certificate or if the client turns 60.
– There will be a quarterly drawing with 200 prizes of 10,000 net Egyptian pounds for each “tax free” prize.
It can be purchased with the Fone Cash wallet.
– Entities can acquire the certificate for the benefit of their employees, provided that it is not refundable within 6 years from the date of purchase.
A Safety Certificate for Egyptians is a certificate issued by Misr Life Insurance Company in cooperation with four Egyptian banks and aims to provide insurance coverage for marginalized groups, after President Abdel Fattah El-Sisi demanded the need to provide them with insurance , especially from free workers.
[ad_2]