The United Bank offers a weekly time deposit with a fixed annual interest rate of 13.25% for a tenor of one week, a minimum deposit starting at EGP 100,000 and interest paid at maturity. The deposit gives customers a chance to invest their savings for a short period, with the option to borrow against it under the bank's terms.

Details of The United Bank weekly time deposit

  • Currency: Egyptian pound (EGP).

  • Tenor: one week ("7 days").

  • Interest rate: 13.25% a year.

  • Interest type: fixed.

  • Payout frequency: at maturity.

  • Minimum deposit: EGP 100,000.

  • Negotiable interest rate: not available.

  • Early withdrawal: not available.

  • Automatic renewal: available.

  • Renewal interest rate: the rate in effect at the time of renewal.

  • Borrowing against the deposit: available under the bank's terms.

  • Online purchase: available.

  • Deposit type: time deposit.

Weekly deposit

united bank 3.5
Annual yield 10%
Term 7 days
Min. deposit EGP 5,000
Payout At maturity
Details
Updated Tuesday 13 October 2026 - 02:23 PM
Banky Analysis
Returns

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Amount & term

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Withdrawal & renewal

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Our take 3.5
3.5 Banky rating

Pros

  • Deploying surplus funds for just a few days without long-term lock-in.

Cons

  • The realized return is quite limited due to the extremely short duration.

Our take

This deposit provides an ultra-short-term investment opportunity for just one week, with yields ranging from 10.00% to 11.00% depending on the amount tier, making it ideal for temporary cash surpluses.

The fastest option for investing cash liquidity for a single week.

User ratings

How to invest EGP 1 million in The United Bank weekly time deposit

Customers can invest EGP 1 million in The United Bank's weekly time deposit. At the annual interest rate of 13.25%, the theoretical annual return comes to EGP 132,500.

The approximate return for one week is calculated as follows:

  • Annual return: EGP 1 million × 13.25% = EGP 132,500.

  • Approximate daily return: 132,500 ÷ 365 = EGP 363.01.

  • Return for 7 days: 363.01 × 7 = approximately EGP 2,541.

A customer investing EGP 1 million for one week therefore earns an approximate return of EGP 2,541, based on a 365-day year and subject to the calculation method the bank uses.

Banky's view for customers

The United Bank's weekly time deposit is an option for customers who want to invest liquidity for a short period, with a fixed annual interest rate of 13.25% and interest paid at maturity. It also allows borrowing against the deposit under the bank's terms, alongside easy online purchase and automatic renewal, giving customers flexibility in managing their savings and financial needs.