Smart Deposit 6 Months — Alex Bank | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Smart Deposit 6 Months

Alex Bank · Deposits · Egyptian Pound · 3.5 · Sunday 30 August 2026 - 12:43 AM
Annual yield
17%
Term
6 mo
Min. deposit
EGP 750K
Payout
Monthly

Banky Analysis

Suits you if

  • I need monthly income
    • Pays out more frequently
  • Grow my savings the most
    • Yield higher than average for this term
  • I want a predictable return
    • Fixed, unchanging return
  • Keep my money reachable
  • I may need to break early

What's good

  • Shorter lock-in

Not known yet

1 more detail we don't have yet

All of this is measured against products of up to 6 months in EGP only

Last checked Monday 02 November 2026 - 04:01 PM

Returns

Rate type
Fixed
Payout
Compounded monthly
Yield by payout
Monthly

Amount & term

Deposit type
Time Deposit
Term
6 mo
Min deposit
EGP 750,000
Negotiable
No

Withdrawal & renewal

Early withdrawal
Yes
Auto-renew
Yes
Renewal rate type
Prevailing
Usable as collateral
No
Available online
Yes
Branch visit required
No

Do the maths

Smart Deposit 6 Months

Calculate your deposit's maturity value and net profit after tax.

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Results are estimates for guidance only and may differ from a bank's actual offer.

Our take 3.5

3.5 Banky rating

Pros

  • Disbursement and facilities: It provides a fixed monthly return for the duration of the deposit, with the possibility of getting financing or a facility of up to 90% of its value.

Cons

  • High minimum: Linking the deposit requires a large amount of at least 750,000 Egyptian pounds, making it unavailable for individual investors with medium or small savings.

Our take

"AlexBank's 'Smart Deposit' offers a short-term investment solution with a fixed monthly return of 17% for 6 months, along with the perk of credit facilities. However, since it requires linking the deposit to a high minimum amount, only those with strong financial standing can really benefit from it."

Compare

Alternatives at a glance
Smart Deposit 6 Months Alex Bank This one Annual deposit CIB Egypt Semi-annual deposit banque du caire Ahlan Monthly Deposit saib bank
Annual yield
17% 16% – 17% 15.5% 14.5%
Term
6 mo 1 yr 6 mo 1 mo
Min. deposit
EGP 750K EGP 5,000 EGP 10K EGP 1.5M
Payout
Monthly Monthly Monthly At maturity
Compare with 3 similar deposits

Added Sunday 30 August 2026 - 12:34 AM Updated Wednesday 21 October 2026 - 10:32 AM