Digital monthly deposit
A flexible monthly investment offering a solid 10% rate with digital redemption options.
- Annual yield
- 10%
- Term
- 1 mo
- Min. deposit
- EGP 5,000
- Payout
- At maturity
Banky Analysis
3.7/5
Suits you if
- Grow my savings the most
- Yield higher than average for this term
- I want a predictable return
- Fixed, unchanging return
Not for you if
- I need monthly income
- Pays out less frequently
- Keep my money reachable
- Shorter lock-in
- I may need to break early
What's good
- Shorter lock-in
All of this is measured against products of up to 1 month in EGP only
Last checked Monday 02 November 2026 - 04:01 PM
Returns
- Rate type
- Fixed
- Payout
- At Maturity
- Yield by payout
- At maturity
Amount & term
- Deposit type
- Time Deposit
- Term
- 1 mo
- Min deposit
- EGP 5,000
- Negotiable
- No
Withdrawal & renewal
- Early withdrawal
- No
- Auto-renew
- Yes
- Renewal rate type
- Prevailing
- Usable as collateral
- Yes
- Available online
- Yes
- Branch visit required
- No
Do the maths
Our take
Pros
- Higher yield of 10% while keeping a relatively short lock-in period.
- Option for automatic renewal with or without the interest earned.
Cons
- Requires an active EGP account with the bank and a minimum age of 21.
Our take
A 1-month digital savings deposit issued via online/mobile banking, offering a fixed annual rate of 10% credited at maturity.
A flexible monthly investment offering a solid 10% rate with digital redemption options.
Compare
| Digital monthly deposit QNB EGYPT This one | الوديعة سنتين CIB Egypt | Digital weekly deposit QNB EGYPT | Traditional weekly deposit for individuals the united bank |
|---|---|---|---|
| Annual yield | |||
| 10% | 10% – 12% | 9.5% | 11.5% |
| Term | |||
| 1 mo | 2 yrs | 7 days | 1 mo |
| Min. deposit | |||
| EGP 5,000 | EGP 5,000 | EGP 100K | EGP 100K |
| Payout | |||
| At maturity | Monthly | At maturity | Upfront |
Added Monday 29 June 2026 - 05:27 PM Updated Monday 27 July 2026 - 06:09 PM