Fixed Deposits in Egyptian Pounds — SUEZ CANAL BANK | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Fixed Deposits in Egyptian Pounds

SUEZ CANAL BANK · Deposits · Egyptian Pound · 4.0 · Saturday 10 October 2026 - 04:14 AM

A one-year SCB fixed-term deposit offering returns of up to 17%, paid monthly, with a minimum deposit of EGP 5 million.

Annual yield
17%
Term
1 yr
Min. deposit
EGP 5M
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

Not for you if

  • Keep my money reachable
    • Pays out more frequently
  • I may need to break early

All of this is measured against products of up to 12 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
Recurring
Term
1 yr
Min deposit
EGP 5,000,000
Negotiable
No

Withdrawal & renewal

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

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Fixed Deposits in Egyptian Pounds

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Our take 4.0

4.0 Banky rating

Pros

  • Monthly return payments, with the flexibility to transfer the proceeds to a current or savings account or add them to the deposit upon request.
  • Competitive rates of return.

Cons

  • The high minimum deposit of EGP 5 million

Our take

SCB’s EGP fixed-term deposits offer returns of up to 17% annually, with monthly payouts over a one-year term, making them an option for customers seeking regular income from their savings. Customers can choose to transfer the monthly return to a current or savings account or add it to the deposit upon request. However, the high minimum deposit of EGP 5 million limits accessibility to customers with substantial savings.

A one-year SCB fixed-term deposit offering returns of up to 17%, paid monthly, with a minimum deposit of EGP 5 million.

Compare

Alternatives at a glance
Fixed Deposits in Egyptian Pounds SUEZ CANAL BANK This one Smart Deposit 3 Months Alex Bank The Escalator deposit Al Ahli Bank of Kuwait – Egypt
Annual yield
17% 10.5% 10%
Term
1 yr 3 mo 1 yr
Min. deposit
EGP 5M EGP 1,000 EGP 5,000
Payout
Monthly Monthly Quarterly
Compare with 2 similar deposits

Added Wednesday 20 May 2026 - 11:44 AM Updated Tuesday 20 October 2026 - 10:30 AM