Editor-in-Chief Mohamed Salah
BANKY NOW 3 Nov 2026
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Deposits
Browse all Deposits
Compare Deposits
3 products side by side
- Remove
Elegance deposits The Industrial Development Bank - Remove
Traditional weekly deposit for individuals the united bank - Remove
Digital Annual Deposit QNB EGYPT
No product wins everything — the right one depends on your need.
Best for…
- Highest yield Traditional weekly deposit for individuals 11.5% vs 17.25% total · avg. 11.49% a year at Elegance deposits
- Starting small Digital Annual Deposit EGP 5,000 vs EGP 100,000 at Elegance deposits & Traditional weekly deposit for individuals
Biggest differences
- Min deposit ×20
All specifications
| Specs | Elegance deposits The Industrial Development Bank | Traditional weekly deposit for individuals the united bank | Digital Annual Deposit QNB EGYPT |
|---|---|---|---|
| Rate type | Fixed | Fixed | Fixed |
| Payout | Multiple | Upfront | At Maturity |
| Yield at the chosen payout | 17.25% total · avg. 11.49% a year | 11.5% | No upfront payout |
| Yield by payout | At maturity 22.5% total · Upfront 17.25% total | Upfront | At maturity |
| Deposit type | Time Deposit | Time Deposit | Time Deposit |
| Term | 18 mo | 1 mo | 1 yr |
| Min deposit | EGP 100,000 | EGP 100,000 | EGP 5,000 Best |
| Negotiable | No | No | No |
| Early withdrawal | No | No | No |
| Auto-renew | Yes | Yes | Yes |
| Renewal rate type | Prevailing | Prevailing | Prevailing |
| Usable as collateral | Yes | Yes | Yes |
| Available online | Yes | Yes | Yes |
| Branch visit required | Yes | Yes | No |