Editor-in-Chief Mohamed Salah
BANKY NOW 3 Nov 2026
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Deposits
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Elegance deposits The Industrial Development Bank - Remove
Traditional weekly deposit for individuals the united bank - Up to 3 products
All specifications
| Specs | Elegance deposits The Industrial Development Bank | Traditional weekly deposit for individuals the united bank |
|---|---|---|
| Rate type | Fixed | Fixed |
| Payout | Multiple | Upfront |
| Yield at the chosen payout | 22.5% total · avg. 14.99% a year | No at maturity payout |
| Yield by payout | At maturity 22.5% total · Upfront 17.25% total | Upfront |
| Deposit type | Time Deposit | Time Deposit |
| Term | 18 mo | 1 mo |
| Min deposit | EGP 100,000 | EGP 100,000 |
| Negotiable | No | No |
| Early withdrawal | No | No |
| Auto-renew | Yes | Yes |
| Renewal rate type | Prevailing | Prevailing |
| Usable as collateral | Yes | Yes |
| Available online | Yes | Yes |
| Branch visit required | Yes | Yes |