How do I calculate the total return on the certificate?

To calculate the total return on a certificate of deposit, you need four pieces of information: the certificate's value, the interest rate, the certificate's term, and the frequency and method of calculating the return.

Steps

1. A simple example for a fixed-rate, non-compound certificate is: certificate value × annual interest rate × number of years, taking into account the bank's method and payment frequency.

2. If the product is tiered, variable, or compound, you must calculate each period according to its specific conditions; do not multiply a single rate by the number of years and consider the result final.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

• Central Bank of Egypt — Know Your Rights

• Banque Misr — EGP Certificates of Deposit

• Banque Misr — Fees and Commissions Tariff