Over Draft against Fixed CD/ TD
Whether you have an The bank Time deposit (TD) or a fixed Certificate of Deposit (CD), you can enjoy an overdraft credit facility according to the following conditions:
- An ODA limit up to 90% of the pledged deposit.
- No administration fees.
Loans against Fixed CD
If you are an the bank CD holder, you are entitled to a Cash Loan according to the following conditions:
- A limit up to 90% of the pledged certificate of deposit (CD).
- Duration of the facility matches the pledged CD duration.
Matching/Free Loans against Fixed CD
Enjoy the benefit of receiving the present value of the interest earned on your fixed CD upfront:
- Installment matches monthly Interest for the facility limitation.
- Duration of the facility matches the pledged deposit duration.
These are loans and overdraft facilities granted against the Cumulative CDs with a limit of 90% of the (original amount + current interest cumulative amount). These loans and overdraft facilities could reach up to 150% from the original CD amount, depending on the elapsed time of the CD. Espresso Plus+ offers privilege interest rates of 2% above the CD rate.
Facilities against Themar
Themar provides you with the cash you could need for diversified needs within 30 minutes from visiting your branch.
This facility is available within attractive terms & conditions:
- The minimum loan amount is EGP 8,000 for loans & no minimum for ODA (overdraft against Themar).
- The maximum limit granted is up to 80% of investment certificate purchasing price.
- Flexible repayment periods yearly line to be renewed for ODA and up to 5 years for loans.
- Automatic monthly installment deductions from the current account.