Saving pools ( Certificates)
BANQUE MISR exclusively offers multi advantages savings pools suitable for all levels and categories in terms of duration and value.
A) Common Advantages of saving pools:
- The saving certificate is nominal and can be bought in others’ names.
- Buying can be made without a maximum limit.
- Buying and cashing the interest can be made from any branch of BANQUE MISR.
- The interest is exempted from taxes.
- Joint saving certificates can be bought in the names of more than one natural person.
- Certificates are automatically renewed on their maturity dates unless otherwise indicated by the client.
- These certificates can be kept at the Bank together with adding their interest credited to the current account or the savings book of the client without any fees thereon.
- Others can be authorized to cash the interest and/or the value of these certificates according to the client’s instructions.
- Borrowing can be made with easy terms using these certificates as collateral.
B) Types of BANQUE MISR savings certificates in the Egyptian Pound.
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