Banque Misr announced, through its official page on the social networking site Facebook, the advantages and features of Flex deposits for 6 and 9 months, as they provide a return of up to 22% annually.

The bank explained that the return on the 6-month deposit is paid at the end of the deposit period, and the return on the 9-month deposit is paid monthly.

Flex deposit for 6 months

The deposit is issued in Egyptian pounds for individual customers only

Deposit period: 6 months

Fixed return rate throughout the deposit period and is paid at the end of the period

The deposit can be redeemed before the end of its period at any time according to the applicable redemption rules

Possibility of renewing the deposit for other periods automatically

Borrowing can be done with the deposit as a guarantee according to the rules approved by the bank

Deposit category: 1000 pounds and multiples thereof.

Minimum to obtain the return: 50,000 pounds.

Return rate: 22%

9-month Flex Deposit

The deposit is issued in Egyptian pounds for individual customers only

Deposit period: 9 months

Fixed return rate throughout the deposit period and paid monthly

The deposit can be redeemed before the end of its term at any time according to the applicable redemption rules

Possibility of renewing the deposit for other periods automatically

Borrowing can be done against the deposit according to the rules approved by the bank

Deposit category: 1000 pounds and multiples thereof.

Minimum amount to obtain the return: 50,000 pounds.

Return rate: 21%