Short Term Time Deposit

Short term TDs in EGP and Foreign currency

Do you want to save for a short term and receive your money as a huge lump sum with competitive return? QNB ALAHLI offers you a variety of short term Time Deposits that allow you to receive your money as a huge lump sum with competitive return, at the end of the Time Deposit duration.

Benefits:

  • Fixed competitive return on your savings throughout the TD duration
  • Flexibility in choosing your TD tenor starting from 1 week to 12 months
  • Ability to issue several TDs with different amounts, as there are no restrictions on the maximum number or amount of TDs
  • Interest and TD original amount are paid at maturity
  • Ability to automatically renew the Time Deposit original amount along with the interest received or without the interest, upon your request
  • Ability to break the time deposit at any time after its issuance date according to the announced breaking formula
  • Ability to obtain information on your TD by subscribing to QNB ALAHLI Electronic banking services
  • Possibility of obtaining credit facilities up to 90% of TD original amount in the same currency as issued TD

Features:

  • Available in EGP and major foreign currencies
  • Minimum age is 21 years
  • Client must have a valid current, checking, or savings account in EGP or foreign currency at the bank according to TD currency
  • Minimum TD issuance balance:
 

Minimum TD amount

TD Duration

in EGP

in foreign currency

1 Week

100,000

Equivalent to USD 30,000

1 Month

5,000

Equivalent to USD 5,000

3 Months

5,000

6 Months

5,000

12 Months

5,000

1 year TD with different interest annuities payment

Are you in need of a fixed competitive return on your savings? You just need to issue a 1 year TD with QNB ALAHLI and receive competitive return on regular payment frequencies.

Benefits:

  • Fixed competitive return on your savings throughout the TD duration
  • Ability to issue several TDs with different amounts, as there are no restrictions on the maximum number or amount of TDs
  • Interest is paid monthly, quarterly or semi-annually according to your choice
  • Ability to automatically renew the Time Deposit original amount upon your request for TDs in EGP only
  • Ability to break the time deposit at any time after its issuance date according to the announced breaking formula
  • Ability to obtain information on your TDs by subscribing to QNB ALAHLI Electronic banking services
  • Possibility of obtaining credit facilities against your TDs in EGP

Features:

  • TD duration is 1 year
  • Available in EGP, USD & EUR
  • Minimum age is 21 years
  • Client must have a valid current, checking, or savings account in EGP, USD or EUR at the bank according to TD currency
  • Minimum issuance balance required:
     

Currency

Minimum TD amount

EGP

25,000

USD

5,000

EUR

3,000

 

Terms and conditions apply