Infinity CD

Reach your goals securely. Save for tomorrow in local currency while you enjoy the Suez Canal Bank benefits.

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Benefits

Every detail designed to deliver a smoother, more intelligent banking experience.

  • Interest calculated from the next working day of issuance date
  • No issuance fees
  • Eligible to borrow up to 90% of its value

Required documents

  • Copy of valid National Identification for Egyptians or passport for Foreigners. Original document should presented
  • Copy of birth certificate for minors. Original should be presented
  • Recent utility bill (electricity, telephone bill, ...etc)

Terms & Conditions Applied

Redemption conditions

  • Certificate may be prematurely redeemed after the first 6 months, according to the redemption rules announced at SC Bank
  • During the first year: the discount rate of the annual return rate applied to the certificate is 2%
  • During the second year: the discount rate of the annual return rate applied to the certificate is1.5%
  • During the third year: the discount rate of the annual return rate applied to the certificate is 1%