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Surrogate income for Owners of savings accounts "Time deposits - saving certificate"

Program specification
  • Granted to customers (Employees – Self-employed – Freelancers) whose certificates/deposits in our bank.
  • Maximum financing amounts up to 4,000,000 EGP
  • Maximum tenor repayment up to 84 months.
  • Competitive rate of return in accordance with the Murabaha contract and Islamic Sharia
  • least administrative fees.
  • Financing 100% of the value of the commodity/service to be financed.
  • The minimum age is 21 years and the maximum is 65 years at the maturity date of the Murabaha
  • Free Takaful insurance policy against the risks of death and total disability throughout the Murabaha period.
  • The possibility of granting supplementary Murabaha according to the customer's DBR
  • Availability of many digital services such as: Online Banking & BM Wallet.
  • Under the supervision of the Sharia Board.

 

Required Documents

  • Copy of a valid national ID.
  • Recent utility bill.
  • Copy of the valid tax card "only for Freelancers ".
  • Copy of recent extract from the commercial registry "only for Self-employed ".

 

*Terms and conditions apply

 

 

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