Nasser Bank Savings for Seniors
The Social/Nasser Bank has launched new savings certificates called "Reed El-Gamil" (Repaying Kindness) for senior citizens, offering returns of up to 18.25%. There is a complete exemption from account opening fees during October, aimed at easing banking burdens for them. The certificate term ranges from one to three years, with options for monthly or annual payouts. The minimum investment is 1,000 Egyptian pounds, and the maximum is two million pounds. The returns on these certificates are 16.50% for one year with monthly payouts, 17.50% annually, and 18.25% over three years with annual payouts, providing attractive savings options for senior citizens.
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