Savings Certificate Calculator
Preview monthly or annual income from any Egyptian savings certificate. Works for fixed-rate and descending structures (Al Qimma, Ibn Misr) alike.
Estimates only. Does not model taxes (certificate yields are currently tax-exempt in Egypt) or early-break penalties. Actual figures may differ per bank terms.
FAQ
How much will a 500K EGP certificate pay monthly?
Monthly income = amount × annual rate ÷ 12. At the highest fixed monthly-payout rate currently on the certificates page (18.25%): 500,000 × 18.25% ÷ 12 = ~7,604 EGP/month.
Monthly or annual payout?
Monthly suits regular-income needs. Annual payout usually pays slightly more because the bank holds your capital longer between distributions, which suits reinvesting the returns.
What is a descending certificate?
A descending (stepped) certificate pays a higher rate in year 1 that steps down each year. An example currently offered: a certificate from National Bank of Egypt starts at 22% in year 1 and reaches 13% by year 3. It suits front-loaded income needs.
Are certificate yields taxed?
No. Egyptian savings certificate interest is currently tax-exempt by law. The income shown in the calculator is post-tax.
Can I break the certificate early?
Most 3-year certificates allow break after 6 months, with a penalty that varies by bank. The calculator assumes full-term hold.
Are there Islamic (halal) certificates?
Yes. Faisal Islamic Bank, ADIB Egypt and Al Baraka offer mudaraba-based investment accounts with a variable, profit-dependent return. Choose "descending" and enter the expected rate.
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