Bank ABC offers the millionaire time deposit where you can get distinct interest rates in addition to the eligibility for a quarterly draw on gold coins and the grand prize EGP 1million.
Time Deposit Features
• Currency: Egyptian Pound
• Tenor: 1 Year
• Payment frequency: monthly, quarterly, semiannually and at maturity
• Offered to individuals only
• Minimum amount to issue Millionaire Time Deposit is EGP 1,000
• Possibility to get secured facilities and credit card up to 90% of the time deposit face value
• The draw is on annual and quarter basis
Draw Terms and Conditions
The holder of millionaire time deposit has the opportunity to participate in an annual and quarter draw as follows:
- Minimum balance to enroll in draw is EGP 15,000
- Every EGP 15,000 will provide a chance to enter the draw
- The grand prize is one million Egyptian Pound for one winner
- The quarterly awarded prizes are five golden coins for five winners
The draw is under the supervision of Egyptian ministry of solidarity and concerned authorities.
For more information, please call 19123 or visit your nearest ABC branch.
Terms and conditions apply