Your Fixed Deposit offers plenty of choice and convenience through a selection of time periods from just seven days to one year.
Secured loan & overdraft
Your Fixed Deposit gives you the added reassurance of obtaining a secured loan or overdraft with a limit which is up to 95% of the deposit value.
Discover the benefits
Discover benefits such as Mashreq Rewards Points on all purchase transactions made with your Mashreq Rewards card. Your card is free for the first year and supplementary cards are free for life.
Available to minors
A minor can apply for a Mashreq Fixed Deposit Account along with a guardian.
Grow your deposit
You have the choice of adding the interest to the principal or getting it directly credited to your Mashreq account.
Deposit with foreign currency
Enjoy the convenience of being able to deposit with any major foreign currency (EGP, USD, EUR, GBP).
Eligibility
Minimum deposit
EGP 10,000 or 2000 for any other major currency.
Other requirements
A Current or Savings Account with Mashreq is mandatory
Age
Over 21 years / or a minor can apply along with a guardian
You will need
An existing Current or Savings Account with Mashreq Bank
A minimum balance of EGP 10,000 or 2000 in any other major currency
Fill in the application form
Terms & Conditions apply
Are you ready to apply?
Still got questions?
The minimum amount is EGP 10,000 or 2000 in any other major currency.
A Fixed Deposit can be invested in all major currencies.
A minor can apply along with a guardian.
No. You must have a Current or Savings account with Mashreq Bank.
Interest can be added to the principal or credited to a separate account.
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Unfixed Deposit
A unique account divided into internal units of EGP 1,000 allowing freedom to encash units when you need them.