- Interest Calculated on this account based on the daily closing Balance and credited in account in quarterly Basis
|Saving account( Minimum Balance : 50 000,00 DZD )||Interest Rate||Tax on Credit Interest1% for Interest amount≤DZD 50 000,00
Tax on Credit Interest10% for Interest amount >DZD 50 000,00
|Less Than50 000,00 DZD||0%||Quarterly
|From 50 000,00 DZDto 500 000,00 DZD
|From 500 001,00 DZD to 2000 000,00 DZD
|From 2 000 001,00 DZD to10 000 000,00 DZD
|Greater Than10 000 000,00 DZD
- Flexible Tenor with a minimum of three months.
- Fixed deposit accounts carry a certain interest, the percentage of which shall be set at the time of deposit and upon each renewal
- On maturity, and upon your request, the account is automatically renewed for an identical period and at the interest rate prevailing thereupon
- Fixed deposit accounts carry a certain interest, the percentage of which shall be set at the time of deposit and upon each renewal (the interest is fixed by the central bank of Algeria).
- On maturity and upon your request the account is automatically renewed for a same period and at the interest rate prevailing thereupon, unless otherwise instructed five working days prior to maturity date by yourself.