Central Bank of Egypt: Aman certificate for all Egyptians .. No taxes

Central Bank of Egypt: Aman certificate for all Egyptians .. No taxes
    Central Bank of Egypt: Aman certificate for all Egyptians .. No taxes
    Gamal Najm, Deputy Governor of the Central Bank, said that the Aman certificate, which witnessed the signing of the cooperation protocol by the Prime Minister, the National Bank of Egypt, Banque Misr, Banque du Caire, the Agricultural Bank of Egypt and Misr Insurance Company, Only at an annual rate of 16% at the end of the period of the certificate, after deducting insurance premiums ranging between LE 4 and LE 20 per month, depending on the value of the certificates purchased by the client, indicating that the certificate of safety for all Egyptians and no taxes.

    The deputy governor of the Central Bank, at a press conference at the Council of Ministers, that the client to choose between obtaining a monthly pension for 4 or 10 years, or monetary compensation, benefit from his heirs after his death, and the value of pensions and compensation in the case of natural death, accident.

    The insurance amount which can be paid in one lump sum in the case of natural death starts at LE 10,000, LE 50,000 in case of accident death, LE 50,000 in case of natural death and LE 250,000 in case of accident death according to the value of the certificate. While the monthly pension value starts in the case of natural death from 200 pounds to 1000 pounds, if the pension for 5 years, and starts from 120 pounds to 600 pounds if the pension for 10 years.

    The pension starts in the event of death as a result of an accident from a thousand pounds up to 5 thousand pounds, if the pension for 5 years, and starts from 600 pounds to 2000 pounds, if the pension for 10 years.
    Wael Elyamani
    @Posted by
    writer and blogger, founder of CTV Egypt News .

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