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Features
- Minimum Balance for account opening: EGP 5000.
- Minimum account balance: EGP 5000 .
- Minimum balance to calculate profit: EGP 50,000.
- Variable profit rate: up to 19.50%.
- Profit payment frequency: profit is calculated daily and paid at the end of the month.
- Target Segment: Individuals/Corporate.
- Currency: EGP.
- Issuing Bank statements every quarter.
- Cheque Book Issuance is available.
- Internet Banking Services: Access and manage your account through internet banking.
- Profit Calculation: Based on the account tier.
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Required Documents
Al Baraka Daily Investment Account requires:
- Company legal documents according to its legal form.
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Account tiers & variable profit rates
- Account tiers & variable profit rate starting 22nd of April 2025
Account balance
Variable profit rate
From EGP 0 to less than EGP 50K
0%
From EGP 50k to less than EGP 500K
11.50%
From EGP 500K to less than EGP 1Mn
13.50%
From EGP 1Mn to less than EGP 5Mn
15.50%
From EGP 5Mn to less than EGP 10Mn
17.25%
From EGP 10Mn to less than EGP 50Mn
17.50%
From EGP 50Mn to less than EGP 200Mn
18.50%
From EGP 200MN Above
19.50%