With the monthly saving account from Al Baraka bank, enjoy a competitive profit rates that increase according to your account balance.
Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved
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Benefits
- Increasing profit rates according to the account balance.
- Access your account 24/7 using Al Baraka debit card.
- Follow up on your account along with performing various banking transactions using the internet banking service.
- Quarterly statement of account are provided.
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Features
- Minimum account opening balance: EGP 1000.
- Account minimum balance: EGP 1000.
- Minimum amount to calculate profit: EGP 5000.
- Currency: EGP.
- Eligibility: Individuals.
- Profit calculation & profit payment frequency profit is calculated on the minimum balance during the month & credited to the account at the end of each month.
- Account tiers & variable profit rate starting 1 st of April 2024
Account balance Variable profit rate (Annual) From EGP 5k to less than EGP 50k 20% From EGP 50k to less than EGP 1Mn 21% From EGP 1Mn to less than EGP 5Mn 22% From EGP 5Mn to less than EGP 10Mn 23% From EGP 10Mn to less than EGP 15Mn 24% From EGP 15Mn to less than EGP 20Mn 25% From 20Mn & above 26% -
Required Documents
- Valid national ID for Egyptians / valid passport for non-Egyptians.