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 jUNE 2025
Account balance Variable profit rate (Annual)
(starting 1st of jUNE 2025)From EGP 5k to less than EGP 50k 19% From EGP 50k to less than EGP 50Mn 19.25% From EGP 50Mn above 19.50% -
Required Documents
- Valid national ID for Egyptians / valid passport for non-Egyptians.
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What is the minimum amount to calculate profit?
Monthly saving account minimum account opening balance is 1000 EGP and 5000 EGP to calculate profit.
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Is it possible to withdraw or deposit money from the account at anytime without constraints?
You can withdraw or deposit money from the account at any time through our branches. In addition, you can issue a debit card to utilize your account 24/7
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Are the profits of the saving account calculated from the beginning of the month?
The profits of saving accounts are calculated upon the minimum account balance throughout the whole month (starting from first day of the month till the end of the same month)