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Features
- Minimum balance to open the account: EGP 1000
- Account minimum balance: EGP 1000
- Minimum balance to calculate profit: EGP 1000
- Account currency : EGP
- Target Segment: Individuals
- Debit card could be linked to the account
- Account could be opened and accessed through internet banking
- Profit is calculated on the minimum balance during the month, and credited annually
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Required Documents
- Valid National ID (for Egyptians).
- Valid passport (for foreigners).
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Account tiers & variable profit rate (starting 1st of April 2024)
Account balance
Variable profit rate
From EGP 1k to less than EGP 5k
12%
From EGP 5k to less than EGP 50k
13%
From EGP 50k to less than EGP 1Mn
14%
From EGP 1Mn to less than EGP 5Mn
15%
From EGP 5Mn to less than EGP 10Mn
17%
From EGP 10Mn to less than EGP 15Mn
19%
From EGP 15Mn to less than EGP 20Mn
20%
From EGP 20Mn & above
23%