Introducing Al Baraka Bank’s quarterly saving Accounts, Open your account with only EGP 1000 and earn profits quarterly.
Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved
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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
- Profit Calculation: Based on minimum account balance during the month, and credited quarterly.
- Debit card linkage: You can link your Al Baraka debit card to the Quarterly Saving Account.
- Internet Banking Services: Account could be opened and accessed through internet banking.
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Required Documents
- Valid national ID (for Egyptians).
- Valid passport (for foreigners).
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Account tiers & variable profit rate
Account balance
Variable profit rate
From EGP 1k to less than EGP 5k
3.50%
From EGP 5k to less than EGP 50k
6.50%
From EGP 50k to less than EGP 1Mn
8.50%
From EGP 1Mn to less than EGP 5Mn
10.50%
From EGP 5Mn to less than EGP 10Mn
12%
From EGP 10Mn & above
13.50%