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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 18.5%.
- Profit payment frequency: profit is calculated and credited to the account daily.
- 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.
Account tiers & variable profit rate
Account balance
Variable Annual Profit Rate
From EGP 0 to less than EGP 50K
0%
From EGP 50k to less than EGP 500K
10.50%
From EGP 500K to less than EGP 1Mn
12.50%
From EGP 1Mn to less than EGP 5Mn
14.50%
From EGP 5Mn to less than EGP 10Mn
16.25%
From EGP 10Mn to less than EGP 50Mn
16.50%
From EGP 50Mn to less than EGP 200Mn
17.50%
From EGP 200MN & above
18.50%
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Required Documents
- Valid National ID (for Egyptians).
- Valid passport (for foreigners).