announce National Bank of Egyptduring a statement today, Saturday, May 4, 2022, new changes in the opening of a future savings account, and he stressed that the minimum amount to open the account is 500 pounds, and the minimum amount to calculate the return must be opened from 3001 pounds, once morest the background of some changes made by the bank, following announcing a committee Monetary policy in the Central Bank of Egypt, raising the interest rate by 2% on deposit and borrowing in all government and private banks.
The interest rate at the National Bank of Egypt
Content Plus, reviews in the following lines, the details of the future savings account, which was announced National Bank of Egypt It concerns the age groups from 16 years old to 50 years old.
Future Savings Account Details
Calculate the monthly interest rate up to 4.75%.
Calculate the interest rate every 3 months up to 4.80%.
The semi-annual interest rate is 4.85%.
The annual interest rate is 5%.
Documents and papers required to open a future savings account
A copy of the national ID card or passport.
Advantages of opening a future savings account
Free account opening fees.
Free quarterly account statement and administrative expenses.
Online banking.
Free life insurance for the customer.
Issuance of FoneCash wallet is exempt from issuance fees.
It is not used as an account for certificates or deposits.
The interest is calculated monthly on the lowest credit balance during the month.
Free debit card issuance fees.
