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Details of the accounts of pensioners in Al-Ahly Bank and Egypt

04:42 PM

Friday December 31, 2021

I wrote – Manal Al-Masry:

The National Bank of Egypt and Egypt offer special accounts to pensioners with a periodic return after their retirement, in order to motivate them to deal with banks and benefit from the banking benefits offered to all customers.

Through the account, the two banks allow the possibility to inquire about your accounts and carry out most of your banking transactions for free through the internet banking service and the mobile phone application provided by Banque Misr, and the ability to purchase savings certificates by deducting your account and adding the return to the account automatically on the due date.

It also allows conducting all banking transactions through the bank’s branches located throughout the Republic, the possibility of issuing an instant debit card on the account, and the ease of dealing with the account through automated teller machines spread throughout the Republic throughout the day.

The customer can also issue all types of credit cards with the guarantee of the savings account, and pay the various obligations on your behalf in the event of permanent instructions to do so by debiting the account.

Masrawy provides details of accounts for pensioners in the National Bank of Egypt and Egypt:

First- Pension savings account in the National Bank of Egypt:

Interest Rate: 5.25% p.a.

Minimum account opening limit: 5 thousand pounds

Maximum account limit: The bank allows pensioners to invest their money up to one million pounds, or the value of the end-of-service gratuity.

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Second- Pension savings account in Banque Misr:

A savings account (current) is provided to pensioners, with interest rising and falling according to the average interest rate announced in the Central Bank.

Interest rate: 3% annually

Minimum account opening limit: 1,000 pounds

The required paperwork:

A copy of the national ID.

A letter from the employer stating the end of service gratuity

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