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Saving

Saving Account in EGP offer a full-range savings scheme with Multiple saving options, catering for all your personal needs.

FEATURES

You can choose from the widest range of MIDBANK SAVER that offers tranches of interest rates up to 9.00% with wide payment intervals (Monthly, Quarterly, and Annually) to suit your personal needs, Over and above you get instant access to your account.

BENEFITS

  • Lending against the Fund up to 90%. 

  • For New and Existing Customers.

  • Available for individual / minor (Egyptian & foreign).

  • Interest capitalized on account based on different payment intervals.

  • Minimum to calculate interest EGP 5,000.

  • Availability to issue Debit Card.

  • Allow over draft

  • Allow standing order

  • NOT allow chq books

Savings Accounts

EGP

Balance

Monthly

Quarterly

Annual

From

To

5,000

100,000

3.00%

3.50%

4.00%

100,001

250,000

4.50%

5.50%

7.05%

250,001

500,000

5.00%

6.00%

7.10%

500,001

1,000,000

5.25%

6.25%

7.15%

+ 1Mio

6.00%

7.00%

9.00%

Interest capitalization

Monthly

Quarterly

Annual

Int. calculation Base on

Minimum Balance during Month

Minimum Balance during each month separate

Minimum Balance during each month separate

Allow over drawing

No

Allow standing order

Yes

Allow cheque books

No

Be dormant after

6 months

Enabled for Mezza Debit Card

Yes

 

 

Fees and charges

Banking service

Amount in EGP

Account opening fee

EGP 50 for individual excluding the fees for inquiring about NID and stamps

Minimum Amount to open an account EGP 1000

Accounts admin fee

EGP 30 quarterly 

Bank statement (monthly – quarterly)

(10 – 25) EGP

Closing accounts fee

EGP 50 

 

Terms and conditions apply

 

For more information, please call 19189 or visit nearest branch