Minimum Balance Required | Annual Return | Features | |
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Minimum Balance Required: EGP 3,000 | Annual Return: 0% | Features: No Salary Transfer |
Open your Pension Investment Account from ALEXBANK and enjoy a wide set of features & benefits:
- For individuals Only
- Open in EGP only
- Minimum account opening balance and interest calculation of EGP 3,000
- An Annual interest rate credited to your account semi-annually.
- The account is issued in the name of the pensioner for early retired customers and customers over 60 years
- The monthly pensioner's value (civil/military) can be transferred to the account
- Ability to deposit and withdraw money from any of the 180 ALEXBANK branches located all over Egypt
- The benefit of interest is only applied to the proofed pension amount.
- Deposits to the account can only be made through cheques.
- CAP of 1 Million per account to earn preferential rate.
Required documents:
- A copy of your national ID or passport
- Pension documents
- The minimum opening balance required by Cheques only