Minimum Balance Required Annual Return Features
Egypt Gulf Bank - Step Up Account Egypt Gulf Bank - Step Up Account Minimum Balance Required: EGP 0 Annual Return: 0% Features: Multiple Currencies
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Features:
  • Interest bearing account
  • Interest is calculated on the lowest balance per month & is paid monthly or quarterly
  • Account is tier based, the higher the balance the higher the interest
  • Offered to individuals only
  • Accessibility to your accounts 24/7 through EGBANK ATMs or any 123 ATM locally and internationally
Required Documents:
Salaried client:
  •  Valid National ID
  •  Recent utility bill (maximum three months)
Self Employed Client:
  •  Valid National ID
  •  Recent utility bill (maximum three months)
Non-Egyptian Client:
  •  Valid Passport with country entry visa
  •  Recent utility bill (maximum three months)
  •  Residency / Work permit
Interest Rates Per Tenor
Tiers/Interest Payment FrequencyMONTHLYQUARTERLY
2K:10K5.50%5.75%
10K:50K6.00%6.25%
50K:100K6.50%6.75%
100K:500K7.00%7.25%
500K- 1 Million7.50%7.75%
1 Million - 5 Million8.50%9.00%
5 Million & above10.00%10.50%