Egypt Post has launched a new savings account for individuals offering an annual return of 14%, which is added to the monthly closing balance at the end of each month. The account features a range of benefits designed to meet the needs of different customers, including the issuance of a debit card linked to the account, with the option to receive returns on a monthly basis, ensuring customers benefit regularly from the returns on their savings.
In a statement issued on Friday, Egypt Post explained that customers are allowed to open more than one account, with a minimum opening balance of EGP 300. The return is calculated once the account balance reaches EGP 100,000. The account can also be opened for minors, reflecting Egypt Post’s commitment to promoting a savings culture and enhancing financial awareness among children from an early age, in addition to providing free subscription to the Interactive Voice Response (IVR) service.
The statement added that the account can be opened through Egypt Post offices across the country, which number more than 4,600 branches nationwide. For inquiries about the new account, customers can contact Egypt Post’s Customer Service Center at 16789.
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Information Source: This content is based on official data and services provided by Egypt Post. At [akhbr], we strive to provide simplified guides and explanations to help citizens access government services with ease. Please note that terms and conditions may be subject to periodic updates by the official issuing authority.