A First Step Savings Account allows you to achieve a secure future for your children by enabling them to start saving at a young age.
Flexible, easy to manage and with a range of benefits
A simple to use, competitive interest paying account to get your children off to a great start with their savings.
- Flexible and convenient
- Minimum opening amount is EGP 500
- Competitive interest rates (subject to existing rates)
- Exemption from opening an account and minimum balance charges
- The interest is calculated monthly and is payable to clients' accounts every six months
- Applicable for children up to the age of 21 years
- Account will be opened and operated by guardian in minor’s name
- Proof of address
- Letter of employment
- Minors Birth Certificate
- Valid National ID for Egyptian Guardians
- Valid Passport for Expats guardians with a valid residency visa page
- For more details contact our call centre 19977 or visit any branch
Fees and charges
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