To Mecca through Hajj Account  

Hajj is an annual religious pilgrimage made to the holy city of Mecca, Saudi Arabia. It is mandatory for physically able Muslims to perform Hajj at least once in a lifetime if they have the financial capacity. This saving account gives holders an option to save and prepare for the pilgrimage.

• Minimum initial deposit amount: ETB 25
• Depositors shall be expected to sign and confirm the sources of their deposits are from permissible business activities in the account opening form;
• The Bank will provide a passbook for this account;
• The account can be opened by couples provided they present a valid marriage certificate. Clients can also open an account for their children with a ‘for’ denomination followed by their sibling’s name;
• The tenure of the deposit will be unlimited. However, an arrangement can be made for those who wish to deposit for a fixed period;
• Based on the availability, the Bank may facilitate foreign currency for the pilgrims.
• The Bank may send an SMS fortnightly to remind customers to deposit the regular deposit sum;