Your Guide to a new membership:
First : Documents required for the Main and Sheikh Zayed branches:
1- Education Graduation Certificate (original copy).
2- Marriage Contract Certificate.
3- Criminal case, certificate for the primary member.
4- Valid national ID numbers for members over 16 years old
5- Birth certificate of siblings (original copy)
6- Personal photos of all the members of the family.
7- Siblings must be single and under 25 years before payment.
8- Membership applications form coasts 500 LE.
9- Check book is required in case of installments.
10- Writing checks for the due amount is required.
11- A declaration to be signed by the member for the due fees.
12- In case of adding a spouse an extra 2760 LE is added plus 114 LE for membership form.
13- Annual subscription fees 3000 LE for the first time.
Documents required for Fifth of Settlement branch
1-Graduation Certificate (original copy)
2-Marriage contract. (Original copy)
3-Criminal case certificate for the primary member.
4-Vaild ID numbers for members over 16 years old.
5-Birth certificate for the siblings (original copy)
6-Personal photos for all the members.
7- Siblings must be single and under 25 years before payment.
8- Membership form coasts 500 LE.
9- Check book is required in case of installment.
10-Writing checks for the due amount is required.
11-A signed declaration from the member for the due fees.
12- An extra 6000 LE for adding the spouse.
13- The member has the right to complete the prime membership for four years from the opening of the branch with the same membership prices.
Membership prices for all the branches:
For Bachelor Degree holders 500,000 LE, an extra 100,000 LE to be added in case of installment as administration fees until the 30th of June. Then, membership fees increases to 750,000 LE for Bachelor Degrees holders and 1,000000 LE for Non-Bachelor Degrees holders.
|
Fees |
Installment sys. For organizations, companies and syndicates |
|
125,000LE |
Deposit for prime membership 25% |
|
375,000LE |
Due amount 75% |
|
5 installments |
Number of annual installments |
|
150,000 LE |
Admin fees during the 5 years |
|
105,000LE |
Annual installment |
|
650,000LE |
Total amount |
Membership of Sheikh Zayed Branch:
For Bachelor Degree holders 175,000 LE, plus an extra 35,000 LE in case of installment as administration fees until 30th of June .Then it becomes 250,000 LE for bachelor degrees and
400, 000 LE Non-Bachelor Degrees holders.
|
Four years |
Installment for individuals |
|
87,500LE |
Deposit |
|
30,625 LE |
First installment |
|
30,625 LE |
Second installment |
|
30,625 LE |
Third installment |
|
30,625 LE |
Fourth installment |
|
210,000LE |
Total |
|
Fees |
Installment sys. For organization, companies and syndicates |
|
43,750 LE |
Deposit for prime membership 25% |
|
131,250 LE |
Due amount 75% |
|
5 installments |
Number of annual installments |
|
52,500 LE |
Admin fees during the 5 years 8 % |
|
36,750 LE |
Annual installment |
|
227,500 LE |
Total amount |
Fifth Settlement membership:
For Bachelor Degree holders 200,000 LE, an extra 40,000 LE in case of installment as administration fees until 30th of June. Then it becomes 250,000 LE for bachelor degrees and
400,000 LE for Non-Bachelor Degrees holders.
|
Four years |
Installment for individuals |
|
100,000LE |
Deposit |
|
35,000LE |
First installment |
|
35,000LE |
Second installment |
|
35,000LE |
Third installment |
|
35,000LE |
Fourth installment |
|
240,000LE |
total |
|
Fees |
Installment sys. For organization, companies and syndicates |
|
50,000LE |
Deposit for prime membership 25% |
|
150,000 LE |
Due amount 75% |
|
5 installments |
Number of annual installments |
|
60,000LE |
Admin fees during the 5 years 8 % |
|
42,000 LE |
Annual installment |
|
260,000 LE |
Total amount |
FREQUENT Q and A
1- What happens in case of cancelation?
Answer: 10 % will be deducted from the total membership amount.
2- What happens when I pay the total amount?
Answer: admin fees will be deducted.
3-What happens if I pay the installment before the due date?
Answer: admin fees will be deducted depending on the remaining months for the due date
4-What are the conditions for compilation?
Answer: if the application form is from the New Cairo branch for the prime membership then it must be done during the first four years from the opening date or the member is committed to pay extra fees. The same applies for Sheikh Zayed branch.
5-How can I pay the compilation fees?
Answer: A 50 % is a must paid, then the other 50 % depends on the installment system.
6-What about daughters over 25 years old?
Answer: if her marital status is single, divorced or widower before the subscription they are allowed to be added as a follower then it changes when getting married and she can’t be an active member.
7- In case of delaying the installments?
Answer: If the check is returned to the bank for any reason we contact the member and advise him/her through the administration and receive the check. The interest is applied from the next month with a penalty of 0. 5%from the check amount if it’s the primary branch, 1.5% for Sheikh Zayed, and New Cairo branches per month.
8-What about completion for the siblings?
Answer: When they reach 25 years old, they will remain members of the branch but not as followers. If they wish, they can be separated from the rules applied to the active members.
9-What happens when I don’t pay the installment?
Answer: A penalty is applied per month and the case will be transferred to the legal department. The membership will be cancelled after three years with no right to refund the money paid.
10- When will the New Cairo branch be opened?
Answer: Within five years
11- Can I give up or sell my membership?
Answer: No, It's not allowed under any circumstances. The membership is canceled after three years without paying the installments.
