Time Deposit
Increase your money - take advantage of "Standard" Time Deposit from DemirBank!
ADVANTAGES:
(*) Extension is possible under compensation interest rate, set by DemirBank on the date of extension.
| Deposit term | up to 36 months |
|---|---|
| Deposit currency | KGS, US dollars, russian RUB |
| Deposit minimal amount | Time deposit opened in branch- KGS 5 000/USD 100/RUB 5 000 Time deposit opened through internet/mobile banking - KGS 2 500/USD 50/RUB 2 500 |
| Deposit replenishment | not applicable |
| Partial withdrawal | not applicable |
| Payment of interest rates | on the monthly basis or at the end of maturity date |
| Interest capitalization | not applicable |
Payment of interest rates – at the end of maturity date
| Term |
KGS |
US dollars |
russian RUB |
| days (months) | |||
| 28-86 (1-3)* | - | 1,0 (0,9)* % | 8,0 (7,7)*% |
| 87-173 (3-6)* | 5,0 (5)*% | 2,0 (2)*% | 8,0 (8,2)*% |
| 174-260 (6-9)* | 8,0 (8,1)*% | 3,0 (3)*% | 8,0 (8,1)*% |
| 261-347 (9-12)* | 10,0 (10,1)*% | - | 9,0 (9,1)*% |
| 348-521 (12-18)* | 13,0 (13)*% | 4,0%* | 10,0 (10)*% |
| 522-695 (18-24)* | 14,0 (13,5)*% | 4,0%* | 10,0 (9,7)*% |
| 696-744 (24) | 15,0 (14)*% | 4,25%* | 10,0 (9,5)*% |
| (36) | 15,0 (13,2)*% | 4,0%* |
* Effective interest rate
Payment of interest rates – on monthly basis
| Term |
KGS |
US dollars |
russian RUB |
| days (months) | |||
| 28-86 (1-3)* | - | 0,5 (0,5)* % | 7,5 (7,5)*% |
| 87-173 (3-6)* | 4,5(4,5)*% | 1,5 (1,5)*% | 7,5 (7,7)*% |
| 174-260 (6-9)* | 7,5 (7,7)*% | 2,5 (2,5)*% | 7,5 (7,7)*% |
| 261-347 (9-12)* | 9,5 (9,9)*% | - | 8,5 (8,8)*% |
| 348-521 (12-18)* | 12,5 (13,2)*% | 3,5%* | 9,5 (9,9)*% |
| 522-695 (18-24)* | 13,5 (14,3)*% | 3,5%* | 9,5 (9,9)*% |
| 696-744 (24) | 14,5 (15,5)*% | 3,75%* | 9,5 (9,9)*% |
| 745-1091 (36) | 14,5 (15,5)*% | 3,5%* |
* Effective interest rate
**When interest is paid on monthly basis in foreign currency effective interest rate will be as follows:
In USD from 0,48% to 3,72%
In RUB from 2,6% to 6,5%
***The above mentioned time deposit interest rates are applicable to the amount not exceeding US dollars 100 000 or the equivalent in another currency. Conditions of time deposits acceptance in amount that exceeds US dollars 100 000 or equivalent in another currency determined by the Bank individually.
HOW TO OPEN A DEPOSIT WITHOUT VISITING THE BRANCHES/OUTLETS OF THE DemirBank?*
- Log in to DemirBank Internet Banking and select “Accounts”..
- Select the menu item “Opening”.
- Select the appropriate currency and Click "Next".
- Enter deposit details. Click "Open".
- Congratulations. Time Deposit is opened!
* Establishing a deposit via Internet Banking is possible only for “Standart” time deposit with the interest payment at the end of maturity date.
To establish a deposit with monthly interest payment, you should apply to any branch/outlet of DemirBank.