Terms and conditions of deposit:
- Accrued interest is paid out at the end of the contract term;
- Interest is not capitalized, interest is not paid monthly;
- After the expiry of the contract and its non-request by the client, the funds (principal amount + interest) are reissued only once for the same period at the interest rate in effect at the time of reissue.
- The minimum amount of the initial payment of 10 000 KGS or 150 USD;
- The maximum amount of the initial payment of 500,000 KGS or 6,000 USD;
- Additional contributions per month may not exceed 150,000 KGS or 2,000 USD;
- Number of deposits per child: not more than 1 deposit in foreign currency and not more than 1 deposit in local currency.
Interest rates on "For children" fixed-term savings deposit contracts
in local currency:
|
24 months |
Note |
|
12% |
Payment of interest % at the end of the contract term |
|
**12,68% |
|
In US Dollars*:
|
24 months |
Note |
|
4,25% |
Payment of interest % at the end of the contract term |
|
**4,33% |
|
Interest rates - annual.
** In accordance with the Regulations of the NBKR "On effective interest rate in case of distribution of information on amount of remuneration on banking services".
