Deposits

«Future millionaire» deposit

A savings deposit for a specific category of clients (individuals aged 14 and older). The “Future Millionaire” deposit is a smart investment in your child’s future. 

The deposit agreement is completed by the parents or legal representatives of a minor party. A deposit may be replenished by the minor in whose name the deposit was opened. The minor party’s certificate of birth should be presented when opening the deposit. 

If a depositor keeps to the monthly deposit replenishment schedule (Savings Plan), he/she will earn interest at the rate increased by a bonus (Basic Rate + Bonus Interest).

Currency

KGS

Minimum initial deposit amount

 

KGS 500

Maximum initial deposit amount

KGS 50,000

Minimum amount of one-time additional deposit

KGS 100

Additional deposits

Additional deposits during the deposit period are made according to the schedule, subject to the following conditions:

  • a monthly deposit replenishment schedule (Savings Plan) is set up individually with each depositor. If a depositor keeps to the schedule, he/she draws interest at the rate increased by a bonus (Basic Rate + Bonus Interest);
  • a calendar month is a basis for setting up a monthly period of the Savings Plan and applying the bonus interest rate;
  • if the depositor does not keep to the individual replenishment schedule (Savings Plan), the interest is accrued at the basic rate;
  • if the depositor fulfills the conditions of the individual replenishment schedule (Savings Plan) in the current month, next month interest will be accrued at the rate increased by a bonus;
  • the amount of capitalized interest on the deposit is not considered in the total amount of additional deposits paid to fulfill the Savings Plan;
  • for the period from the date following the first interest payment to a term deposit account and the entire next calendar month interest is accrued at the rate increased by a bonus;
  • the minimum amount of one-time additional deposit is KGS 100.

Capitalization of interest

Monthly, on scheduled interest payment dates (a day of every month similar to the date of the Deposit Agreement)

Partial withdrawal

Not applicable

Effective interest rate in KGS – up to 7.22%.
Effective interest rate of bonus interest – up to 12.67%. 

Table of Interest Rates

Currency 12 months 18 months 2 years 3 years 4 years
KGS 7% 7% 7% 7% 7%
Bonus Interest +1% +2% +4% +5% +5%

Deposit Replenishment Schedule

Общая минимальная и общая максимальная сумма пополнений в календарном месяце будет зависеть от первоначальной суммы вклада по следующей градации

Сумма первоначального вклада Minimum Amount of Additional Deposit Maximum Amount of Additional Deposit
from500 to10000 KGS ≥ 100 KGS ≤ 1000 KGS
from10001 to50000 KGS ≥ 1001 KGS ≤ 10000 KGS

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Calculate savings on a deposit

months

Annual Interest Rate

Bonus Interest:

Accumulated Amount:

Accrued Interest:

Данные расчеты являются примерными. Более точные расчеты вы можете получить у наших специалистов.

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