GROWING INTEREST Deposit provides high profitability combined with maximum flexibility for You to dispose with Your money – up to 10%* interest rate and possibility to withdraw the accrued interest at any time!
GROWING INTEREST Deposit is a time deposit with term of 3 months, in which against the sums placed-in, you get an interest, which increases each month within the 3-month period.
Characteristics
- You can open your GROWING INTEREST Deposit with minimum sum of BGN 2,000 or EUR/USD 1,000
- The deposit have 4 successive stages, each with duration of 3 months
- Your deposit is accrued with increasing interest rate in each one 3-month period
- After the expiry of the fourth 3-month period – the interest accrual schedule starts from the beginning of the first period
- The interest is accrued daily and is paid monthly, as it is capitalized or paid under another account (current, card, savings) with the Bank of the holder or of a third person
- You can avail of the unique advantage to get your interest at each time, including for past periods, without violating the deposit!
- At the end of the last interest period you get the highest interest, as a loyalty bonus
- You can freely place-in additionally sums amounting up to BGN 10, 000 or EUR/USD 5, 000 monthly, but only for the first 3 interest periods /quarters/ of the deposit
- It is not allowed to be placed-in additionally/ transferred additional sums during either of the 3 months within the fourth last interest period
- You can withdraw from the principal – on the maturity, at each quarter without any sanctions
- The deposits are accepted as collateral in case of loan transactions
* Bonus interest rate valid only for the 12th month of the deposit in BGN and paid on the maturity.
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