Child deposit “Grow up big”
You have an opportunity right now to take care of the child’s future by opening deposit “Grow up Big” and provide him/her material wellbeing on coming of age. The deposit “Grow up big” is opened to the child aged till 18 years. Right to dispose of account is provided to parents or legal representatives. On reaching of 14 years old the child can dispose of deposit independently.
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Principal conditions of the deposit:
- Minimum amount for deposit opening KGS 1000; USD 50; EUR 50
- Minimum amount of replenishment KGS 500; USD 10; EUR 10
- Maximum amount for deposit opening KGS 3 mln., USD 40 000; EUR 35 000
- Maximum amount of replenishments of account: without restrictions except for 90 days before the end of deposit term.
- Interest payment on the end of deposit term
- Possibility of partial withdrawal: not applicable
- Automatic renewal of the contract
- Bonus!!! Early termination:
- After ½ of deposit term, 50% of accumulated interests are paid
- Before ½ of deposit term, interest payment is executed at the rate of demand deposit
Passport and Birth Certificate is required.
The interest rates on deposits in amount of KGS 500 000 and more can be determined individually by the Bank.
The effective interest rate is calculated individually for each deposit and depends on the initial deposit, the period of deposit, the amount of additional contributions during the period of deposit. The effective rate on deposits is 10%-11,35% per annum in local currency, 1,5%-3% per annum in foregn currency.