Russian Standard Bank is one of the leaders in the financial credit card market. 50% of the institution's resource base is made up of contributions from individuals. Therefore, the organization is developing the deposit direction in every possible way, launching new programs and improving the existing functionality. The parameters and conditions for making current deposits are described in the article.
Contributions of Russian Standard in 2017
The last two years have been characterized by a number of shocks for the Russian economy: a collapse in oil prices, fluctuations in currency quotes, rising inflation and the bankruptcy of some banks. A series of events shook the public's confidence in financial institutions and provoked a reduction in the deposit assets of most banks.
During 2016, the growth of ruble and foreign currency deposits gradually began to increase. The total annual increase was about 10-15%. This was achieved by raising rates at the end of 2015 and the relative stabilization of the ruble since April 2016.
In 2017, the growth of the deposit portfolio, according to the forecasts of the Central Bank, will be 7-9%. Most likely, banks, including Russian Standard, will gradually begin to reduce interest rates, and attract new customers with promotional short-term products. Privileges and premiums on rates will be available to regular customers upon prolongation of the deposit agreement.
Taking into account the expected inflation in 2017 at the level of 7.5% and the taxation of the profitability of deposits, financiers are taken to argue that the profit from deposits is unlikely to cover the price increase. However, there is no worthy savings and savings alternative yet.
Conditions for individuals
Russian Standard offers to place savings under the terms of four main programs. All deposits are made in rubles, dollars and euros. The “starting” amount of the down payment at the office or through an online questionnaire on the website is 30 thousand rubles, in the Internet banking cabinet - 10 thousand rubles.
- validity period - 3, 6, 12 or 24 months;
- rate - no more than 10%;
- without the possibility of replenishment during the term of the contract;
- payment of income to the card account at the end of the term;
- if the client, after the expiration of the agreement, did not apply to the bank with an application for termination, then the deposit is automatically extended.
Important! It is possible to cancel the renewal (prolongation) of the deposit through Internet banking.
A detailed gradation of interest rates is shown in the table.
Conditions for individuals under the savings program "Replenished":
- period under the contract - six months, a year;
- maximum annual profit - 9.5%;
- the deposit can be replenished;
- withdrawal of interest after the expiration of the term - the income is transferred to the Russian Standard debit plastic.
Rates on the "Replenished" deposit in different currencies.
Parameters of the deposit program "Rentier":
- the deposit can be opened for 6 or 12 months;
- it is possible to replenish the savings account;
- the procedure for paying interest is carried out every month or quarter to the client's account;
- if desired, you can make a deposit with capitalization - the conditions are negotiated when signing the contract.
Interest grid for ruble and foreign currency deposits "Rentier".
The bank employees will offer the most favorable percentage when making a deposit "Maximum income" for 360 days. Profit for the year before tax will be 10%. In addition, if the balance on the deposit exceeds or equals 100 thousand rubles, then an additional 5% per annum is charged. This condition is also relevant for deposits made under programs “from 300 thousand rubles”.
Deposits in rubles
Depositors of Russian Standard Bank have the opportunity to apply for any of the programs, choosing the most suitable conditions for themselves. It is necessary to compare the main aspects:
- "starting" amount of savings and the possibility of registering / managing an account via the Internet;
- the need to withdraw interest every month or at the end of the term - regular profit will become additional income to the main income;
- the possibility of partial withdrawal of the deposit without loss of profit - it is convenient if the depositor is afraid to place money for a long time and, in case of force majeure, be left without financial support;
- the expediency of interest capitalization - it is necessary to calculate the final profit of the deposit in advance, since the compound interest calculation scheme may turn out to be more profitable than a deposit with a higher rate.
Bank deposits Russian Standard in Russian rubles
Currency deposits
Russian Standard offers to open the euro. It should be noted that this savings option has a significant advantage - the money is insured against currency fluctuations. However, there are also disadvantages:
- low interest - the rate on foreign currency deposits of Russian Standard Bank is five times less than deposits in the national ruble;
- if the dollar / euro exchange rate does not rise significantly in relation to the ruble, then the depositor will not receive any special economic benefits.
The maximum rate on a foreign currency deposit is 2% when opening a savings account in US dollars under the "Maximum Income" or "Replenished" program.
Interest on dollar deposits.
Main parameters of deposits in EURO.
Multicurrency deposit
There are three ways to make a deposit:
- at a bank branch;
- by submitting an online application;
- through internet banking.
Calculation procedure:
- Enter the amount and term of the deposit in the form.
- Select a currency and indicate the amount of the monthly installment (if necessary).
- Determine the formatting method.
- Rate the result.
For example, placing 50,000 r. for 1 year under the "Convenient" program, the investor will eventually receive an income of 6,114.17 rubles. Such a profit is possible subject to a monthly replenishment of 5,000 rubles.
When registering at the office, it is enough to submit the necessary documents, fill out a questionnaire, sign an agreement and deposit money through the cashier. To speed up the process, you can apply through the website.
The form should include the following information:
1. Contacts:
- Full name, gender, date of birth;
- citizenship and address of residence;
- phone and e-mail.
2. Place of registration - office for signing documents.
3. Deposit options:
- currency, amount, term;
- last name and first name in Latin, access code.
4. Documents:
- passport data (series/number, when and by whom issued, subdivision code, country and place of birth);
- registration address.
By clicking the "Submit" button, the applicant consents to the processing of personal data. After checking the information, a bank employee will contact the client and agree on a convenient time for signing the contract.