One of the areas where you can invest free cash is a savings certificate. This is a security certifying the bank’s obligation to pay a certain amount to an individual. Execute it at any lending institution. Savings certificates of Sberbank of Russia, the interest on which is higher than on all other deposits of the organization, are in demand in the market. As of November 17, 2014, 26 thousand forms were in circulation with a total amount of funds of 14.5 billion rubles. There are several reasons for this: an on-demand security is drawn up quickly, it can be transferred to other persons and presented for payment ahead of schedule. From our article you will learn in more detail on what conditions a Sberbank certificate is issued and applied (the interest that the institution promises to pay the holder, the timing and amount of deposits will also be considered).
Investments
People who have free cash at some point wonder where to invest it. Investing in stocks requires specific knowledge. Precious metals do not generate a fixed income. To reduce the risk, you can invest in financial instruments of a large state institution, which is Sberbank:
- certificates, the interest on which is paid at the maximum rate (10%);
- deposits, which are the insured type of deposit, but bring much less income.
Certificate Features
Demand security is issued only in the currency of the Russian Federation for a period of 3 to 36 months. It will not be possible to extend its validity period; you will have to issue another Sberbank certificate. Interest is accrued on the minimum amount of 10 thousand rubles. at a fixed rate. The amount of securities, the term of their turnover and the nominal value of the depositor can determine independently within the established range. The client has the right at any time to present a Sberbank certificate for repayment. Interest in this case will be recalculated at the rate of “demand”.
It can be sold, left by will, given, used as collateral or for settlements. If you urgently need to return a large amount of money, and there is no time to run to the bank, then you can simply hand the certificate to a third party instead of cash. The most important thing is that its validity does not expire. This is a great advantage of this type of securities. The client can independently choose for what amount he should open the Savings Certificates deposit . In some cases, Sberbank of Russia goes forward and issues forms in excess of the stipulated amount. This Central Bank is a reliable tool for storing funds, as it has several degrees of protection. It should be purchased by people who intend to transfer large sums, but do not want the tax to be known about this operation. That is why the Ministry of Finance proposes to exclude this financial instrument from circulation.
Purchase
To complete the transaction, you only need a passport. All fields must be filled in the security. The absence of text on one of the details makes the document invalid:
- name "Deposit Certificate of Sberbank";
- interest on the use of the deposit;
- reason for issuing;
- date of issue;
- deposit amount (in numbers and words);
- unconditional obligation of the bank to return the money;
- date of claim;
- issuer address;
- signatures of two specialists of the credit institution, sealed.
Sberbank of Russia: certificates, interest, terms of service
Starting from December 24, 2014, the following remuneration is paid on these securities:
Turnover, month | Deposit amount, rub. / percent per annum |
10 - 50 | 50 - 1000 | 1000 - 8000 | 8000 - 100000 | more than 100,000 |
3-6 | 0.01 | 12.25 | 12.50 | 12.75 | 13.00 |
6-12 | 12.52 | 12.75 | 13.00 | 13.25 |
12-24 | | 11.25 | 11.50 | 11.75 | 12.00 |
24-36 |
more than 3 years |
Here are the conditions under which you can purchase Savings Certificates of Sberbank of Russia. Interest is paid at the end of the term. It is declared on the form that rates are set higher than for deposits. It really is. A certificate in the amount of 100 thousand rubles, which will be presented for redemption in 367 days, will bring income of 12.25% of the deposit amount, i.e. 12 557.53 rubles. The deposit “Save” on similar conditions provides for an interest rate of 8.25%. That is, the profit will amount to 8 647.12 rubles. It should also be noted that the yield on securities with a par value of 10-50 thousand rubles. almost zero. So it’s more profitable to purchase one security for the maximum amount.
If the Savings Certificate of Sberbank is presented for repayment early, interest will be paid at a rate of 0.01% per annum. The Central Bank may at any time be transferred to a third party. It is not necessary to fix this in the documents. But this operation is possible only during the validity period of the deposit.
Other options
In addition to Sberbank, a certificate in Russia can also be obtained at other institutions. But rates and service availability vary by region. Transcapitalbank draws up this product by order, forms are brought from Moscow within 2-3 days. If the client is ready to wait, then he can invest an amount of 10 thousand rubles. for a period of 3 months to 2 years at 9-11.5% per annum. In some organizations, certificates are classified as VIP-line, and the "threshold" is very high. So, in IBA-Moscow, the deposit amount starts from 0.5 million rubles, and in the Bank of Moscow - 3.5 million rubles. In the branches of the institution in the capital, you can invest 200 thousand rubles.
Kinds
There are also personal certificates. They contain information about the owner. The transfer of such securities is carried out using cession - assignment of the right to claim. The form is intended for this special field on the back. If the certificate is transmitted several times, and one of the "links" drops out, then the document becomes invalid.
Benefits
There are quite a lot of them:
- high profitability;
- minimum package of documents for registration;
- mobility: the product can be cashed or presented at any time;
- transfer of rights is carried out by simple delivery of the form to a third party;
- can be presented for payment in any city of the Russian Federation;
- to receive a payment, you must contact the department with a passport and certificate;
- in case of loss of the bank, the right to money can be restored through the court.
Minuses
The main disadvantages of the Savings Certificate product of Sberbank:
- Interest and risk are very high. These securities do not participate in the deposit insurance system. The interest that the bank would pay the DIA, it returns to the client. Therefore, in the event of the issuer's bankruptcy or license revocation, individuals will not be able to receive the funds accumulated on such securities;
- in case of loss of a non-registered Central Bank, a third party may present it for payment to Sberbank;
- certificates (interest is calculated using a simple formula) do not provide for capitalization;
- securities are repaid by no means in all branches of a credit organization;
- in case of early presentation, the rate is reduced to 0.01% per annum;
- it is impossible to extend the validity of the Central Bank.
Some statistics
In February 2015, the maximum average certificate rate was 13.28%. According to the Central Bank, a similar indicator for deposits approached the mark of 13.85%. This is more than the average interest rate on registered securities (12.92%), but less on bearer certificates (15.71%). The maximum rates for this product are 18% (FiaBank) and 16.5-17% (UBRD).
Insurance is still possible
With the growing attractiveness of this service, DIA suggested that the banking community consider the option of providing certificates worth 3 million rubles. Credit institutions need long-term liabilities. The sources of their formation may be certificates. According to the DIA, over the past 5 years, Russians have invested 1.4 trillion rubles in these securities. Which conclusion follows from this? Given that the average turnover period was 3 years, the likelihood of using certificates as sources of long-term liabilities is very high.
Summary
Having free cash, individuals can invert them into financial instruments. For example, to issue bearer certificates of Sberbank, the interest on which is higher than on other deposits. To conclude a transaction, you only need a passport. It is better to present the form for payment at the end of its validity period, otherwise the interest rate will drop to 0.01% per annum, which is extremely unprofitable. The high rate of return is due to the fact that payments on such investments are not guaranteed by the Deposit Insurance Agency. Therefore, the bank pays the client a higher fee.