The Ukrainian state bank Oschadbank, the deposits of which we will consider later, is one of the largest financial institutions in the country. He works in all areas of the Ukrainian economy. In this article, we will consider his deposit offers. You will learn everything about deposits at Oschadbank, interest rates as of February 2016, which are available to ordinary customers, as well as features of a particular type of deposit.
Individual Savings
The key to success in the provision of such services is the credibility and reliability of the bank. Considering that the legislation of Ukraine guarantees a full refund of money to customers in the event of the bankruptcy of this financial institution, it has no problems with customer confidence.
Various deposits are available to individuals . Oschadbank currently offers the following types of deposits:
Each of them has its own advantages. We will understand the conditions of existing deposits.
"Classical"
This contribution is an urgent offer with standard conditions. You can conclude a contract for a period of 7 days to 36 months. The amount is paid once when opening an account, and in the future it is impossible to replenish such deposits. Oschadbank gives customers the opportunity to independently choose the option of paying interest: monthly, quarterly or at the end of the contract.
The highest rate is available when making a deposit for a period of 18 to 36 months in hryvnia. In this case, you can count on 18.50% per annum. For example, when placing money for one week, the bank offers 16.50%.
"Warm embrace"
Such a deposit will allow you to get the maximum benefit in the shortest possible time. The term of the deposit is 3 or 6 months. If you place funds in hryvnias, then in the first case, the annual interest rate is 19.00%, and in the second - 20.00%. You can independently select the included features, making out such deposits. Oschadbank offers customers the following options:
Interest capitalization.
The possibility of replenishment.
Monthly interest payment.
It is impossible to withdraw such a deposit before the expiration of the contract.
"Capital"
There is no big amount of money and you want to save up? The “Capital” deposit will help to realize this, since there is a possibility of replenishment in it. The term for concluding the contract may vary: from 3 to 36 months.
Oschadbank makes monthly payments of interest to the card to customers who have issued such deposits or capitalize them on the deposit account. Deposit rates are very attractive: from 17.50% to 18.50% in hryvnias, depending on the period of placement of funds.
The minimum replenishment amount is 100 hryvnia.
“Pension”
If you are of a respectable age and have a pension certificate, then a “Pension” deposit is suitable for you. Oschadbank, whose interest on deposits is always at a high level, offers pensioners to receive in hryvnias from 18.25% to 19.50% per annum.
The following deadlines for concluding a deposit agreement are available:
For 3 months.
For 6 months.
For 12 months.
For 18 months.
A convenient condition is that you can replenish the deposit at any time and in any amount, that is, there is no minimum threshold for making additional contributions.
Interest can be received either monthly or quarterly or at the time the deposit expires.
"Flexible"
This type of deposit is offered to those customers who are not sure that they will not need the placed funds during the term of the contract.
So, it is possible to once withdraw all money from the account without losing interest rates and fines. This applies only if the period of time between opening an account and withdrawing funds is at least 31 days.
The “Flexible” deposit can be opened only for 18 months. You can replenish it at least 100 UAH. Options for paying interest are chosen by the investor. Funds will be placed at 17% per annum.
Is it possible to trust?
The question of trust means a lot to customers who choose a bank to place their money in it.
Opening deposits at Oschadbank, the interest rates for which are given above, you can sleep peacefully. After all, as was written earlier, the state itself ensures the return of deposits.
Of course, in the financial services market you can find non-bank organizations that are willing to pay customers more for placing funds, but are they able to provide such guarantees?