Today there are so many different banks that literally anyone can choose the one that suits all individual criteria. Moreover, this choice may take a long time, because you need to study the conditions for the necessary products, find out the quality of service, the location of the branches, etc.
In order not to walk around the city all day, you can get acquainted with the conditions at home. In this article we will provide a brief description of the products offered by the Russian Standard Bank.
A bit about a financial institution
This institution was founded back in 1999. Since then, a considerable number of changes and innovations have passed. Today, the bank specializes in providing financial services to individuals.
The ratings of international appraisal agencies indicate that Russian Standard Bank is ready to answer all its obligations at any moment, which indicates good financial stability.
Deposits
The institution offers its customers four types of deposits: “Maximum income”, “Rentier”, “Replenished” and “Convenient”.
It features a high interest rate up to 10% first deposit. “Russian Standard” does not allow customers to replenish it, which is the main disadvantage of this product. Withdraw money and interest is possible only at the end of the term. Interested in? The size of the deposit must be at least 100 thousand rubles.
The second has a maximum interest rate slightly lower - 9.5%. However, at any time you can replenish such a contribution. Russian Standard offers interest payments on this deposit only at the end of the term. The first installment must be at least 100 thousand rubles.
For those who want to receive interest monthly or quarterly, there is a special contribution. "Russian Standard" offers customers the product "Rentier". Rates on such a deposit are limited to 8.5%. Unlike the previous two types of deposits, the “Rentier” provides the opportunity to capitalize interest, which significantly increases its profitability.
Would you like to have constant access to your money on deposit? And for such people, a contribution is also provided. “Russian Standard” provides an opportunity to open a deposit “Convenient”. It assumes the lowest interest rate compared to previous products, with a maximum of 8% per annum. And the main advantage is that there is the possibility of partial withdrawals.
Also, with significant amounts of investments, the bank is ready to consider individual conditions and interest rates when concluding deposit agreements.
Loans
The bank offers the opportunity to use two loan programs:
Credit for goods is issued directly at retail outlets or online stores. That is, you do not need to first go to the store, take an invoice, then come to the bank to draw up the necessary documents - the employees located in the outlets will help you do everything on the spot.
The amount of such a loan can range from 3 to 300 thousand rubles. The interest rate depends on the selected store, as each has its own program. The maximum loan term is up to 24 months.
And if you already have all the equipment at home and need money in cash, then the bank can give you up to 290,000 rubles. The loan term can be up to 36 months. The tariff rate is calculated individually and depends on several factors, including a good credit history and long-term cooperation. Therefore, customers have the opportunity to get a loan with more favorable conditions each time.
Also, for those people who have temporarily lost their solvency, it is possible to conclude a loan debt restructuring agreement with a repayment schedule that the borrower will be able to fulfill.
Location
Represented in almost every major city, Russian Standard Bank: Moscow (27 branches), St. Petersburg (7 branches), Novosibirsk (3 branches), Yekaterinburg (3 branches), Nizhny Novgorod (3 branches) and so on.
The combined network with other financial institutions is about 3 thousand ATMs, which allows you to work with plastic cards almost throughout the Russian Federation.