Banks provide services to the population to save money. Each bank develops its own line of deposit products. But all contributions can be classified by the type (type) of the contribution. This can help you figure out what the bank offers are and which ones are right for you.
It is necessary
A computer with Internet access, a list of telephones of closely located banks, a telephone
Instructions
Step 1
To select a deposit from those offered by banks, you need to collect information on the Internet, or call or visit all the banks that are near you. Then analyze the information received and choose the type of contribution that is most acceptable for you. Banks call deposits differently, but in order not to get confused in the variety of offers - read the terms of deposit placement, and you can use them to determine the type of deposit and choose the one you need. What are the types of deposits?
Step 2
Demand deposit - it is essentially a regular current account, you can withdraw money from the account at any time, the interest rate on such a deposit is minimal. Such a deposit is opened for crediting salaries, pensions, benefits or other monthly receipts. Also, if the client of the bank needs to make non-cash transfers monthly or from time to time without appearing at the bank. For this, a long-term order is drawn up.
Step 3
A classic ordinary deposit with a fixed interest rate, and payment of interest at the end of the term of the deposit, it is also called term. In terms of profitability, this is usually the deposit with the highest interest rate that the bank can offer at a given time. The disadvantage is that the deposit is usually opened for a long period of six months or more, and you can withdraw money before the deadline only with the loss of all interest that has come up during this time. If the depositor is sure that he will not need money for this period of time, then you can choose this type of deposit from the bank where the interest is higher.
Step 4
A deposit with monthly interest payments to a separate client account, from which this money can be withdrawn at any time. This deposit is convenient for those who have the opportunity to place a decent amount on the deposit, and the monthly accrued interest can be withdrawn or saved, depending on the desire.
Step 5
A replenished deposit, when a client who already has one open deposit, when he has free funds, invests them in it. Some banks set a condition - the replenishment must be at least a certain amount (for example, at least 5,000 rubles). This deposit is more dynamic and convenient for accumulating funds, banks offer all kinds of savings deposits within this type of deposits. For example, a savings deposit to collect the required amount for the first installment on a mortgage or car loan.
Step 6
Deposit with partial withdrawal and replenishment of funds. This contribution usually has a number of conditions. The main condition is not a reduced balance. You can withdraw money from the deposit, but up to a certain amount. The interest accrued on the withdrawn amount can either be saved or zeroed. It is necessary to carefully read the terms of the deposit for partial withdrawal. The deposit also has the possibility of replenishment. Deposits with partial withdrawal have a lower interest rate.
Step 7
A deposit with interest capitalization is a very convenient type of deposit, since interest accrued for a period (month or quarter) is added to the balance of the deposit, and in the next period, interest is accrued on the total amount of the deposit and interest. This allows you to increase the income on the deposit. Calculators of deposits, which can be found on the website of the required bank, help to find out what income can be obtained from such a deposit.
Step 8
A multi-currency deposit is a deposit opened simultaneously in different currencies, for example, in rubles, euros and dollars. Banks for such deposits allow you to manage your account and transfer money from one currency to another or replenish one or another currency position, depending on which currency it is currently profitable to keep money in at the moment. It is also possible to withdraw money from this deposit in the currency in which it is convenient for the client. The deposit allows you to get interest on the deposit and benefit from a particular currency. The disadvantage is that not everyone is able to make their own contribution and monitor the exchange rate all the time.
