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| Manuk |

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Terms
Deposit "MANUK" is an accumulative bank deposit. The authorized representative of the Depositor may add funds to deposit:
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Deposit currency |
RA drams and US dollars |
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Deposit term |
5-16 years |
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Annual interest rate |
CBSI1 |
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Payment of interest |
Interest calculated every three months, is credited to the deposit balance. |
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Maturity of Bonus Deposits |
Number of deposit years multiplied by average deposit balance multiplied by 5 percentage point. |
Documents required by the Bank for placing a deposit:
a/ Passport of the authorized representative of the Depositor
b/ Certificate of Birth or Passport of the Depositor
c/ Social Security Card of the authorized representative of the Depositor (for RA residents)
DEPOSIT "MANUK"
Ensure your child's welfare today!
Dear customers,
Please read the below stated very attentively:
The interests against the account amounts of the depositor are calculated on the basis of nominal interest rate and the annual profitability shows the possible income in case of depositing interest amounts. You can find the procedure and an example of calculating annual profitability in the link below:
The procedure and an example of calculating and paying deposit interests / according to Regulation 8/02 of the RA Central Bank "On calculation of annual interest profitability of bank deposits"/.