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| Pension |
Terms
Deposit "PENSION" is a deposit option for anyone who wants to ensure his or her well being in retirement.
You need only:
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Make the first deposit
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Add an amount to your deposit at will
So that at the end of the deposit period you can use it as you wish and in a more saving way
As pension benefit you can receive back your savings in monthly even payments while continuing to accrue interest on your account balance.
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Deposit currency |
AMD |
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Minimum amount |
50.000 AMD |
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Maximum monthly accumulation |
100.000 AMD |
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Deposit accumulation period |
10 year |
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Annual interest rate |
CBSI1+5% |
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Interest accrual |
Interest is credited annually to the deposit balance |
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Amount pay back period |
5 or 10 years as depositor requires |
1CBSI - Converse Bank Settlement Interest
Contract
DEPOSIT "PENSION"
Old age - Stable income.
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"/.
© CONVERSE BANK cjsc 2010. All rights reserved. Developed by Smart Systems LLC.