What does Oschadbank offer to individuals?

Ukrainian state bank "Oschadbank", whose deposits we consider further, is one of the largest financial institutions in the country. He works in all spheres of the Ukrainian economy. In this article we will consider his deposit offers. You will learn everything about deposits in Oschadbank, interest rates as of February 2016, which are available to ordinary customers, as well as features of one or another type of deposit.

Savings of individuals

The key to success in providing such services is the authority and reliability of the bank. Given that the Ukrainian legislation guarantees a full refund of cash to customers in the event of bankruptcy of this financial institution, there are no problems with the trust of clients.

Individuals have access to various deposits. "Oschadbank" to date offers the following types of deposits:

• "Classical";

• "Warm embrace";

• "Capital";

• "Pension";

• "Flexible".

Each of them has its own advantages. 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 the account is opened, and in the future it is impossible to replenish such deposits. "Oschadbank" gives customers the opportunity to choose the option of paying interest: monthly, quarterly or at the end of the contract.

The highest rate is available when you make 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 make it possible to extract the maximum benefit in the shortest possible time. The term of the deposit is 3 or 6 months. If you place funds in UAH, in the first case, the annual interest rate is 19.00%, and in the second case - 20.00%. You can independently choose the included features, making out such deposits. "Oschadbank" offers customers the following options:

1. Capitalization of interest.

2. Possibility of replenishment.

3. Monthly interest payment.

To withdraw such a contribution before the expiration of the term of the contract is impossible.

"Capital"

There is not a lot of money and want to save up? The contribution of "Capital" will help to realize this, as there is a possibility of replenishment in it. Term of the contract can be different: from 3 to 36 months.

To customers who have issued such deposits, Oschadbank makes monthly payments of interest on the card or their capitalization to the account of the deposit. Deposit rates are very attractive: from 17.50% to 18.50% in UAH depending on the term of placement of funds.

The minimum amount of replenishment is 100 UAH.

"Pension"

If you are of respectable age and have a pension certificate, then the "Pension" deposit will suit you. Oschadbank, interest on deposits which are always at a high level, offers pensioners to receive in UAH from 18.25% to 19.50% per annum.

The following terms for concluding a deposit agreement are available:

1. For 3 months.

2. For 6 months.

3. For 12 months.

4. For 18 months.

A convenient condition is that you can replenish your 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 end of the deposit period.

"Flexible"

This type of deposits is offered to those clients who are not sure that they will not need the funds placed during the contract.

So, the opportunity of a single withdrawal of all money from the account is given without loss of the interest rate and penalties. This is effective only if the period between the opening of the account and withdrawal of funds is not less than 31 days.

The "Flexible" deposit can only be opened for 18 months. You can refill it for at least UAH 100. Options for paying interest are chosen by the investor himself. The 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 in Oschadbank, interest rates on which are listed above, you can sleep peacefully. After all, as it 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?