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SDM-BANK introduces two new time deposits for pensioners.

SDM-BANK offers two new time deposits “Pension –Income” and “Pension – Capital”.
The deposits can be opened in rubles only by pensioners. The bank will request for the passport and pension certificate of the customer. Time terms are variable from 6 months till 3 years. Interest for “Pension – Capital” deposit is paid at maturity. Interest for “Pension –Income” is paid monthly to the customer’s account.
Minimum deposits amount is 10,000.00 rubles. Interest rate depends on amount and deposit period and it ranges between 9.5 and 10.5% pa. Replenishment is eligible at any time through the deposit period. Minimum amount of replenishment of both deposits is 1,000 rubles.