Deposit Advance
PROMO till 30/6/2012
A long-term deposit with interest payments in advance
- The deposit term is 1, 2 or 3 years.
- Minimum amount required – 5000 BGN or 2500 Euro.
- Currency – BGN or Euro.
Yearly interest rates:
| Period | 1 year | 2 years | 3 years |
| Interest rate in BGN | 5.00% | 6.00% | 6.25% |
| Interest rate in EUR | PROMO 4.55 % | 4,50 % | 5.00 % |
- Interest is paid in advance in the beginning of each standard period. If the deposit is for 2 or 3 years, when it is withdrawn, you receive the difference between the interest paid in advance and the interest calculated at the highest interest rate according to the longest passed period, in compliance with the table above.
- If you want the interest to be paid through a debit card, on the date when the sum is invested in Uniondeposit Advance you will receive a card and no fee will be charged for the card account maintenance for two years.
- Тhere are no commissions charged for cash depositing and withdrawal if the sum has been kept with the Bank for at least one month.
You will get interest income, even if you withdraw the deposit before the maturity date. In addition to the already paid interest for the longest passed standard period, defined for this deposit, (1 or 2 years), for the extra time, after the last expired period till the withdrawal date, you receive interest rate 0.50% for BGN and 0.30% for EUR. Same conditions apply if the deposit has been kept for less than a year. In case of withdrawal of the deposit before the maturity date, the interest due is recalculated and the difference is paid to you, or, if the interest paid in advance is greater than the one due, the difference is deducted from the deposit amount.
Example: Deposit in BGN for 36 months
- On the date when the sum is invested in Uniondeposit Advance in BGN, the interest for the first year is paid at interest rate 5.75%.
- At the beginning of the second year the interest for the second year is paid at interest rate 6.05%.
- At the beginning of the third year the interest for the third year is paid at interest rate 6.75%.
- On the maturity date (in the end of the third year) you receive an extra sum, which is the difference between the interest, calculated at 6.75% interest rate for each year, and the already paid interest.
You are welcome at your favoutire financial center of MKB Unionbank. Our kind consultants will give you all details and information in order to make your best choise.
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All savings and deposits in MKB Unionbank are protected by the Bulgarian law.