BAKU/11.09.13/TURAN : JSC Muganbank set high interest rates on savings . From now on, customers can deposit money for a period of 3 years . The maximum interest rate on deposits will be 14.0 % per annum.
Each depositor is issued a plastic card for free , for the calculation of interest and convenience of cash withdrawals .
The interest rate for the deposit "Exclusive" for a period of 12 months of 12% per annum with monthly withdrawal per cent, 12.2% and 12.3 % respectively in the seizure of every 3 and 6 months. If the interest on deposits for one year shall be withdrawn at the end of the term , the interest rate is 12.5 % per annum. All deposits placed for a period of 1 year , the minimum deposit is 1,000 AZN (USD).
For deposit "Aktiv +" for 24 months with interest payable monthly interest rate of 13.0 %. If the interest on deposits for 24 months are taken every 3 , 6 months and at the end of 12 months , the interest rate is 13.2 % , 13.3% and 13.5 %, respectively. The minimum amount is 500 AZN (USD).
Interest for the monthly , quarterly and semi-annual deposit withdrawal "Arsenal" for a period of 36 months will be 13.5% , 13.7 % and 13.8 %, respectively. The minimum amount is 500 AZN (USD). If interest deposits for a period of 36 months shall be withdrawn at the end of the deposit term , the interest rate will be 14.0% per annum. -15D -
Economics
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