First the interest rate. Then the other savings details.
Fixed interest rate deposits: the interest rate is fixed during the term of the deposit until the first maturity. The deposit period can be: 1 month, 3 months, 6 months, 12 months, or 2 years.
The amount required for opening a deposit is 500 lei or 200 euros / American dollars, while for a deposit on a 2-year period, the minimum amount is 1000 lei / euros / American dollars.
Why open a Term Deposit ?
ZERO commision for opening, maintaining and closing the deposit;
The UniCredit clients can choose their preferred savings period: 1 month, 3 months, 6 months, 12 months or 2 years;
You don’t have to worry about renewing at each settling day because you can automatically extend the deposit for a period identical to the prior.
After reaching maturity and having the first automatic extent, the term deposits that are opened for a period of minimum 6 months, have ZERO commission on cash withdrawals made at the pay office.
|TERM DEPOSITS WITH AUTOMATIC EXTENSION AND INTEREST RATE CAPITALIZATION (% per year)|
|Period||Tranche||Created through Online & Mobile Banking|
|≥10.000 - <100.000||0.35
|≥10.000 - <100.000||0.65
|≥10.000 - <100.000||0.85
|≥10.000 - <100.000||1.00
|TERM DEPOSITS WITH AUTOMATIC EXTENSION AND NO INTEREST RATE CAPITALIZATION (% per year )
For Term Deposits with fixed interest rate on 1, 3, 6 or 12 months opened in branch or by Contact Center is applied the interest rate for Online & Mobile Banking Deposit minus 0.15 percentage points.
Questions and Answers
How does installment interest apply to a term deposit for private individuals?
Depending on the corresponding installment, the interest rate is calculated on the balance for the entire amount.
Who guarantees deposits established with UniCredit Bank?
UniCredit Bank deposits are guaranteed by the Deposit Guarantee Fund in the banking system (FGDB). The coverage ceiling is the equivalent amount in lei for 100,000 euros per depositor and bank.
What documents do I need to open a term deposit?
The only document you need to open a term deposit is an ID card.
Is the money earned from interest rate a tax subject?
Interest income is taxed as follows:
- 10% in case of interest paid to resident individuals;
- 16% in case of interest paid to non-resident individuals and non-resident legal entities;
- the tax rate provided by the Double Tax Treaties concluded by Romania with other states, if the non-resident presents a certificate of fiscal residence valid in the year of payment.
How does a term deposit with automatic extension and interest capitalization work?
At maturity, interest is added to your initial deposit, and the deposit is renewed with the balance so obtained.
Start saving more. Smarter and easier.
Term deposit calculator
Make an estimate for the deposit’s interest rate