Narodniy Credit Bank offers you to take an advantage of depositing your savings in the Bank: rouble and currency deposits. Universal deposits of Narodniy Credit Bank is an effective tool of keeping and increasing your savings.

Advantage of the National Credit Bank Deposits:

• Profitable interest rates and capitalization of interests will allow to maximize your return and to minimize inflation risks;
• Replenishment of deposits;
• Prolongation of deposits without visiting the Bank;
• Transfer of deposit interests to the plastic card account;
• Free receipt of a credit card.

How to Open a Deposit?

For opening a deposit you will need an identity document, which may be:

If you are a National of the Russian Federation:

• passport of the National of the Russian Federation;
• birth certificate issued by civil registry offices, an executive authority or a local government body - for the National of the Russian Federation under 14 years old;
• Foreign passport for travels abroad;
• passport of the seaman;
• identification card of a military man or a military ID;
• temporary identification card of a National of the Russian Federation issued by the bodies within the Russian Ministry of the Interior prior to registration of passport;
• other documents recognized as identity documents according to the legislation of the Russian Federation.

If you are not a National of the Russian Federation, or if you are a stateless person or a refugee:

• passport of a foreign citizen or other document recognized as identity documents according to the federal statute or under the treaty of the Russian Federation;
• residence permit in the Russian Federation;
• document issued by a foreign state and recognized as identity documents of a stateless person under the treaty of the Russian Federation;
• temporary residence permit in the Russian Federation;
• residence permit;
• other documents stipulated by federal statutes or recognized as identity documents of a stateless person under the treaty of the Russian Federation;
• certificate on the Refugee Recognition Petition accepted for execution, which is issued by a diplomatic or a consular office of the Russian Federation or an immigration control post or territorial federal executive migration body;
• Refugee ID.

Investor can issue to the Bank agent a Power of Attorney for disposal of the deposit or part of the deposit without involving a notary.

Taxation of Deposits

According to the Tax Code of the Russian Federation the material deposits and loans benefits and incomes are subject to taxation. So, if the interest rate on the Russian Ruble deposit exceeds the refinancing rate envisaged by the Central Bank of the Russian Federation or is more than 9% per annum on a currency deposit the payment of interests to Clients are imposed with an income tax according to the second part of the Tax Code.
The income tax on the Natural Persons being Tax Residents of the Russian Federation makes 35% of the material benefit, which occurs on payment of interests on the above-stated deposits; the tax rate applied to the Natural Persons not being Tax Residents of the Russian Federation makes 30% of the received material benefit:

• on the ruble deposits - from the difference between the deposit interest rate and the current refinancing rate of the Central Bank of the Russian Federation;
• on the currency deposits - from the difference between the deposit interest rate and 9 percent per annum.

(According to Article 207 and Article 224, Second Part of the Tax Code of the Russian Federation)

Contact phone: 8 (800) 333-55-88