Individuals
Benefits of your Child Deposit with KICB:
- You can save and accumulate money for your child.
- Your child, if necessary, can get the deposit principal amount and accrued interests as soon as he/she becomes 18 years old.
- We together with you take care of the future of your child and offer more favourable interest rates, compared to other types of deposits.
- Child Deposit term is 2 years and more.
Minimum amount required for the initial deposit is just USD 100, maximum USD 1,000. You can do a number of additional deposits of your account limited to total USD 500 of additional deposit per month.
Since December 18th, 2015, the Bank registers for each child only 1 (One) "Child deposit" in US dollars in the structure of KICB (including all branches and sub-branches.
Passport and Birth Certificate is required.
Interest Rates
|
|
2 Years |
3 Years |
5 Years |
10 Years |
|
KGS |
12,0% (12,68%)* |
12,0% (12,68%)* |
12,0% (12,68%)* |
12,0% (12,68%)* |
|
USD |
2,0% (2,02%)** |
2,25% (2,27%)** |
2,5% (2,53%)** |
2,75% (2,78%)** |
*Effective interest rate