OREANDA-NEWS. March 20, 2012. With a Uniastrum Advantage account, customers can deposit between Rb 50,000 and Rb 100 mn for a period of two years. The amount of interest accrued is dependent on the rates set for the stipulated deposit intervals, as well as upon the size of the deposit. An Advantage account offers a maximum return of 13% APR*.

In cases where a customer decides to close his or her account early, interest is calculated and paid at a rate of interest ranging from 1-6% depending on the actual deposit period. No provision is made for top-ups, partial withdrawal and automatic renewal of the account. Interest is paid on maturity.

For more details of the terms and conditions, and to apply to open an account online, visit http://www.uniastrum.ru/personal/savings/deposits/profitable/

Anyone opening a Uniastrum Advantage deposit account automatically receives a U-Pay Deposit card, which comes with an overdraft facility. Specially designed for Uniastrum customers, the U-Pay Deposit card features a number of conspicuous benefits, including competitive interest rates for use of the credited funds and short and straightforward application procedures. Also, at the end of the deposit period, holders can continue using their cards, and there are no administration fees.

“Our new deposit facility is an opportunity for persons with cash to spare to make their money work profitably for them over a relatively long period. Moreover, customers who close their accounts early lose very little in the way of returns,” explains Vasily Kuznetsov, Deputy Chairman of Uniastrum’s Management Board. “Our Advantage initiative is a welcome addition to the Bank’s retail deposit options and has been carefully designed to ensure that our customers can manage their money effectively.”