Everyone is interested into multiply the available opportunities and material resources. A fairly good option on the general background looks deposits with interest capitalization and replenishment. What are they? What are the advantages? What are they attractive to an ordinary citizen? We will talk about all this in the framework of this article.
general information
First, let's find out what therepresent deposits with interest capitalization and replenishment. These are called special savings programs, which stipulate that all interest received on the basis of the concluded contract is added to the amount of investments, and starting from the next accounting month, they are also charged a certain amount established by the conclusion.
Example
To understand better, what is it?represent contributions with a capitalization of interest and replenishment, let's consider how everything happens in reality. So, suppose, there is a person with savings in the form of 100 thousand rubles. He decides to put them on deposit. He is interested in deposits with interest capitalization and replenishment. Sberbank offers the best conditions, and it applies to this financial institution. An agreement is concluded on the deposit of the ninth day of a certain month at 12% per annum. Time has gone and interest begins to drip. In one month an amount of one thousand rubles is accumulated. On the ninth, it adds up to the 100,000 that make up the main body of the deposit. And already interest accrued to 101 thousand rubles. That is, for the second month a person will receive not 1000, but 1010! The benefit of this approach is obvious. But is it really the case as it seems?
Hidden Nuance
At first glance, the advantage of deposits withcapitalization is obvious. After all, the amount for which interest will be accrued is constantly increasing. On the example of the example considered earlier, one can see with one's own eyes that the usual 12% and the capitalization of 12% are different things. True, such a gain can be obtained only theoretically. Where is the hidden nuance, where is the catch? And the point is that the proposed interest rate is usually much lower than on deposits with a monthly payment of "run up" funds. Therefore, capitalization often does not give the expected effect. If you take and calculate the profit received, it turns out that in the case of small terms, it is more pleasant to use deposits with payment at the end of the contract term or monthly. And the difference can reach considerable sums both in quantitative indicators, and in percentage. There is such a pitfall. And the calculation of the deposit with interest capitalization and replenishment allows you to find out whether a deposit is really profitable, or, perhaps, other offers will be more interesting. But is everything so bad? We will make one more turn and look at the existing problem from a different position.
Long term benefits
Let's say we have a spherical contributor in a vacuum where the child was born. He decides to open a deposit to his adulthood. He has ten thousand rubles and two offers to choose from:
- Open a deposit without the possibility of additional capitalization at 25 percent. At first glance this is certainly the most profitable option.
- Open a deposit with a capitalization of 15 percent. It may seem that this option immediately disappears.
Agree, many, without hesitation, will choosethe first option, because it offers the best conditions. But at the moment of adulthood the second option will give a gain in the quantitative measurement of a little less than twenty percent! Can you imagine? Almost one fifth of the advantages! Although, for the sake of justice, it should be noted that the money received from the first option, in bulk, will have a large purchasing power, so both options should be well considered in order to decide what is still better.
Who will it suit?
It should be noted that contributions with capitalizationfunds are of interest not only for those people who save money for the legal age of their child (well, or pension). Their choice in favor of this approach is also made by those people who can not or do not want to receive interest every month. Specially for them a separate integrated solution is offered. It represents deposits with interest capitalization and replenishment and partial withdrawal of funds. Although this, of course, is not the only possible option. After all, you can make a deposit, so that all funds are automatically transferred to the savings card. Despite the availability of various opportunities, one should nevertheless take into account the profitability of the funds received.
Who to contact?
If you want to know what is consideredthe options are in practice, you can pay attention to the largest financial institutions. Sberbank's deposits with interest capitalization and replenishment, VTB 24, Alfa-Bank, and a number of other large service representatives offer relatively small interest. In addition, much depends on additional conditions. So, if you sign a contract for a deposit, you can expect to receive 5-8 percent of profit per year. Here it should be noted that in many respects the result depends on the situation. So, when a financial institution needs additional funds, it increases the amount of interest paid. On the one hand, this is certainly beneficial. But on the other hand, there are certain problems. Therefore, although bank deposits are considered relatively reliable investments, it is still necessary to think carefully about whether one should trust their savings with a certain financial structure.
Conclusion
The peculiarity of people is that we ourselves canmake decisions that will subsequently affect the standard of living. Although it can not be said that deposits with monthly interest capitalization and replenishment are something that can not be avoided, they can still have a positive impact on the future. So, for example, someone wants to open their own company. And this business is expensive, for which money is needed. They can be obtained on credit, but it is unlikely that someone will want to allocate a large amount without security, and to provide a single lodging as collateral is not an option, because it is still unknown whether everything will turn out all or not. Therefore, you can use the services of deposits to accumulate the necessary amount. It will not quickly burn out, but if you deduct 3-5 thousand rubles each month, which is not very much by the standards of the Russian Federation, then in a few years there will be enough money to re-qualify as an entrepreneur. It is necessary to act persistently and methodically, without stopping or surrendering. And then everything will turn out. Good luck!
