Infin Yangilik 3 (online / stationary)
Information sheet on the main terms of a time deposit*
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Name of the commercial bank, official website, phone number |
Joint-Stock Company “Invest Finance Bank”, www.infinbank.com, tel: +99871-202-50-60 |
1- Part. Main terms of the deposit
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1. Deposit name |
Infin Yangilik 3 |
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2. Deposit currency |
US Dollars (USD) |
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3. Annual interest rate on the deposit |
7% per annum |
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4. Availability of capitalization of accrued interest on the deposit (addition of accrued interest to the deposit amount) |
Not provided |
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5. Deposit term |
13 months |
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6. Minimum deposit amount |
100 US Dollars (USD) |
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7. Interest payment period |
Monthly |
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8. Method of opening the deposit |
At the bank’s branches / In the bank’s mobile app |
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9. Additional deposit |
Allowed during the first 6 months |
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10. Auto-renewal (unilateral extension by the bank of the deposit term upon its expiry) |
Revised in the amount of up to 5 million USD
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11. Interest crediting |
Interest on the deposit will be credited to the on-demand deposit account / the client’s electronic wallet |
2- Part. Other important terms
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1. Availability of partial withdrawal of deposited funds before the deposit term expires |
In the event of early closure of the deposit, the accrued interest shall be recalculated at an annual rate of 5.6%. Any overpaid interest amount shall be deducted by the bank from the principal amount of the deposit. Interest shall be paid for the actual number of full months the funds remained in the deposit. |
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2. Early closure of the deposit |
All previously accrued interest shall be recalculated at an annual rate of 5.6%. If funds are withdrawn multiple times within a single day, the interest recalculation shall be performed only once. For subsequent withdrawals (on a different day), the interest recalculation shall apply only to the interest accrued after the preceding withdrawal. Any overpaid interest amount shall be deducted by the bank from the principal amount of the deposit. Interest shall be paid for the actual number of full months the funds remained in the deposit. |
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3. Deposit protection guarantee |
InfinBank is a member of the deposit guarantee system. Deposit guarantees are regulated by the Law of the Republic of Uzbekistan “On Guarantees for the Protection of Bank Deposits.” Deposits opened with JSC “Invest Finance Bank” are guaranteed by the bank’s financial stability. |
Please read carefully before opening a deposit!
You have the right to receive complete and detailed information from the bank about the terms of the deposit, the income, and the procedure for settlements on the deposit, your rights and obligations, as well as on any other matters that are unclear to you.
If you have any complaints, you may call +99871-202-50-60 or visit the address: Tashkent, Mirzo Ulugbek district, Mustaqillik Street, building 17B, or send an e-mail to info@infinbank.com.
* This information sheet does not replace a deposit agreement or a deposit application; it only helps you compare the deposit terms of different banks and make the necessary choice.
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