Deposit Favorable

Main parameters Terms and conditions
Customer segment for which the deposit is offered Legal entities, Individuals (individual entrepreneurs, peasant (farm) holdings, private notaries)
Deposit Type (according to the Civil Code of the Republic of Kazakhstan) Fixed-term
Term of deposit KZT/RUB - from 3 to 24 months.
Currency of transactions KZT/RUB
Payment of remuneration Monthly  
Minimum deposit amount IN KZT - 500,000;
IN RUB - 100,000.
Maximum deposit amount Not more than 150% of the initial deposit amount
Minimum balance IN KZT – 500,000;
IN RUB – 100,000.
Interest rate Set individually.
For individual deposits the interest rate shall not exceed the limits of interest rates set by KDIF.
Additional contributions Allowed, subject to maximum deposit amount
Partial withdrawal Allowed up to the minimum balance
Capitalisation of interest Not envisaged
Prolongation Not envisaged
Terms and conditions of early termination of bank deposit Deposit of a legal entity:
1. in case of the actual placement period of less than 1 month, the payment (accrual) of interest is not envisaged.
2. in case of actual placement period of 1 and more months, the accrued/paid interest is recalculated and paid at the interest rate of the Demand deposit
Deposit of an individual (individual entrepreneur):
- Interest accrued/payable is paid out at the rate set by the contract
The savings deposit shall be returned not earlier than thirty calendar days from the date of receipt of the depositor's request.
For individuals engaged in entrepreneurial activities:

The Deposit is subject to a mandatory deposit guarantee according to Article 18 of the Law of the Republic of Kazakhstan "On Mandatory Deposit Guarantee". The maximum (limit) amount of guarantee for Deposit is the amount of guarantee indemnity based on the savings account balance, which is the maximum (limit) amount of guarantee (guarantee indemnity) prescribed by Article 18 of the Law of the RK "On Mandatory Guarantee of Deposits Placed with Bank, as of the date of revocation of the Bank's license to carry out all banking operations. If the Depositor has several different types of guaranteed deposits with the Bank, "Kazakhstan Deposit Insurance Fund" JSC shall pay the aggregate guarantee indemnity for them within the maximum amount of guarantee indemnity prescribed for each type of deposit separately, but not more than twenty million KZT.

For consultation and in case of any questions, you should visit the Bank's branches or contact your Customer Manager.

Call-center telephone numbers of Subsidiary JSC VTB Bank (Kazakhstan): +7(727)330- 50-50, 5050 – toll-free call from mobile phone".