Non-automatic extension
Posted: Wed Feb 19, 2025 5:30 am
If automatic extension is not provided, the depositor must notify of his/her decision to extend the agreement. The procedure is established by the banking organization: for some programs, an online application is sufficient, for others, you need to come to the branch and personally sign an additional agreement to the agreement.
Deposit extension conditions
The new period may be subject to the original conditions or new ones, current on the extension date. All the circumstances of the extension are known in advance and are indicated in the description of the deposit. For example, Sinara Bank offersfive reinvested deposits, and on the website you can see detailed conditions for each program.
Extension period
As a rule, the agreement is extended for the same period that finland mobile database was in effect when the funds were initially placed. This means that if you opened a deposit for 1 year, then upon extension the term is increased by another year.
Number of extensions
The number of extensions is determined by the banking organization. For example, in Bank Sinara you can extend the contract up to five times. The option is available for the following programs:
«Fulfillment of desires»: rate — up to #rate#38#/rate# per annum, term of placement of funds — from 30 to 1080 days; interest payment — at the end of the term;
«Fulfillment of desires+»: the conditions are similar to the previous program, but the contract is drawn up online, and the rate is higher - up to #rate#39#/rate#;
«An ordinary miracle!»: rate — up to #rate#37#/rate#, payments every month, term — 720 days; deposits and withdrawals are allowed;
«Pensioner!!»: rate — up to #rate#40#/rate#, monthly payments, term — up to 1080 days; deposits and withdrawals are allowed.
Deposit conditions after extension
The interest rate in the new period depends on the policy of the banking organization and the terms of the specific program. There are two options:
after the contract is extended, the same rate applies as when the deposit was opened,
a new rate is set in accordance with the conditions in force on the renewal date.
Parameters such as the frequency and method of interest payments, the ability to replenish and make expenditure transactions usually remain unchanged.
Deposit extension conditions
The new period may be subject to the original conditions or new ones, current on the extension date. All the circumstances of the extension are known in advance and are indicated in the description of the deposit. For example, Sinara Bank offersfive reinvested deposits, and on the website you can see detailed conditions for each program.
Extension period
As a rule, the agreement is extended for the same period that finland mobile database was in effect when the funds were initially placed. This means that if you opened a deposit for 1 year, then upon extension the term is increased by another year.
Number of extensions
The number of extensions is determined by the banking organization. For example, in Bank Sinara you can extend the contract up to five times. The option is available for the following programs:
«Fulfillment of desires»: rate — up to #rate#38#/rate# per annum, term of placement of funds — from 30 to 1080 days; interest payment — at the end of the term;
«Fulfillment of desires+»: the conditions are similar to the previous program, but the contract is drawn up online, and the rate is higher - up to #rate#39#/rate#;
«An ordinary miracle!»: rate — up to #rate#37#/rate#, payments every month, term — 720 days; deposits and withdrawals are allowed;
«Pensioner!!»: rate — up to #rate#40#/rate#, monthly payments, term — up to 1080 days; deposits and withdrawals are allowed.
Deposit conditions after extension
The interest rate in the new period depends on the policy of the banking organization and the terms of the specific program. There are two options:
after the contract is extended, the same rate applies as when the deposit was opened,
a new rate is set in accordance with the conditions in force on the renewal date.
Parameters such as the frequency and method of interest payments, the ability to replenish and make expenditure transactions usually remain unchanged.