Term deposit „Euro STEP”
Incremental monthly interest: Euro STEP
You deposit shall increase!
Make the Euro STEP, the most profitable and easiest step towards the best offer for term savings!
Your security shall increase as well!
As always, Eurobank Direktna acts in compliance with the needs and expectations of its Clients, providing an offer of innovative banking products and services.
Your trust shall increase!
In case that you should need your money, you can withdraw it at the end of each month, with no effects on your previous savings.
- Euro STEP account with 12 months’ deposit term and incremental interest rates is our suggestion for your savings.
- Minimum term deposit amount is RSD 100,000.00 or 2.000 EUR-a
- Interest on your Eurostep deposit shall be accrued at the end of each month, so that your deposit increases each month by the monthly interest amount.
- If you should need to withdraw your money during the agreed deposit term, you can withdraw it at any given moment without any deductions from the interest accrued on your EuroStep deposit prior to the withdrawal.
- At the end of the EuroStep deposit term, the total balance of your savings is transferred to your current account and your money is at your disposal from that day on.
Interest rates on term deposit “EuroStep“ in RSD
RSD |
Month
| NIR (%) | EIR (%) |
1 month | 0,05% | 0,05% |
2 month | 0,10% | 0,10% |
3 month | 0,80% | 0,81% |
4 month | 1,00% | 1,02% |
5 month | 1,30% | 1,33% |
6 month | 1,50% | 1,53% |
7 month | 1,80% | 1,84% |
8 month | 2,00% | 2,05% |
9 month | 2,50% | 2,56% |
10 month | 2,80% | 2,88% |
11 month | 3,00% | 3,08% |
12 month | 3,60% | 3,71% |
Interest rates are presented as gross amounts on the annual level.
Annual EIR is calculated as of 10.06.2021
You can see representative example
Representative example - Term deposit „Euro STEP” in RSD
PERIOD | AMOUNT IN RSD
| EIR | NIR | GROSS INTEREST AMOUNT
| TAXSES | NET INTEREST AMOUNT IN RSD
| TOTAL AMOUNT IN RSD
|
AVERAGE ANNUAL INTEREST RATE | | | |
1 MONTH | 1,000,000.00 | 0.05% | 0.05% | 44.44 | 0.00 | 44.44 | 1,000,044.44 |
2 MONTHS | 0.10% | 0.10% | 80.56 | 0.00 | 80.56 | 1,000,125.00 |
3 MONTHS | 0.81% | 0.80% | 688.98 | 0.00 | 688.98 | 1,000,813.98 |
4 MONTHS | 1.02% | 1.00% | 864.81 | 0.00 | 864.81 | 1,001,675.79 |
5 MONTHS | 1.33% | 1.30% | 1,085.15 | 0.00 | 1,085.15 | 1,002,760.94 |
6 MONTHS | 1.53% | 1.50% | 1,253.45 | 0.00 | 1,253.45 | 1,004,014.39 |
7 MONTHS | 1.84% | 1.80% | 1,556.22 | 0.00 | 1,556.22 | 1,005,570.61 |
8 MONTHS
| 2.05% | 2.00% | 1,731.82 | 0.00 | 1,731.82 | 1,007,302.43 |
9 MONTHS | 2.56% | 2.50% | 1,958.64 | 0.00 | 1,958.64 | 1,009,261.07 |
10 MONTHS
| 2.88% | 2.80% | 2,511.94 | 0.00 | 2,511.94 | 1,011,773.01 |
11 MONTHS | 3.08% | 3.00% | 2,445.12 | 0.00 | 2,445.12 | 1,014,218.13 |
12 MONTHS | 3.71% | 3.60% | 3,144.08 | 0.00 | 3,144.08 | 1,017,362.21 |
TOTAL AMOUNT FOR TEM PERIOD (12 MONTHS) | GROSS AMOUNT: | 17,362.21 | NET AMOUNT: | 17,362.21 | |
Interest calculation method | Proportional method |
Charges payable by the Client and included in EIR calculation | Free of any charges |
Personal Income Tax | As at the interest calculation date, and in compliance with the Individual Income Tax Law, Clients are not obliged to pay any taxes on capital income from RSD savings |
Indexing criteria: | No indexing is envisaged. |
Interest rates on term deposit “EuroStep“ in EUR
EUR |
Month
| NIR (%) | EIR (%) |
1 month | 0,06% | 0,05% |
2 month | 0,11% | 0,10% |
3 month | 0,14% | 0,12% |
4 month | 0,18% | 0,16% |
5 month | 0,23% | 0,20% |
6 month | 0,33% | 0,29% |
7 month | 0,39% | 0,34% |
8 month | 0,44% | 0,38% |
9 month | 0,49% | 0,42% |
10 month | 0,54% | 0,47% |
11 month | 0,59% | 0,51% |
12 month | 0,63% | 0,55% |
Annual interest rates in gross amounts are presented in the table; interest rate is fixed for the entire deposit term.
Annual EIR calculated as of April 26, 2016 on a deposit amounting to RSD 100.000,00.
You can see representative example
Representative example - Term deposit „Euro STEP” in EUR
PERIOD | AMOUNT IN EUR | EIS | NIR | GROSS INTEREST AMOUNT | TAXSES | NET INTEREST AMOUNT IN EUR | TOTAL AMOUNT IN EUR |
AVERAGE ANNUAL INTEREST RATE | | | |
1 MONTH | 10,000.00 | 0.05% | 0,06% | 0.50 | 15% | 0.42 | 10,000.42 |
2 MONTH | 0,10% | 0,11% | 0.98 | 15% | 0.83 | 10,001.26 |
3 MONTH | 0,12% | 0,14% | 1.13 | 15% | 0.96 | 10,002.21 |
4 MONTH | 0,16% | 0,18% | 1.55 | 15% | 1.32 | 10,003.53 |
5 MONTH | 0,20% | 0,23% | 1.98 | 15% | 1.68 | 10,005.22 |
6 MONTH | 0,29% | 0,33% | 2.75 | 15% | 2.34 | 10,007.56 |
7 MONTH | 0,34% | 0,39% | 3.58 | 15% | 3.04 | 10,010.60 |
8 MONTH | 0,38% | 0,44% | 3.43 | 15% | 2.92 | 10,013.51 |
9 MONTH | 0,42% | 0,49% | 4.23 | 15% | 3.60 | 10,017.10 |
10 MONTH | 0,47% | 0,54% | 4.81 | 15% | 4.09 | 10,021.19 |
11 MONTH | 0,51% | 0,59% | 4.60 | 15% | 3.90 | 10,025.10 |
12 MONTH | 0,55% | 0,63% | 5.26 | 15% | 4.47 | 10,029.58 |
TOTAL AMOUNT FOR TEM PERIOD (12 MONTHS) | GROSS AMOUNT: | 34.80 | NET AMOUNT: | 29.58 | |
Interest calculation method | Proportional method |
Charges payable by the Client and included in EIR calculation | Free of any charges |
Personal Income Tax | Pursuant to the Individual Income Tax Law, the account holder is obliged to pay the tax on savings interest income at the rate of 15%. As the entity paying the income, the Bank shall pay this tax in the name and for the account of the Client by deducting the tax amount from the gross interest on the Client’s savings account. |
Indexing criteria: | No indexing is envisaged. |
The Bank participates in the system of mandatory deposit insurance established in the Republic of Serbia.