Bank, as a financial institution, is protected by law. Its appearance symbolizes the development of commodity currency economy to a certain stage. Banks are divided into different types according to their own responsibilities, including securities issuance, absorbing public deposits, and handling loans. The emergence of banks has contributed to economic development to a large extent, and at the same time has provided impetus for progress and played an irreplaceable role.
The banking industry has risen rapidly on the road of economic development, and it is also a financial institution that is worthy of public trust. The bank savings rate is an important factor in attracting deposits, and major banks are also racking their brains to increase user utilization. . The competition among banks is becoming more and more fierce, but obtaining corresponding interest through bank deposits is still the preferred method of financial management for most people. The profit of bank deposits is not high, but stable, which is why many people choose to deposit.
There are many ways to invest. Bank deposit may be the simplest and the least worry-free. You can choose to deposit and withdraw, which is very convenient. Other forms of investment may have high returns, but the inevitable risks are also high. In the mentality of prudent investment, people still feel that banks are reliable. According to data from the National Bureau of Statistics, even in 2019, the total deposits of Chinese people are still as high as 82.14 trillion yuan, so it seems that the per capita deposits can reach 58,000 yuan.
Anyone who knows about bank deposits knows that even in the same bank, there are big differences in interest for different products. The most basic one is the difference between time deposits and demand deposits. The difference between the two is clear at a glance. Everyone knows that the annual interest rate of fixed deposits is high, but it is not just that you can get the most benefits simply by depositing all your money for a fixed period of time. bank employees suggest that if you have 300,000 free money, don't deposit it on a regular basis, so that you can get higher interest.
As we all know, the longer the time deposit, the more money you get. ICBC’s deposit interest rates are different for one year, two years, and three years.They are 1.75%, 2.25%, and 2.75% respectively. If there are 300,000 yuan, then the interest will be 5250 yuan, 6750 yuan and 8,250 yuan, and there will be a difference of more than 1,500 yuan in one year. But if you choose a fixed deposit, it means that you have to put the money in the bank for a fixed period of time.
If the money is withdrawn before the agreed time, it can only be calculated according to the interest rate of the demand deposit, and you will get a small amount of money less. In order to retain a large amount of idle money and want more income, the bank has introduced a large deposit certificate. If the deposit amount can reach 200,000, you can choose a large deposit certificate. Compared with time deposits, large deposit certificates also have corresponding advantages.
There are many choices for the deposit time of large deposit certificates, short-term one month, three months, six months and one year, and two to three years. Users can choose deposit products that suit them according to their needs. Large-denomination certificates of deposit are more flexible than fixed deposits. In addition, what attracts users more is its high interest rates.
is also a deposit of 300,000 yuan, and large deposits can receive 6,758 yuan, 9450 yuan and 11385 yuan for single-year, two-year and three-year deposits. The difference in one year is 1,500 yuan. The longer the period, the greater the difference. This is a very intuitive difference between large deposit certificates and fixed deposits. If there is a large amount of spare money, it is more worthwhile to choose a large deposit certificate with more interest. After all, no one will refuse more wealth.
It is worth mentioning that the large deposit certificate is more humane, so there is no need to worry about losing a considerable amount of interest in vain if you withdraw it in advance. Large deposit certificates can not only be transferred to others, but also can be used as collateral. If users are eager to spend money, they can be mortgaged. Such a rule is more in line with people's needs.
A sudden epidemic ravaged the land and affected the development of the economy. This also caused the deposit interest rate to drop again and again, so that many people felt that there was no benefit to depositing money in the bank. However, the epidemic has gradually passed, the economy has recovered, the pace of development has gradually returned to the right track, the banking industry has stabilized again, and deposit interest rates have slowly risen.
The bank develops new users in order to retain old users,Other financial products will also be launched to obtain more deposits. Banks absorb deposits, accumulate more monetary funds, and obtain more income in the form of loans. Therefore, absorbing deposits has become a task that banks have been working hard on. Only by getting more deposits can the loan be completed.
With the progress of the times, people no longer rely on putting money in banks, and various financial products have emerged. However, no matter how rich and diverse financial products are, it is tempting to keep your eyes open and choose the right way. The choice of banks is very important, and reliable products are also very important. If you want to make your spare money more valuable, you can choose a variety of financial products. The best choice is to maximize the benefits and minimize the risks.
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