Postal Bank, full name is China Postal Savings Bank, is a leading large retail commercial bank in China. It was established earlier and has a history of a hundred years so far, so it has a long history than most common commercial banks. In addition, Postal Bank is one of the state-owned banks with a large domestic market size. It serves a large customer base and has a complete range of financial services. Its influence and popularity are also quite high. It has become one of the main financial institutions for most customers to handle deposit and loan business.
Of course, for ordinary depositors, they pay special attention to changes in the interest rate of postal banks for regular and large deposit certificates, because after handling deposit business, interest will be reflected. Generally, the fluctuation of the actual annual interest rate will directly affect interest. Therefore, some people are particularly sensitive to interest rate changes. In addition, according to the data of the Postal Savings Bank Mobile Banking APP, it can be seen that the interest rate of 6-month large-denomination certificates of deposit is 1.92%, and the starting capital is 300,000 yuan, which is not transferable; the interest rate of 6-month large-denomination certificates of deposit is 1.90% after purchase of 200,000 yuan. Similarly, the interest rate for a three-month large certificate of deposit is 1.70%, the starting capital threshold is 300,000 yuan, and the three-month interest rate for a purchase of 200,000 yuan is 1.69%. The actual annual interest rate is different from the starting threshold. Since the Postal Savings Bank has a 6-month large deposit certificate of deposit rate of 1.92%, and the starting purchase funds are 300,000, what is the profit?
First of all, the deposit interest rates of the entire banking industry are generally a bit low this year, which is significantly reflected in the medium and long-term large-denomination certificates of deposit interest rates. For example, now the three-year large-denomination certificates of deposit interest rates of some large commercial banks has been lowered to 3.25%, and the starting capital threshold is almost no different from previous years. Therefore, the interest generated by deposit maturity has been lowered. In addition, the 3-month and 6-month deposit rates have been slightly raised, but overall they are relatively limited. Of course, the interest rate of the Postal Savings Bank's 6-month large-denomination certificate of deposit is 1.92%, and the starting purchase threshold is 300,000 yuan. Then the income generated by the maturity of the certificate of deposit is more than 2,800 yuan. This annualized rate of return is at the "medium-level" level among large commercial banks, because it is basically at the same level as the interest rate of the 6-month large-denomination certificate of deposit, which is not much different, but the gap between branches or business outlets in major cities across the country is significant.
Secondly, Postal Savings Bank is a large state-controlled commercial bank and is also one of the six major banks in China. The regular and large-denomination certificates of deposit interest rates are the basic interest rates and have great reference value. Since it is generally followed by various policies issued by the central bank, such as after the new deposit interest rate pricing mechanism is implemented, Postal Savings will lower the medium- and long-term large-denomination certificates of deposit interest rates, and branches established in major cities have also responded to appropriately pull back the three-year large-denomination certificates of deposit interest rates. It is now difficult to find deposit business that exceeds 4.0% annual interest rates, but the annualized rate of return is still much higher than the head office.
In short, the postal savings bank's 6-month large-denomination certificate of deposit interest rate is 1.92%, and the starting purchase funds are 300,000 yuan. If a depositor handles it, he can get more than 2,800 yuan in interest in 6 months. This income is more common among large commercial banks. However, compared with small and medium-sized commercial banks, the income is not high, and it is even a little low. However, during the period when the market interest rate is generally low, the 6-month large-denomination certificate of deposit interest rate is 1.92% overall in a reasonable range.
(This article is original by Chengshuo Fengyun. Welcome to follow and increase your knowledge with everyone.)
