1, annualized deposit rate. According to annualized interest rate = actual annual interest rate, an annualized rate of 4% means that the actual annual interest rate is 4%. According to deposit interest = deposit amount * deposit interest rate * deposit time, the interest of 1 ten thousand yuan is: 10000*4%* 1=400 yuan.
2. Annualized loan interest rate. Loan repayment methods are divided into equal principal and interest and average capital.
① Equal principal and interest. The annual interest of 10 thousand yuan is 2 17.99 yuan.
② Average capital. The annual interest of 10 thousand yuan is 2 16.67 yuan.
Deposits can be classified in many ways. For example, according to the mode of production, it can be divided into original deposits and derivative deposits, according to the term, it can be divided into demand deposits and fixed deposits, and according to different depositors, it can be divided into unit deposits and personal deposits (taking China as an example). Personal deposits, that is, residents' savings deposits, are the money that residents deposit in banks. Company deposit
(1) company deposits. This is a temporary idle monetary fund generated by state-owned enterprises, supply and marketing cooperatives and collective industrial enterprises due to the inconsistency between sales revenue and various expenditures. It also includes all kinds of special funds extracted but not used by enterprises, the most important of which is the depreciation fund of fixed assets, including profit retention.
The change of enterprise deposits depends on the scale of purchase and sale of goods produced by enterprises and their operating conditions. With the expansion of production or commodity circulation, corporate deposits will increase and vice versa. With the improvement of management and the acceleration of capital turnover, corporate deposits will decrease, and vice versa. The vast majority of corporate deposits are demand deposits, and only a few are time deposits.
(2) fiscal deposits. As the national treasury, all financial revenues and expenditures must be handled through the bank (see the national treasury). Fiscal revenue and expenditure are often inconsistent in time. In the case of first receiving and then paying, temporarily unused funds form financial deposits.
(3) Capital construction deposits are deposits formed by funds used for capital construction but not yet spent.
(4) Deposits of organs, organizations and troops. It is the deposit formed by unused funds brought by the above-mentioned units from financial concentration.
⑤ Rural deposits. The deposits of collective agriculture, township enterprises and rural credit cooperatives in banks, of which rural credit cooperatives account for more than 90%.
New types of deposits are constantly emerging in the world, such as negotiable certificates of deposit, negotiable payment instruction account, telephone transfer service, automatic transfer service and money market depositors, among which negotiable certificates of deposit have also developed in China. time deposit
It refers to the deposit that the depositor can only withdraw money on the specified date after the deposit or must notify the bank a few days before the withdrawal. The term varies from 3 months to 5 years, and from 10 year.
Generally speaking, the longer the deposit term, the higher the interest rate. Traditional time deposits include not only certificates of deposit, but also passbooks, which are also called passbook time deposits. However, the basic interest-bearing days are 90 days, and no interest will be accrued after 90 days. Compared with demand deposits, time deposits are more stable and have lower operating costs, and the deposit reserve ratio held by commercial banks is correspondingly lower. Therefore, the capital utilization rate of time deposits is often higher than that of demand deposits.
Time deposit is a kind of deposit in which the bank and the depositor agree on the term and interest rate in advance at the time of deposit and withdraw the principal and interest after maturity. Time deposits are used to settle accounts or withdraw cash from time deposit accounts. If customers need funds temporarily, they can apply for early withdrawal or partial early withdrawal. current deposit
It refers to a kind of bank deposit that depositors can access and transfer at any time without prior notice. Its forms include checking account, certified check, promissory note, travel payment and letter of credit. Demand deposits account for the largest part of a country's money supply and are also an important source of funds for commercial banks.
In view of the fact that demand deposits not only have the functions of monetary payment and circulation means, but also have strong derivative ability, commercial banks must take demand deposits as the focus of their operations at any time. However, due to frequent deposit and withdrawal, complicated procedures and high cost, commercial banks in western countries generally do not pay interest, and sometimes even charge a certain handling fee. deposit at notice
Call deposit is a kind of deposit with no agreed term, and can only be withdrawn after notifying the bank in advance and agreeing on the date and amount of withdrawal.
No matter how long the actual deposit period is, individual notice deposits can be divided into one-day notice deposits and seven-day notice deposits according to the length of advance notice of depositors. One-day notice deposit must inform the agreed withdrawal amount one day in advance, and seven-day notice deposit must inform the agreed withdrawal amount seven days in advance.
The minimum initial deposit, minimum withdrawal and minimum retention amount of RMB call deposit are all 50,000 yuan, and the minimum initial deposit amount of foreign currency is equivalent to 1 1,000 US dollars (banks can consult local banks for the initial deposit amount).
The currencies of call deposits can be RMB, HKD, GBP, USD, JPY, EUR, CHF, AUD and SGD (please consult your local bank for specific business and currency). According to bank regulations, the call deposit interest rate of RMB and foreign currency is higher than the deposit interest rate.