An Accumulative Deposit

An Accumulative Deposit

Is a time deposit which could be constantly supplemented and in case of need a quarter of the deposit could be withdrawn within the calendar quarter. It is suitable seeking to accumulate funds constantly for those who receive periodical pays (retirement benefits, salaries, etc).

• Every new transferred sum of money does not need a new deposit agreement.
• A deposit may be supplement by any amount. Last three months of the deposit period deposit can not be supplemented.
• On request it is possible to withdraw a portion of the deposit without loosing the accrued interest, but not earlier than 3 months since the conclusion of the agreement (this condition is valid for the newly concluded agreements since 10 May 2010).
• Deposit interest is transferred to the same accumulative deposit account monthly.
• On depositor’s request the deposit could be extended automatically.
• Deposit term - from 4 to 24 months.
• A deposit could be placed in litas, euros or in USA dollars.
• The maximum amount of accumulative deposit per borrower is LTL 1 000 000 or an equivalent in EUR or USD.
• Accumulative deposit can be placed using the Internet banking service SB linija.