During the quarantine period, residents are not recommended to leave their homes without urgent need, so many depositors are not able to visit the Bank personally and withdraw money. Meanwhile, the terms of many deposits opened in Bank branches have expired or are about to expire. Kapitalbank renews accounts opened at the branches, which terms will expire during the quarantine. All deposits will continue generating profit.
Sum deposits of Kapitalbank will be transferred to the 21%-annual interest rate Navruz Deposit. us USD deposits will be transferred to Capital Deposit, which brings depositors 5% per annum. The Deposit term is 36 months.
What does this mean in practice? Now, if your deposit expires during the quarantine, the money will not remain useless in the Bank until the quarantine is over, but will automatically turn into an asset which keeps on making profit. In other words, deposits will be extended. Those depositors who have Kapitalbank’s plastic cards will be able to download Apelsin mobile app and become its certified users, and be able to track the deposit status and interest accruals. Depositors will also be able to partially withdraw funds from the deposit or even close it before its term ends. If depositors decide to withdraw money ahead of time, they will be paid interest for each full month of the deposit. Those depositors who do not have Kapitalbank’s plastic cards, will be able to order and receive Kapitalbank’s Humo Cards absolutely free with home delivery in Tashkent. In other cities where delivery is avaiable, you can get Kapitalbank’s Uzcard free of charge.
