Encyclopedia
Minimum guaranteed rate on the deposit
The minimum guaranteed rate on a deposit - the value of the interest rate determining the minimum income paid by the credit organization to the depositor on the amount of the deposit under the condition of storing funds until the expiration of the deposit term, without taking into account conditions providing for the possibility Changes in the yield of deposits, including in cases where the depositor enters into (terminates) another agreement and/or receives an additional service not related to placing funds in a deposit (crediting funds to an account)1.
Law of the RSFSR dated 02.12.1990 No. 395-1, "On Banks and Banking Activities in the RSFSR". 1990, amended on 2021-07-02, art. 36.2, subpara. 10. ↩