Bank Deposit Interest Calculation Method Rules

Provisions on Calculation of deposit interest

1, the starting point of interest for deposits is RMB.

The amount of interest is counted to be divided into four rounds and five entries.

Except when current savings are incorporated into the principal at the annual interest rate, all savings deposits will not be renewed regardless of the duration of their deposits.

2. Maturity claims: interest is calculated on the basis of the fixed deposit and withdrawal rate of the regular deposit rate announced on the day of the opening of the account.

3, advance withdrawal: interest is calculated according to the current interest rate of savings deposit announced on the day of withdrawal.

The portion of the advance withdrawals is payable on the basis of the current interest rate of savings deposit announced on the day of the withdrawal date, and the rest is paid at the time of expiration according to the notice of the opening date of the account, and the interest rate is calculated at the time limit.

4, overdue withdrawal: from the date of maturity, the original deposit period is automatically pferred.

After the automatic pfer, the certificate of deposit is filled with a deposit period (according to the original deposit period of the deposit receipt), and the interest is paid at the time of maturity. The interest rate is calculated on the basis of the deposit and withdrawal rate of the time limit for the expiration date of the original certificate of deposit, and if the deposit is not saved again, the interest rate of the current savings deposit rate announced at the time of the withdrawal date will be calculated.

5. During the deposit period, if interest rates are adjusted, the interest rate will be calculated according to the corresponding fixed deposit rate announced on the day of the deposit account opening.

6. When interest rate deposits are adjusted, demand deposits will be calculated according to the current interest rate of savings deposits announced on the day of interest payment.

7, large pferable time deposits: at maturity, the interest rate can be calculated according to the large pferable time deposit rate announced on the opening date of the account.

Do not take advance withdrawals, regardless of overdue interest.

Specific calculation method

1, calculate the interest on demand savings: once a year, interest is added to the principal interest in July 1st.

Before the date of the settlement, the household shall pay interest according to the interest rate of the current savings deposit announced on the day of the withdrawal, and the interest shall be counted one day before the date of settlement.

Fixed deposit period:

Under the premise of capital and interest rate determination, the exact deposit period is required to calculate interest rate.

In real life, the depositor's real life is not a whole year, and usually has a few days. Here is a simple and easy way to calculate the deposit time quickly and accurately. That is to say, the year, month and day of the day are deducted from the year, month and day of the day, and the difference is the number of days.

For example: withdrawal day: June 20, 1998 - deposit day: March 11, 1995 = 3 March 9th, according to the stipulation of saving interest on the number of days in storage, the conversion days are: 3 x 360 (days) +3 * 30 (days) +9 if the birthdays are not enough, the "month" can be deducted from the "1" to 30 days plus the withdrawal date, and then the respective reduction and the other analogy.

This method is not only suitable for the deposit time, but also for the access time across the year. It is of practical value.

2, calculate the interest rate of zero savings and savings when interest is paid at the time of maturity.

The overdue part of the overdue payment shall be paid according to the interest rate of the current savings deposit announced on the day of the withdrawal.

There are several methods to calculate the interest rate of the regular savings in the zero sum deposit.

The formula is:

Interest = month deposit amount * cumulative monthly cumulative monthly interest rate, of which: accumulative month accumulate = (deposit frequency +1) * 2 * deposit times.

Accordingly, the cumulative monthly cumulative number of one year is calculated to be (12+1) 2 x 12=78, and so on. The cumulative monthly accumulative numbers of three and five years are 666 and 1830. respectively.

Example: a depositor opened a household account in March 1, 1997 and agreed to deposit 100 yuan a month for a regular year. The interest rate on the account is 4.5 per month, and the monthly interest rate shall be:

The interest shall be =100 * 78 x 4.5 per thousand =35.1 yuan.

3, calculating savings interest depositors who have interest in their savings and taking interest once a month from the beginning of the account opening.

In case of urgent need, the depositor can make an advance payment of principal to the opening bank (not to take part in advance withdrawals), pay interest according to the current savings deposit rate announced on the day of the withdrawal date, and deduct the interest that has been withdrawn every month.

The overdue part of the overdue payment shall be paid according to the interest rate of the current savings deposit announced on the day of the withdrawal.

The method of calculating the interest of the reservoir is the same as the regular savings in whole storage and withdrawal. After calculating the total amount of interest, the average interest rate will be allocated according to the agreed interest rate.

Example: in July 1, 1997, a depositor deposited 10 thousand yuan of interest on deposit and savings for three years, with interest rate at 7.47% per annum, and agreed to take interest once a month. The total amount of interest and the amount of interest drawn each time were: the total interest amount was =10000 * 3 (years) * 7.47%=2241 yuan.

The interest on each withdrawal is =2241 36 yuan (month) =62.25 yuan.

4, calculate the fixed interest rate and the saving interest rate: the dual nature of fixed or double saving is regular or current savings.

If the deposit period is less than three months, according to the current account, the rate of three months or more shall be calculated according to the forty percent off of the deposit rate of the same class.

The period of deposit is more than one year (including one year), no matter how long the deposit period is, the whole deposit period will be calculated at forty percent off interest rate according to the one-year deposit interest rate fixed on the day of withdrawal.

The formula is: interest = principal amount * deposit period * interest rate * 60%. Because of fixed interest, two deposits will not be fixed. The time of withdrawal is very likely to occur. This happens to the daily interest rate to calculate interest.

Example: in February 1, 1998, a depositor deposited 1000 yuan in fixed deposit and two savings in June 21, 1998. How much interest should he receive?

First calculate that the actual deposit time of this deposit is 140 days, and it should calculate forty percent off according to the three month interest rate (2.88% per annum) of the withdrawal date.

The interest shall be =1000 yuan * 140 days * 0.8%% (daily interest rate) * 60%=6.72 yuan.