Development Bank of Tajikistan
Payvand Deposit
Payvand children's deposit at the Development Bank of Tajikistan — for saving money for a child's future. Opened in the child's name by a parent or guardian. Yield 16% per year, term up to 120 months (10 years). Minimum 1,000 somoni, maximum 30,000 somoni.
TJSChildren's
16%
annual rate
1 d.–120 mo.
term
from 1 000 TJS
min. amount
Deposit conditions
| Interest rate | 16% per year |
| Term | 1 d. – 120 mo. |
| Deposit amount | 1 000 – 30 000 TJS |
| Capitalization | None |
| Interest payment | at_maturity |
| Deposit type | Children's |
| Insured amount | 35 000 TJS |
Pros & cons
Advantages
- High rate of 16% per year for up to 10 years
- Building long-term capital for a child from the earliest days of life
- Deposit is insured in the NBT deposit guarantee system
Disadvantages
- Maximum amount limited to 30,000 somoni — lower than adult deposits
Features
Top-up
Unavailable
Partial withdrawal
Unavailable
Early closure
Available
Auto-renewal
Unavailable
Insured
Available
How to open
Opening methods
At branch
Required documents
- Passport
- birth_certificate
16%per year
Term1 d.–120 mo.
Min. amountfrom 1 000 TJS
CurrencyTJS
Bank
Development Bank of Tajikistan
Bank profile →