Deposit Insurance Agency

“Approved”
By Directors of CJSC “TUSARBANK”
Minutes No. 29 dated August 20, 2008
Put into action on September 1, 2008

Interest Rates on Physical Persons’ Deposits to the city of Moscow

Deposit Account with Monthly Interest Payment

INITIAL DEPOSIT AMOUNT LENGTH OF DEPOSIT
INTEREST RATES (in per cent per annum)
In Russian rubles 31 days 91 days 181 days 271 days 1 year + 1 day
From 10,000 to 149,999 7.5 9.5 10.5 11.0 11.50 / (11.33)*
From 150,000 to 449,999 7.75 9.75 10.75 11.25 11.75 / (11.49)
From 450,000 to 9,999,999 8.25 10.25 11.25 11.75 12.25 / (11.81)
From 10,000,000 to 30,000,000 8.0 10.0 11.0 11.5 12.00 / (11.65)
In US dollars
From 300 to 4,999 4.0 6.0 8.0 8.5 9.00 / (9.00)
From 5,000 to 14,999 4.5 6.5 8.5 9.0 9.50 / (9.33)
From 15,000 to 349,999 5.0 7.0 9.0 9.5 10.00 / (9.65)
From 350,000 to 1,000,000 4.5 6.5 8.5 9.0 9.50 / (9.33)
In EURO
From 300  to 4,999 - 3.25 5.25 5.75 6.25
From 5,000 to 14,999 - 3.75 5.75 6.25 6.75
From 15,000 to 349,999 - 4.25 6,25 6.75 7.25
From 350,000 to 1,000,000 - 3.75 5.75 6.25 6.75

Deposit Amount Increase – it is possible to supplement the deposit at any time upon the will of the depositor, except for two last month until the end of the deposit length, herewith the maximal allowed amount of funds in the deposit may not exceed 30 million rubles or 1 million USD/EUR;
Deposit Amount Decrease – may not be performed;
Interest Repayment – interest on the deposit amount is calculated monthly on the last working day of the month and shall be transferred on the Depositor’s demand deposit;
Deposit Prolongation – shall not be performed automatically;
At the pre-term withdrawal of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit from the day when the deposit has been paid to the Bank.
* - hereinafter in brackets for reference there are indicated the interest rates paid upon the deposit after tax payment.

Deposit Account with Quarterly Interest Payment

INITIAL DEPOSIT AMOUNT LENGTH OF DEPOSIT
INTEREST RATES (in per cent per annum)
In Russian rubles 91 days 181 days 271 days 1 year + 1 day
From 10,000 to 149,999 10 11.0 11.5 12.00 / (11.65)
From 150,000 to 449,999 10.25 11.25 11.75 12.25 / (11.81)
From 450,000 to 9,999,999 10.75 11.75 12.25 12.75 / (12.14)
From 10,000,000 to 30,000,000 10.5 11.5 12.0 12.50 / (11.98)
In US dollars
From 300 to 4,999 6.25 8.25 8.75 9.25 / (9.16)
From 5,000 to 14,999 6.75 8.75 9.25 9.75 / (9.49)
From 15,000 to 349,999 7.25 9.25 9.75 10.25 / (9.81)
From 350,000 to 1,000,000 6.75 8.75 9.25 9.75 / (9.49)
In EURO
From 300  to 4,999 3.5 5.5 6.5 7.0
From 5,000 to 14,999 4.0 6.0 6.25 6.75
From 15,000 to 349,999 4.5 6,5 7.0 7.5
From 350,000 to 1,000,000 4.0 6.0 6.5 7.0

Deposit Amount Increase - the deposit may not be supplemented;
Deposit Amount Decrease – may not be performed;
Interest Repayment – interest on the deposit amount is calculated on the quarterly basis on the last working day of the quarter and shall be transferred on the Depositor’s demand deposit;
Deposit Prolongation – shall not be performed automatically;
At the pre-term withdrawal of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit from the day when the deposit has been paid to the Bank.

Deposit Account with Monthly Capitalization of Interest

INITIAL DEPOSIT AMOUNT LENGTH OF DEPOSIT
INTEREST RATES (in per cent per annum)
In Russian rubles 91 days 181 days 271 days 1 year + 1 day
From 10,000 to 149,999 10.25 11.25 11.75 12.25 / (12.47)
From 150,000 to 449,999 10.50 11.50 12.00 12.50 / (12.65)
From 450,000 to 9,999,999 11.00 12.00 12.50 13.00 / (13.02)
From 10,000,000 to 30,000,000 10.75 11.75 12.25 12.75 / (12.84)
In US dollars
From 300 to 4,999 6.5 8.5 9.0 9.50 / (9.73)
From 5,000 to 14,999 7.0 9.0 9.5 10.00 / (10.09)
From 15,000 to 349,999 8.5 9.5 10.0 10.50 / (10.44)
From 350,000 to 1,000,000 7.0 9.0 9.5 10.00 / (10.09)
In EURO
From 300  to 4,999 3.75 5.75 6.25 6.75
From 5,000 to 14,999 4.25 6.25 6.75 7.25
From 15,000 to 349,999 4.75 6,75 7.25 7.75
From 350,000 to 1,000,000 4.25 6.25 6.75 7.25

Deposit Amount Increase – it is possible to supplement the deposit at any time upon the will of the depositor, except for two last month until the end of the deposit length, herewith the maximal allowed amount of funds in the deposit may not exceed 30 million rubles or 1 million USD/EUR;
Deposit Amount Decrease – may not be performed;
Accrual and Capitalization of Interest upon the Deposit – interest on the deposit amount shall be calculated on the monthly basis on the last working day of the month and shall be added to the deposit;
Deposit Prolongation – shall not be performed automatically;

At the pre-term withdrawal of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit from the day when the deposit has been paid to the Bank.

“Pension” Deposit with Monthly Interest Repayment

INITIAL DEPOSIT AMOUNT LENGTH OF DEPOSIT
INTEREST RATES (in per cent per annum)
1 year + 1 day
In Russian rubles
From 10,000 to 149,999 12.00 / (11.65)
From 150,000 to 449,999 12.25 / (11.81)
From 450,000 to 9,999,999 12.75 / (12.14)
From 10,000,000 to 30,000,000 12.50 / (11.98)
In US dollars
From 300 to 4,999 9.25 / (9.16)
From 5,000 to 14,999 9.75 / (9.49)
From 15,000 to 349,999 10.25 / (9.81)
From 350,000 to 1,000,000 9.75 / (9.49)

The deposit may be accepted only after the Depositor has additionally presented his/her pension certificate.
Deposit Amount Increase – it is possible to supplement the deposit at any time upon the will of the depositor, except for two last month until the end of the deposit length, herewith the maximal allowed amount of funds in the deposit may not exceed 30 million rubles or 1 million USD/EUR;
Deposit Amount Decrease – may not be performed;
 Interest Repayment – interest on the deposit amount is calculated monthly on the last working day of the month and shall be transferred on the Depositor’s demand deposit;
Deposit Prolongation – shall not be performed automatically;
At the pre-term withdrawal of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit from the day when the deposit has been paid to the Bank.

“Pension” Deposit with Quarterly Interest Repayment

DEPOSIT AMOUNT LENGTH OF DEPOSIT
INTEREST RATES (in per cent per annum)
1 year + 1 day
In Russian rubles
From 10,000 to 149,999 12.50 / (11.98)
From 150,000 to 449,999 12.75 / (12.14)
From 450,000 to 9,999,999 13.25 / (12.46)
From 10,000,000 to 30,000,000 13.00 / (12.30)
In US dollars
From 300 to 4,999 9.5 / (9.33)
From 5,000 to 14,999 10.0 / (9.65)
From 15,000 to 349,999 10.5 / (9.98)
From 350,000 to 1,000,000 10.0 / (9.65)

The deposit may be accepted only after the Depositor has additionally presented his/her pension certificate.
Deposit Amount Increase - may not be performed;
Deposit Amount Decrease – may not be performed;
Interest Repayment – interest on the deposit amount is calculated on the quarterly basis on the last working day of the quarter and shall be transferred on the Depositor’s demand deposit;
Deposit Prolongation – shall not be performed automatically;

 

At the pre-term withdrawal of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit from the day when the deposit has been paid to the Bank.

“Pension” Deposit with Monthly Capitalization of Interest

INITIAL DEPOSIT AMOUNT LENGTH OF DEPOSIT
INTEREST RATES (in per cent per annum)
1 year + 1 day
In Russian rubles
From 10,000 to 149,999 12.75 / (12.84)
From 150,000 to 449,999 13.00 / (13.02)
From 450,000 to 9,999,999 13.50 / (13.38)
From 10,000,000 to 30,000,000 13.25 / (13.20)
In US dollars
From 300 to 4,999 9.75 / (9.91)
From 5,000 to 14,999 10.25 / (10.27)
From 15,000 to 349,999 10.75 / (10.62)
From 350,000 to 1,000,000 10.25 / (10.27)

The deposit may be accepted only after the Depositor has additionally presented his/her pension certificate.
Deposit Amount Increase – it is possible to supplement the deposit at any time upon the will of the depositor, except for two last month until the end of the deposit length, herewith the maximal allowed amount of funds in the deposit may not exceed 30 million rubles or 1 million USD/EUR;
Deposit Amount Decrease – may not be performed;
Accrual and Capitalization of Interest upon the Deposit – interest on the deposit amount shall be calculated on the monthly basis on the last working day of the month and shall be added to the deposit;
Deposit Prolongation – shall not be performed automatically;
At the pre-term withdrawal of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit from the day when the deposit has been paid to the Bank.

Accumulating-Expenditure Deposit for the 2-year term with Monthly Capitalization of Interest

Minimal Deposit Amount INTEREST RATES (in per cent per annum)
In Russian rubles
From 10,000 11.5 / (12.64)
From 450,000 12.5 / (13.46)
In US dollars
From 400 8.5 / (9.23)
From 15.000 9.5 / (10.21)
In EURO
From 15,000 6.5

The Depositor may open only one deposit under the stated terms and conditions in every currency of the deposit;
Deposit Amount Increase – it is possible to supplement the deposit at any time upon the will of the depositor, except for two last month until the end of the deposit length, herewith the maximal allowed amount of funds in the deposit may not exceed 30 million rubles or 1 million USD/EUR;
Deposit Amount Decrease – it is allowed to withdraw not more than 10% of the deposit amount non-recurrently and repeatedly but not more often than one time in a calendar month provided that the minimal deposit amount is saved;
Accrual and Capitalization of Interest upon the Deposit – interest on the deposit amount shall be calculated on the monthly basis on the last working day of the month and shall be added to the deposit;

Deposit Prolongation – shall not be performed automatically;
At the pre-term cancellation of the deposit upon the Depositor’s initiative the accrued interest shall be re-calculated at the rate that equals to ½ of the interest rate indicated by the Depositor in the Agreement from the day when the deposit has been paid to the Bank.
* In case if the account balance on the Deposit exceeds the greater minimal deposit amount it is possible to make amendments to the deposit terms and conditions with reference to the relevant interest rate subject to the Depositor’s application.
** Maximal deposit amount constitutes 30 million rubles or 1 million USD/EUR.

Accumulating-Expenditure Deposit for the 1-year term with Monthly Capitalization of Interest

Minimal Deposit Amount INTEREST RATES (in per cent per annum)
In Russian rubles
From 10,000 10.00 / (11.02)
From 450,000 11.0 / (12.24)
In US dollars
From 400 8.0 / (8.64)
From 15.000 9.0 / (9.82)
In EURO
From 15,000 6.0

The Depositor may open only one deposit under the stated terms and conditions in every currency of the deposit;
Deposit Amount Increase – it is possible to supplement the deposit at any time upon the will of the depositor, except for two last month until the end of the deposit length, herewith the maximal allowed amount of funds in the deposit may not exceed 15 million rubles or 0.5 million USD/EUR;
Deposit Amount Decrease – it is allowed to withdraw not more than 20% of the deposit amount non-recurrently and repeatedly but not more often than one time in a calendar week provided that the minimal deposit amount is saved;
Accrual and Capitalization of Interest upon the Deposit – interest on the deposit amount shall be calculated on the monthly basis on the last working day of the month and shall be added to the deposit;
Deposit Prolongation – shall not be performed automatically;
At the pre-term cancellation of the deposit upon the Depositor’s initiative the accrued interest shall be re-calculated at the rate that equals to ½ of the interest rate indicated by the Depositor in the Agreement from the day when the deposit has been paid to the Bank.
* In case if the account balance on the Deposit exceeds the greater minimal deposit amount it is possible to make amendments to the deposit terms and conditions with reference to the relevant interest rate subject to the Depositor’s application.
** Maximal deposit amount constitutes 15 million rubles or 0.5 million USD/EUR.

Deposit “Indian Summer” with Interest Repayment at the End of the Deposit Length

DEPOSIT AMOUNT LENGTH OF DEPOSIT – 181 days
INTEREST RATES (in per cent per annum)
In Russian rubles
From 50,000 to 449,999 13.5 / (12.63)
From 450,000 to 9,999,999 14.5 / (13.28)
From 10,000,000 to 30,000,000 13.5 / (12.63)

Deposit Amount Increase – it is not possible to supplement the deposit;
Deposit Amount Decrease – may not be performed;
Accrual and Repayment of Interest on the Deposit – the interest on the Deposit amount is paid at the end of the deposit length;
Deposit Prolongation – shall not be performed automatically;

At the pre-term cancellation of the deposit upon the Depositor’s initiative the accumulated interest shall be re-calculated at the actual at that day interest rate of the demand deposit in the currency of the deposit defined by the Bank on the day of such cancellation.

“Salaried” Deposit

DEPOSIT AMOUNT INTEREST RATE (in per cent per annum)
In Russian rubles 7

 
Source of Funds – salary and other payments made to the Depositor by his/her employee;
Deposit Amount Increase – transfer of funds by clearing is allowed without any limitations from the indicated sources;
Deposit Amount Decrease – is allowed without limitations at any time upon the desire of the Depositor;
Interest Repayment – the accrued interest shall be transferred on the monthly basis to the deposit amount on the last working day of the month;
Length of the Deposit – is not limited.
* The interest rate for the deposit may be changed by the Bank in its own discretion.

Demand Deposit

DEPOSIT AMOUNT INTEREST RATES (in per cent per annum)
In Russian rubles 0.1
In US dollars 0.1
In EURO 0.1

Deposit Amount Increase – is allowed without limitations at any time upon the desire of the Depositor;
Deposit Amount Decrease – is allowed without limitations at any time upon the desire of the Depositor;
Length of the Deposit – is not limited.
* The interest rate for the deposit may be changed by the Bank in its own discretion.