1. Funds to the deposit account are accepted in Belarusian rubles. The initial contribution to the deposit account is made (in cash or by bank transfer) at the time of concluding a housing savings agreement.

2. A deposit account cannot be opened in the name of another person.

3. The participant and other persons have the right to replenish the deposit account until the end of the contractual replenishment period corresponding to the selected accumulation plan.

4. Interest on the deposit account is paid for the period from the date of conclusion of the housing savings agreement until the day the deposit account is closed. The interest rate is set at the refinancing rate National Bank The Republic of Belarus. When calculating interest, the number of days in a year is considered to be conditionally equal to 360, and in a month - 30.

5. The return of the deposit is carried out with recalculation at a reduced rate interest rate interest due on the deposit in the following cases:

Carrying out any expenditure transaction on a deposit before the occurrence of a circumstance (event) for the target return of the deposit or an expenditure transaction that is not a target expenditure transaction after the occurrence of the circumstance (event) for the target return of the deposit;

Non-occurrence or disappearance of the possibility of the occurrence of a circumstance (event) of the target return of the deposit.

Further storage of the deposit (part of the deposit), if the deposit is not claimed, is carried out with the accrual of a reduced interest rate.

6. Capitalization of accrued interest on a deposit account is carried out:

Monthly until the first debit transaction is made - subject to the conditions for performing deposit transactions;

On the day of the first expense transaction;

At the end of each calendar year:

from the date of recalculation at the rate of demand deposits in Belarusian rubles;

from the date of expiration of the last contractual period of the savings stage, increased by 1 year;

from the date of the first debit transaction on the deposit (including the target one).

On the day the deposit is closed.

7. From the date of the first debit transaction on the deposit account, income on the deposit is accrued in the amount of the interest rate in force at the bank on demand deposits in Belarusian rubles for individuals, taking into account changes in its size for the actual period of storage of the deposit (deposit balance). Capitalization of interest on the deposit is carried out at the end of each calendar year.

From the date of expiration of the contractual replenishment period, or the day of the first expense transaction in the period before the end of the contractual replenishment period incoming transactions on the deposit account are not carried out (except for the capitalization of accrued interest).

8. The date of expiration (the day of expiration of the term) is taken to be the date that, by the name of its day of the month, is the same as the name of the day of the month of the date of conclusion of the housing savings agreement. If the expiration date falls in a month that does not have a corresponding date, then the expiration date is the last day of such month.

Construction savings is a system of accumulating funds and lending for housing construction.

Lending methods through construction savings are used in different countries. In Belarus, services in the field construction savings offered by OJSC JSB "Belarusbank".

How do Construction Savings work?

The essence of the system is quite simple:

First the client, i.e. a person who wants to build housing puts money into a savings account in a bank. Annual percentage for such a deposit is small, withdrawals are limited, just like most other operations.

The period for placing funds in the bank is agreed upon in advance. Replenishment savings account occurs in accordance with the terms of the agreement, sometimes during the entire period of placement of the deposit, sometimes this stage ends earlier and a period begins in which the only movement of funds in the account is the accumulation of interest.

After the end of the savings stage, the client has the opportunity to pay for the purchase of housing with the accumulated funds. This period is called the payment phase.

Then, when the investor’s own funds are fully transferred to the housing provider, the client has the opportunity to obtain a loan from the bank and continue construction using borrowed funds.

The credit period depends on the terms of the agreement between the client and the bank. Other terms of the loan are also dictated by this agreement and are not fundamentally different from other loans. But the annual interest is assumed to be lower than for other home loans.

The benefit of construction savings is mutual for the borrower and the lender.

The credit institution has the opportunity to favorable conditions use the client's money before construction begins. In addition to this, during the entire period of accumulation (savings) of funds, the bank indirectly monitors the state of affairs of the client: the timing of deposits, the amount of payments. The interest rate on the loan turns out to be lower than for other similar products, but this is compensated by the benefits already received from the deposit and the supposedly greater reliability of the borrower.

The loan recipient also benefits from a stable relationship with the bank. The comparatively smaller benefit from placing a deposit seems to him to be a payment for the favorable conditions of a future loan and the very confidence of receiving it.

Construction savings in Belarus

In the Republic of Belarus, agreements on the construction savings system are offered only by JSC JSB Belarusbank. It was not possible to find statistics regarding the number of people who used the service. But judging by the reviews on the Internet, the picture seems like this:

The construction savings system has been available since 2006, but has not become widespread. The majority continue to build through concessional lending, or agree to relatively small, short-term loans.

There are clients who were able to use the system, already live in the purchased housing and are rather satisfied with their decision. Most often they write that the deal was finalized in Minsk, minimum term accumulations/savings, and housing was purchased on the secondary market.

Check current ones credit terms under the construction savings system can be found on the official website of Belarusbank https://belarusbank.by/ru/fizicheskim_licam/vklad_v_sisteme_stroitelnyh_sberezheniy.

Let's look at some of the defining conditions of this proposal.

The ratio of own and credit funds should be 1 to 4, i.e. 25% of the cost of housing is financed from the client’s deposit, 75% from a bank loan.

Minimum savings period, i.e. the period during which the deposit is in the bank is 19 months. The basic savings period is 36 months. The maximum possible duration of this stage is 127 months.

There are 3 loan plan options available, with different terms for depositing and saving funds.

During the deposit placement period, the client is accrued annual interest in the amount of the National Bank's refinancing rate.

After the end of the savings period according to the agreement, the payment period begins, when all accumulated funds are transferred (to non-cash form) to the account of the home seller.

Upon completion of payments, credit period relationships. The loan repayment period is 20 years.

The interest rate on the loan depends on the refinancing rate. The client can choose from two options for connecting the annual percentage and rate:

• National Bank of the Republic of Belarus +1%
• Weighted average refinancing rate of the National Bank of the Republic of Belarus for the period from the month of conclusion of the housing savings agreement to the month preceding the month of conclusion loan agreement, increased by one percentage point

The Belarusbank construction savings system has several more advantages:

• Accumulated and loan funds can be used not only for housing construction, but also for the purchase of housing, including on the secondary market.
• Having accumulated funds, you can transfer your right to receive a loan to other persons (however, this does not relieve the borrower from the usual verification and approval of the bank).

Other terms of agreements can be found on the Belarusbank website and be sure to check with a specialist before concluding an agreement.

Is the construction savings system in Belarus profitable? Let it be a personal choice.

If the current refinancing rate were stable, then buying an apartment according to the described scheme would ultimately cost about 2.75 times more than buying without a loan. The same ratio for a preferential loan will be 1.87 times. Because preferential loans so far much more in demand.

Also, receiving a loan is preceded by a savings stage. During this time, the deposit amount cannot be withdrawn (even partially) under the threat of a fall in the annual interest rate from the refinancing rate to the rate on “demand deposits”. The minimum deposit period is 19 months.

But! IN modern history In Belarus, periods of ruble stability have rarely been long. The collapse of the exchange rate at the savings stage is very unpleasant for clients, in the next credit years this promises proportional relief of the credit burden.

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Thinking about how to put your money to work? Bank deposits They don’t even cover inflation. IN valuable papers ah, not everyone understands. Speculative transactions with currencies are reminiscent of playing roulette. A good alternative is to invest in the construction of residential and commercial real estate. The investment is safe because the object becomes your property. They are liquid and can potentially double your capital in a short period of time. Unfortunately, there are no risks. Let's talk about investing in construction in more detail.

Investments in housing construction are optimal before the market rise in the following conditions: difficult economic condition in the country combined with unstable foreign exchange market, but an optimistic forecast. If prices for new buildings increase, the return on investment in house construction will increase many times over.

The housing market in Russia experienced a deep crisis in 2016:

• prices and sales volumes of primary housing have decreased significantly;
• the number of defrauded investors has increased significantly;
• the number of “unfinished projects” has increased.

The trend continues in 2017, but a number of indicators indicate a potential change in vector at the beginning of 2018. If the trends are confirmed, this will be an ideal time for investors to enter. Follow the market!

Wanting to invest in construction in Russia, an investor plans to make money on the difference in prices at the time of purchase and sale. This difference always exists even in a stable market. The developer announces minimum prices at the start of sales in order to:

• attract the first wave of clients;
• create a positive image.

The price spread is especially noticeable when constructing entire microdistricts and residential complexes. Thus, the ideal moment for investment is the start of complex development.

Select a property

Apartments in residential buildings

Investments in housing construction are the most popular investment object. Causes:

• relatively small amount investments;
• short payback period: 1–2 years;
• ample opportunities to exit the project (sale, lease).

When choosing an object, pay attention to the following criteria:

1. Region (different regions of the country have their own market characteristics).
2. District (prestige, safety).
3. Transport accessibility(distance to the metro, for example, significantly affects the price).
4. Infrastructure (supermarkets, schools, kindergartens).
5. Plans for the development of a microdistrict (municipal or developer): in the case of complex development, the return on investment, as well as the risks, can increase significantly.
6. Number of rooms (the most marketable product is 1 and 2-room apartments).
7. Apartment layout.
8. Housing class (“economy”, “business class”, “premium”, “elite”).

Cottages

A good alternative to investing in apartment buildings, because the:

• profitability under certain conditions may be higher (especially in the luxury housing segment);
• payback period is the same (1–2 years).

The advantages are offset by increased risks:

• the amount of investment is more significant;
• the liquidity of suburban housing is an order of magnitude lower;
• price volatility is higher.

By analogy with apartment buildings invest at the foundation stage. When choosing an object, use the above criteria, and also consider additional factors:

• ecological situation;
• distance to a major center;
• ease of communication.

Hotels

A promising way to invest in resort regions and major cities. There is still competition from ordinary apartments. The segment is quite specific and requires detailed study from the investor. The risks are high. Opportunities to exit the project are limited. Payback period: from 4 to 8 years.

Industrial premises

Investments in this segment impose certain requirements on the investor and the project:

• the investor has commercial skills and knowledge;
• the purpose of the project, the exit method and the potential buyer are determined in advance;
• a clear business plan for the project has been formed, taking into account the risks of selling to a non-target buyer at a reduced price.

Investments are long-term. Payback period: from 5 to 10 years.

In demand: premises for food industry companies, essential goods, furniture.

Investments in production often involve intermediaries and are carried out collectively through mutual funds and private equity funds.

Commercial real estate

Represent:

1. Retail facilities: shops, supermarkets, shopping centers.
2. Public catering facilities: cafes, bars, restaurants.
3. Educational, sports and entertainment centers.
4. Offices and business centers.
5. Warehouses, hangars, storage facilities.
6. Agricultural objects.

The investment amount is maximum.

Risks are high, but potentially lower than in the case of industrial premises, since upon completion of the project the premises are expected to be rented out a large number businessmen. Selling is rarely used as an exit option.

Payback period: from 5 to 10 years.

Choose an investment method

How to invest money in the construction of an apartment or commercial facility? Fundamentally, determine which investment method is right for you:

• individual investing;
• collective investment.

Attention. Always keep in mind that it is impossible to acquire ownership rights to an object that is under construction.

Individual investment options

Agreement equity participation in construction. Investments in share building- the most reliable option from a legal point of view. Concluded between the investor and the developer in accordance with the requirements of 214-FZ. The main advantage: the contract is subject to mandatory state registration, which will protect you from many risks.

Redemption of a third party's share (assignment of the right of claim). The share participation agreement provides for the possibility of acquiring a share at the stage of completion of construction. Such deals are also considered profitable. You will lose part of the profitability, but you will sharply shorten the payback period and reduce risks. To avoid being caught by scammers, be sure to check the documents confirming ownership.

Investment agreement for the construction of a residential building.

IN current legislation transactions of this kind are not provided for, but are not expressly prohibited. Pros: the rights of the investor in the contract, as a rule, must be reflected in detail and clearly (unlike “gray” schemes). Disadvantages: an investment contract for construction does not require state registration, which gives the developer wide room for maneuver in the event of claims from the buyer.

Investment agreement for the construction of a non-residential building.

Attention! Under no circumstances follow the lead of an unscrupulous developer and do not enter into a “ preliminary agreement purchase/sale”, “loan agreement”, “bill purchase agreement”, etc.

Collective Investment Options

Construction (housing and savings) cooperatives.

Voluntary association of investors for the purpose of building residential buildings. Today, they emerge in place of bankrupt developers and take over from them all rights to complete construction. A cooperative can have the status of an independent developer or a participant in shared construction. Members of the cooperative are required to make share contributions.

The formation of cooperatives is rather a forced measure. Allows minority investors to speak to the developer from a position of strength. If circumstances are favorable, such an intermediary between the investor and the developer is not needed.

Real estate mutual funds and private equity funds.

Suitable for those investors who want to diversify their risks and assemble a portfolio of investments at the expense of profitability.

Real estate mutual funds are formed primarily of a closed type and for a long term (due to the nature of the investment). You can invest money only at the initial stage life cycle fund. Funds form a whole hierarchy of participants around themselves: Management Company, construction company, realtor, auditor, appraiser, registrar company, depository company, investors-shareholders.

The fund protects the rights of the investor, controls the targeted expenditure of funds, the progress of construction, and ensures legal support etc.

Advantages: availability, reliability, absence organizational problems(they will do everything for you), low entry threshold (from 2 to 4 thousand dollars, which is only slightly higher than open-end funds).

Flaws: low profitability, long payback period and annual commission to fund managers as a percentage of the amount of the investor’s shares.

Select a developer

Before investing money in shared construction, approach the choice of developer with all responsibility. In the first half of 2016 alone, about 1,600 people became bankrupt construction companies.

1. Check reputation and time in market. Attention. Many companies often register new entity for building a house. In this case, find out who exactly is its founder.
2. Read depositor reviews.
3. Check the number of objects put into operation.
4. Count the total number of investors.
5. Find out the developer's specialization by type of property. Check to see if you have experience in complex development.
6. Be sure to check financial partners developer. Serious banks and Insurance companies will not deal with scammers.
7. Check the availability of a complete package of permits in accordance with 214-FZ. To this list in mandatory must include: planning permission, project documentation, lease agreement or ownership of land plot, state registration and constituent papers.

Examples of reliable developers in Moscow: A101 Development, PIK Group, Capital Group.

Study the construction investment project

It includes the following documents:

• feasibility study of investments in construction;
• business plan;
• project documentation.

Study the terms of the agreement

Secondly, be sure to involve an independent lawyer. The additional costs will pay off because they are not so significant compared to the size of the investment. Special attention Please note the following clauses of the contract:

1. Contract currency (rubles, dollars, euros, conventional units). Conversion rates. Assess who bears the currency risks.
2. Price square meter and the object as a whole. Is it rigidly fixed or can it be changed depending on a number of conditions?
3. Size down payment. Payment schedule.
4. Date of commissioning of the facility.
5. Conditions and terms for obtaining title documents.
6. Conditions of risk insurance.
7. Conditions for termination of the contract.
8. Penalties.
9. Force majeure circumstances.

Determine how to exit the project

Think about how to exit the project in advance.

Resale of objects after construction can bring good income in the shortest possible time. The average return on investment in the construction of a residential building is comparable to the high-yield securities market. So, when selling an apartment in a stable market, you can earn 30% in 2 years. If market conditions are favorable, this figure can rise to 100% or more. Main advantages: minimal payback period, opportunity to reinvest earned money.

1. Resale without repair.
2. Resale with renovation. Traditionally, it increases the cost of housing by 20–30%.

Renting is the ideal source passive income. The payback period increases noticeably, but the net discounted cash income with a long service life, it can exceed sales income.

1. Renting residential real estate for short periods (hourly, daily, weekly payment). High yield annuity. Risks of damage to the object. Constant investor attention and solving organizational problems are required.
2. Renting residential real estate on long terms(monthly payment). Low income annuity. No risks or organizational problems.
3. Rental non-residential premises target tenant. Most often used in the case of targeted industrial and small commercial facilities.
4. Renting non-residential premises in parts to several tenants. The most profitable and safe way to exit for large commercial properties. Tenant diversification dramatically reduces risks, and demand, as a rule, always exists.

Each of these methods has its own advantages and disadvantages. Arm yourself with a financial calculator and prepare your own calculation of the profitability and payback of the project for the investor. And don't forget about taxes.

Let's sum it up

Investment construction is an excellent and relatively safe way to make money. It contains a number of advantages:

1. High profitability.
2. Good liquidity of investment objects.
3. An acceptable payback period for such a significant amount of investment.
4. Reliability. The property remains the property of the investor. It can be sold, used as collateral, etc. In a stable market, even selling at a price below the market price will cover all losses.
5. Not so much price volatility (compared to, for example, stocks).
6. Large selection of objects in major cities.
7. Multiple options for exiting the project.

Unfortunately, like any other method of investment, attracting investment in construction has its drawbacks:

1. Risk of falling prices. Strong dependence of demand on economic situation in the region and country. Protracted economic crisis can reduce the price of objects by 30–40%. Advice: Keep an eye on the market and choose the right time to invest.
2. Risk of fraud: shell companies, construction as a distraction and selling “air”, selling the same share several times. Advice: check the legality of the developer in the official register of construction companies. Attention. Fraudsters often work together with a legal structure that covers them. Advice: get your lawyer involved.
3. Bankruptcy of the developer due to unprofessional management, lack of financing, misuse of funds. Advice: choose a developer who is reliable according to all criteria.
4. The construction deadlines may be missed. This leads to direct and indirect losses. The object may lose its competitive advantages(if another house is built nearby, the return on investment will drop by tens of percent). Advice: provide for penalties in the contract for violation of deadlines.
5. During the construction process, the technical parameters and quality of the object (for example, layout) may be violated, up to the refusal of the state commission to put the house into operation. Advice: study carefully investment plan construction, if possible, monitor the progress of work.
6. During the construction process, costs and cost per square meter increase significantly. Advice: carefully study the contract for the methodology for calculating the final price.
7. Risk of object loss ( natural disasters, military actions, industrial disasters, fires). Advice: be sure to be insured.

Follow these rules and your investment will be capital construction will be safe.

Useful videos

Transfer: Honest House. Investments in construction. Guest: Yuri Nemanezhin, Managing Partner of GravionGroup, member of the board of the Association of Developers of the Moscow Region

How to invest money profitably and safely in the purchase of real estate in a new building. What to look for and what to avoid when investing. How and where to buy so as not to be deceived.

Behind last years lending to housing construction, including those involving concessional loans, has decreased significantly. Today we need to count not only on support from the state, but also on our own strengths, taking into account the possibilities in each specific situation.

For solutions housing issue JSC " ASB Belarusbank» offers a construction savings system: any client has the opportunity to choose the most convenient savings plan and independently determine the timing, as well as the amount of investment in the construction or purchase of housing. Through disciplined saving and borrowing against favorable interest rate, even families with quite modest income They may well realize the dream of owning their own square meters.

For more than 10 years, an active part of the population of the Republic of Belarus has been successfully using the proposed service. The construction savings system is so convenient, flexible and controllable that it allows you to change the conditions during the accumulation process: at the beginning, middle and end of the savings stage.

HOW DOES THE CONSTRUCTION SAVINGS SYSTEM WORK?

The essence of the system is quite simple, it consists of 2 stages: accumulating 25% of the cost of housing with your own funds and directly lending the remaining 75% of the cost of housing.

Initially, the client is legally capable individual who wants to build housing places money on a “Housing and Savings” deposit in a bank. The annual interest is equal to the NBRB refinancing rate (as of April 1, 2017 - 15% per annum). Expense transactions for this deposit are provided only in the form of non-cash transfers for the construction or purchase of housing, as well as the purchase of housing bonds.

The term for placing funds in the bank is agreed upon in advance: 3 options for a savings plan are offered, with different terms for depositing and saving funds.

FAQ

1. Is it necessary to register as those in need of improvement? living conditions to become a participant in the construction savings system?

Not necessary. The service can be used by both persons who need to improve their living conditions and those who do not need to improve their living conditions. Persons entitled to preferential lending, can use the construction savings system to pay for the “extra” square meters.

2. Can System participants allocate money only for housing construction?

No. Accumulated and loan funds can be used not only for housing construction, but also for the purchase of housing, including on the secondary market, as well as for the purchase of housing bonds.

3. How to get a loan as quickly as possible?

In order to obtain a loan in 19 months (minimum possible deadline savings stage), the amount of the initial contribution to the deposit account must be in the amount of the savings amount (25% of the cost of housing) or on the day of opening the account, the amount of the initial contribution is 50% of the declared amount, the remainder is paid within 1 month from the date of opening the account .

4. If there is no need for a loan, can the right to receive a loan be transferred to another person?

Can. Having accumulated funds, you can transfer your right to receive a loan to another person who is a family member or close relative of a participant in the construction savings system.

5. Under what conditions can the Housing and Savings Deposit agreement be terminated?

If the contract is terminated or a cash debit transaction is made on the deposit, the participant leaves the System. If the deposit was kept for less than 19 months, then income is paid at a reduced interest rate applicable to demand deposits. If the funds were kept for 19 months or more, then interest is not recalculated at a reduced interest rate.

6. Is a commission charged when transferring funds to the developer’s account from the “Housing and Savings” deposit?

Transfers of funds in Belarusian rubles from housing savings deposits in the construction savings system of OJSC "JSSB Belarusbank" are carried out as part of a comprehensive service WITHOUT charging a fee.

7. Is it possible to purchase 2 apartments using one construction savings system?

No. Within the framework of one housing savings agreement, a participant can build (purchase) only one residential premises.

8. Is it possible to purchase residential premises from relatives using a loan under the construction savings system?

No. Loans are not issued for the purchase of residential premises from relatives (spouse, children, parents, siblings).

Housing savings deposit Belarusbank involves opening a deposit account in order to accumulate funds for the purchase of housing, as well as obtaining credit funds in case of shortage own funds to complete the purchase procedure.

What savings plans exist, what advantages does a deposit account have, what conditions does a housing savings deposit have in Belarusbank - more details later in the article.

Conditions of the savings and payment period

From 07/01/06 branches of Belarusbank started taking cash into deposits based on the Construction Savings System.

The construction savings system involves opening a deposit account in a bank by a person who wants to build housing.

The savings stage is the period of placement of funds, the calculation of interest and other nuances associated with the deposit. Upon expiration savings, the client can pay for the purchase of housing using accumulated funds – this process has a name payment stage. Next, when the client's funds run out, he can take advantage bank loan for further housing construction.

Schematic representation of the Belarusbank Construction Savings System

Conditions for participants in the Belarusbank construction savings system following:

1. Citizen of Belarus/foreigner/stateless person.
2. Registration on the territory of Belarus.
3. A contractual agreement regarding housing savings must be concluded.

Deposit account on terms of urgent revocability bank deposit Housing and Accumulation Center opens based on a housing savings agreement.

Participant independently:

• Selects savings plan.
• Determined with the amount, which will accumulate until the end of the replenishment period.
• Determined with period term saving.

Based on the amount of the amount, a savings schedule is prepared based on the savings period in equal monthly payments, which begins from the date of making the initial deposit.

Important! It is not necessary to follow the prepared schedule; it is recommended for the purpose of optimal accumulation of the specified amount.

Please note what may affect your disenrollment from the program

If the participant wishes reduce the amount which he stated, then it is necessary to write a statement, which will then be considered by the head of the branch (OPERU Head Office, Center banking services Belarusbank). The following is add. agreement to the contract housing savings and are installed new dates for the period saving.

You can change your savings plan in the same way.. Transition only can be done provided— the storage period for the Housing and Savings Deposit has expired and not more the basic savings period of the desired savings plan.

More information about the Bank's Construction Savings System can be found here.

Saving plans for housing savings deposit in 2019

The accumulation plans for the Housing and Savings deposit of Belarusbank are as follows:

Plan No.	First	Second	Third
Replenishment period (based on agreement)	Not less than 19 months. – no more than 36 months.	Not less than 31 months. – no more than 60 months.	Not less than 43 months. – no more than 84 months.
Savings period (base), years	Three	Five	Seven
Replenishment period taking into account the contract, months.
Minimum possible	19	31	43
Maximum possible	55	91	127
*The terms are taken into account from the day when the contractual agreement for housing savings was concluded
Average shelf life norm, months.	18 and a half	30 and a half	42 and a half

Useful video:

Terms of housing and savings deposit of Belarusbank in 2019

The housing savings deposit implies the following conditions:

• The deposit is opened in national currency(in Belarusian rubles).
• An initial fee may be entered both in cash and non-cash.
• Forbidden discovery of another person's data.
• Deposit account replenishment is acceptable until the end of the period specified in the contractual agreement.
• Interest payment for housing savings deposits are carried out from the day when the contract was concluded until the day of its expiration.
• % housing savings deposit rate equal to the refinancing rate National Bank of the Republic of Belarus (from February 14, 2018 – 10.5%).
• Capitalization is carried out:

1. When closing a deposit.
2. When making the first expense on the deposit account.
3. At the end of the calendar year.
4. During the period of 139 months.(the end date of the monthly storage of funds until the day when the deposit will be spent).
5. At the end of 139 months.(end date of the calendar year).

• Expiration date is the date that coincides with the date and month of concluding the contractual agreement on housing savings.

You can familiarize yourself with the conditions of other deposits in Belarusian rubles.

Belarusbank deposit calculator

Deposit amount

Interest rate (%)

Cash register banking organization and etc.)

Capitalization of interest that has been accrued.

More details about capitalization

Conclusion

mutually beneficial for the borrower and the banking organization. The latter, before the start of construction, has the opportunity to benefit from the deposited funds of the client, who gains confidence in receiving a future loan and its favorable conditions when placing funds in the form of a deposit in a bank.

The housing and savings deposit of Belarusbank is great opportunity accumulate funds for the purpose of purchasing real estate.

The terms of the deposit allow both any citizen of Belarus and a stateless person to conclude an agreement, but only subject to registration on the territory of the republic.