How to calculate the interest on unexpired withdrawals of fixed deposits?

At present, with the acceleration of the process of interest rate liberalization, although the central bank.

Benchmark interest rate on deposits since 2015.

It has not been adjusted again, but the banks have been making periodic adjustments to the bank's listed interest rates. Although it has not reached the level of a sharp increase in all banks, the overall trend of deposit interest rates is gradually rising! Bank deposits in 2020.

The interest rate will be raised again, and the interest rate will be as high as 5,000 yuan per year!

If the fixed deposit is withdrawn before maturity, it will be treated as a demand deposit.

Although the interest rate of demand deposits will change with the change of the bank's benchmark interest rate, the interest rate of demand deposits is only the interest rate of time deposits.

Therefore, there are generally no special circumstances, and it is very uneconomical to withdraw time deposits in advance, which is why time deposits have been criticized for their poor liquidity.

Although the fixed deposit interest rate does not change, the mortgage interest rate.

It will still change with the change in the bank rate. This is mainly due to the fact that the amount involved in the mortgage is relatively large, and the term of the mortgage is generally longer, if it does not change, there is a greater risk for the bank, so the bank interest rate will be raised, and the mortgage interest rate will follow the change.

If you transfer money into (the product sets a threshold of 5,000 yuan), it is equivalent to depositing a 5-year fixed deposit with the bank, but compared with the previous fixed term, this fixed term is deposited and withdrawn at any time, and the interest is calculated by the file. Third, according to the bank deposit method of calculating interest, in fact, only if you have been deposited for more than 3 years, you can get a higher return, such as the above-mentioned innovative deposit, which has been deposited for 3 years and has an annual interest rate.

That's it. Save for more than 3 years, although the highest annual interest rate you can get (the lowest, but there is also a premise, and this is also where the tricks are played!) The specific premise is that it has been stored for 5 years and the number of people participating in the group reaches more than 9,999.

With the increase in investment products, it is an inevitable trend to divert bank deposits, and banks want to maintain the existing deposit scale and not lose or control the rate of loss, it is not possible to wait blindly, and some countermeasures must be made.

In this case, it will be calculated according to the current interest, because the fixed deposit has not yet matured, so if you withdraw it in advance, it will be calculated according to the current interest.

In the case of a lump sum deposit and lump sum time deposit of Ping An Bank, the interest on the unexpired early withdrawal shall be calculated according to the listed interest rate of Ping An Bank's current deposit on the day of withdrawal.

That is, it is calculated according to the current interest, and early withdrawal is equivalent to automatically giving up the regular interest.

At this time, it can only be calculated according to the interest of the current account, which is generally less.

If the fixed deposit is not mature, part of the deposit should be withdrawn, and the withdrawn part will be calculated according to the current interest, and the remaining part will still be calculated according to the regular interest, as follows:

When withdrawing money, you need to bring your ID card to the counter to handle it, and you need to fill in the application form, and you need to sign for confirmation. If it is a partial withdrawal in advance, that is, if you take a part of it and do not withdraw it completely, you also need to confirm the amount of partial withdrawal.

When withdrawing money, the interest on the withdrawal that is not due is calculated according to the current interest, not the regular interest. For example, the fixed interest rate is 275 yuan for 10,000 yuan a year, and the current interest rate is 35 yuan for 10,000 a year; If the $10,000 is withdrawn at maturity, the interest will be calculated at the interest rate. The remainder is still calculated at regular interest.

There is a change in interest, but not in principal.

If the fixed deposit is withdrawn in advance before it matures, according to the regulations, the interest on the amount withdrawn in advance is calculated according to the listed interest rate of the bank demand deposit on the day of withdrawal, and the interest is still calculated according to the interest rate of the fixed deposit for the remaining amount that has not been withdrawn. It should be noted that if the amount of time deposit withdrawn in advance is greater than 50,000 yuan, you need to make an appointment with the bank in advance.

There are three main types of calculations:

1.The full amount shall be withdrawn at maturity, and the principal and interest shall be settled at one time according to the prescribed interest rate;

2.If the full amount is withdrawn in advance, the bank will pay interest according to the current deposit interest rate announced on the date of withdrawal;

3.If the remaining time deposit is not less than the initial deposit amount, interest will be calculated and paid on the withdrawn part according to the current deposit interest rate announced on the date of withdrawal.

Further information] Fixed deposit refers to the depositor's temporary transfer of the right to use the funds or currency to the bank under the condition that the depositor retains ownership. It is the most important source of credit funds for banks. A fixed deposit is a deposit in which the bank and the depositor agree on the term and interest rate in advance at the time of deposit, and withdraw the principal and interest after maturity.

It has the characteristics of a minimum deposit period of 3 months and a maximum of 5 years, a large margin of choice and a relatively stable interest income. Time deposits have strong stability, low operating costs, and the reserve ratio held by commercial banks for this purpose is correspondingly low, so the capital utilization rate of time deposits is often higher than that of demand deposits. Fixed deposits can only be opened by businesses.

Cash and current savings deposits can be directly applied for fixed savings deposits, and the minimum deposit amount for regular account opening is 50 yuan, and there is no limit to more deposits. The deposit period is 3 months, 6 months, 1 year, 2 years, 3 years, and 5 years. You can withdraw part of the deposit in advance once, and when the deposit expires, you can withdraw the principal and interest with the certificate of deposit, or you can automatically transfer it multiple times according to the original deposit period.

Interest shall be calculated and paid according to the deposit interest rate on the date of opening the certificate of deposit for withdrawal at maturity, and interest shall be calculated according to the interest rate of the current savings deposit on the date of withdrawal for early withdrawal. You can apply for a small pledge loan with your own fixed deposit certificate. For unexpired fixed savings deposits, depositors must present the certificate of deposit and the depositor's identity certificate for early withdrawal; If the withdrawal is made on behalf of the depositor, the withdrawer must also hold his identity certificate, and the interest rate shall be calculated and paid according to the current savings deposit interest rate announced on the withdrawal date, and the withdrawer shall also sign the name of the withdrawer on the payment voucher.

If the full amount is withdrawn in advance, the interest will be calculated according to the interest rate of the current deposit listed on the day.

If it is partially withdrawn in advance, the interest will be calculated according to the interest rate of the current deposit listed on the day, and the interest will be calculated at the original interest rate for the remaining part.

In general, the loss of interest is relatively large if the dead deposit is not withdrawn at maturity, so it is recommended not to take out the dead date of the bank easily.

Further information: Time deposit refers to a form of savings in which the depositor deposits cash into a fixed savings account opened by a banking institution, agrees in advance to save for a fixed period of time, and receives a return at an interest higher than that of the current deposit, and can receive the principal and interest after the maturity.

A fixed deposit is the money or currency that the depositor temporarily transfers the right to use to the bank under the condition that the depositor retains ownership, and is the most important source of credit funds for the bank.

If the depositor withdraws the fixed deposit before the agreed savings period, the bank will usually handle the transaction in the form of a demand deposit. Depositors are often required to notify the bank one day in advance to request an appointment for withdrawal before they need to withdraw a large amount of deposit, in case the bank has enough cash to make the payment.

The interest rate on bank deposits is not adjusted every year, but is made by the state at any time according to the operating conditions of the economy, and the interest rates on fixed deposits of all banks in China, such as the Industrial and Commercial Bank of China, the Construction Bank, the Bank of China, the Agricultural Bank of China, and the Bank of Communications, are the same, and this is uniformly set by the People's Bank of China.

Interest rates are divided into simple interest and compound interest rates:

Interest i=p*i*n, where i represents interest, i represents interest rate, and n represents the number of years of deposit. China uses the simple interest calculation method.

Simple Interest Method: Interest = Principal Interest Rate Term.

Compound interest method (used to calculate interest on automatic rollover): f=p (1+i)n (power).

f: Compound interest terminal value. p: Principal. i: Interest rate. n: an integer multiple of the time the interest rate was obtained.

The interest rate is the basis for calculating the amount of interest, and it is an important lever to mediate economic development.

Interest rates generally have three forms: annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a few percent of the principal amount and is called in China"points";The monthly interest rate is expressed in thousandths of the principal amount and is called in China"PCT";The daily interest rate is expressed in a few ten-thousandths of the principal amount and is called in China"milli"。

Deposits can be classified in a variety of ways, such as original deposits and derivative deposits according to the mode of generation, demand deposits and time deposits according to the maturity, and unit deposits and individual deposits according to the different depositors (taking China as an example). Personal deposits, i.e., resident savings deposits, are the currencies deposited by individual residents in banks.

Currently, the interest rate on demand deposits is about: If the deposit is not withdrawn when it expires, it will have little impact on the user. Users can continue to deposit after maturity, and the deposit interest rate is calculated according to the prevailing deposit rate.

A fixed deposit is an investment in which the bank and the depositor agree on the term and interest rate in advance, and withdraw the principal and interest after maturity. Fixed deposits are principal-guaranteed, income-guaranteed, or principal-protected, and the investment starting point is relatively low (generally starting from 50 yuan). There is no agreement on the automatic rollover of fixed deposits.

If the fixed deposit is not withdrawn after maturity, the principal and interest will be combined into a new principal and converted into a demand deposit. In this case, the investor's deposit will receive interest at the current deposit rate. When a fixed deposit matures, the principal and interest will be combined into a new principal and automatically transferred to the next term.

<> at the same time, it should be noted that for those fixed deposits, investors can withdraw them in advance. If the investor withdraws early, the interest will be calculated according to the bank's current deposit rate on the date of withdrawal, which will result in a significant loss of interest income. Generally, time deposits are divided into lump sum deposits, small lump sum deposits, lump sum deposits, principal and interest withdrawals, fixed optional deposits, call deposits, education deposits, certificates of deposit, etc.

Different types, the corresponding annual interest rate is also different, and the interest is naturally different.

With the exception of the first type, the latter are relatively foreign to the average person. Using the first type of lump sum deposit and lump sum withdrawal as an example, the master explained how the interest on a fixed deposit is calculated. Banks have a basic agreement on fixed deposits:

Whether or not to automatically roll over at maturity is basically the same for all banks. For ordinary time deposits, the bank will automatically roll over the deposit for you by default. If you do not withdraw the time deposit at maturity, the bank will automatically roll over the fixed deposit of the same tenor and calculate the interest at the fixed interest rate listed on the date of replacement.

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If you don't withdraw it after maturity, then the fixed deposit will automatically be converted into a demand deposit, and then the interest will start to be calculated, probably.

If you don't take interest, the interest will be calculated at the current interest rate together with the deposit, because the interest belongs to the principal, so it belongs to the demand deposit.

Generally speaking, the interest rate of fixed deposits is still very large, and if the interest is not withdrawn, it will continue to be stored for a fixed period together with the principal.

Time deposit. If you do not withdraw it at maturity, the bank will automatically roll over the deposit, that is, it will automatically roll over another year according to your original deposit period.

If you withdraw early before the second deposit period expires, the interest will be calculated regularly in the first year.

The number of days deposited in the second deposit period is calculated according to the current account.

If you deposit $10,000 for a one-year fixed deposit, the bank will automatically settle the interest at an annual interest rate on the maturity date.

Calculate the sail such as, the interest that can be obtained:

10000 = RMB).

If the bank does not automatically roll over at maturity, the principal becomes: 10,000 + 175 = 10,175 yuan.

After 6 months of maturity, because there is no maturity withdrawal, the interest will be calculated according to the current account, and the current interest rate will be calculated according to: .

The interest for these 6 months is: 10175 = RMB).

Total interest: 175 + = RMB).

Total principal and interest: RMB.

The deposit is fixed and transferred to about one year, and one month after the expiration of one year to withdraw, but two months later to deposit again, how to calculate the interest for about this year.

According to what you say, it should be a one-year fixed deposit and a one-month current account when the first month is withdrawn, and the deposit rate at the time will be based on two months later.

Calculate, if you deposit a fixed period, it is a regular interest, and it is a demand interest!

If you do not set the "Auto Transfer" option on the date of deposit, the interest on the expired part will be calculated as the current account after the maturity of the original time deposit, and the interest on the first time deposit will still be calculated according to the annual interest rate of the lump sum time deposit listed on the deposit date.

If the automatic transfer is checked on the deposit date, after the maturity of the original fixed deposit, the principal plus interest of the expired part will be automatically transferred to the new lump sum deposit and withdrawal time deposit with the same deposit period, and the interest will be calculated according to the annual interest rate of the listed lump sum deposit and lump sum time deposit on the maturity date of the first lump sum time deposit, and the interest in the first time deposit will still be calculated according to the annual interest rate of the lump sum fixed deposit listed on the deposit date.

Approximately the interest of the year: If the interest is not adjusted after the start of the rollover, then it will be calculated according to the original interest, if the interest is adjusted before the rollover, then the new interest will be calculated after the start of the rollover!

Yes, but the interest will be calculated on a current basis.

Fixed deposits are not withdrawn at maturity, as specified below:

Problems after the maturity of the fixed deposit: if the automatic rollover is agreed, it is considered a fixed term, and if it is not agreed, it is a current term. When a fixed deposit matures, the depositor must bring along the passbook.

or a deposit slip. Go to the bank counter to cash out or transfer the deposit.

When the customer's lump sum deposit and lump sum time deposit expires, the bank will automatically accrue the interest on the deposit that the customer has not withdrawn and withhold the interest tax, and then automatically transfer the original deposit principal together with the after-tax interest to the time deposit of the same type and grade according to the interest rate on the maturity date.