The deposit with Progressive interest rate can be formed in lei or euro for a period of 6 or 12 months.

The interest rates are progressively increasing in each month until the maturity and are defined before the deposit’s formation. Each month the interest will be transferred in your current account, so you can get this amount even before the maturity of the deposit.

At the deposit maturity date (6 or 12 months) the money, according to the client’s indications, will be transferred automatically in the current account or the deposit will be renewed on the same period.

The deposit with progressive interest rate means additional benefits:

• if you need urgent money and should liquidate the deposit before the maturity date, you do not lose the monthly accumulated interest;
• 0% cash withdrawal commission at the maturity of the deposit;
• benefit from the accumulated interest before the maturity;
• the current account opening and administration is free of charge;
• benefit from competitive interest rates on the market.

Characteristics	Description
Currency	RON, EUR
Interest rate	Progressively increases each month
Maturity	6 months, 12 months
Minimum amount for opening	1.000 RON / 500 EUR
Maturity options	automatic renewal of deposit - the deposit will be automatically extended by the bank for an equal number of months with the initial option automatic deposit liquidation - the bank is transferring your deposit amount in your current account.

OTP Bank Romania S.A. participates at Deposit guarantee Fund in the Banking System and starting with 30.12.2010 the guaranteed limit for deposits was increased by the Fund up to EUR. 100.000, equivalent in lei for each single owner of the account. The definition of deposit means: certificate of deposit, term deposit, curent account, Junior account and savings account.