How to check the deposit interest on China Industrial and Commercial Bank's mobile phone?

you can edit the short message "English abbreviation of CXLL# currency" and send it to 95588 to check the deposit interest rate. For example: CXLL#RMB.

You can also send the content in the above format for inquiry after WeChat pays attention to "Electronic Banking of Industrial and Commercial Bank of China".

the interest rate of time deposit refers to the rate of return paid by the bank to the depositor for the amount of time deposit in the form of time deposit.

a time deposit is a deposit in which both 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 the shortest deposit period of 3 months and the longest deposit period of 5 years, large choice and stable interest income.

time deposit refers to a form of savings in which depositors deposit cash in a time deposit account opened by a banking institution, and agree in advance to take a fixed term as the deposit time, and get a return at an interest higher than that of the current deposit, after which they can receive the principal and interest.

time deposit is the money or currency that depositors temporarily transfer the right to use to banks under the condition of retaining ownership, and it is the most important source of credit funds for banks.

The interest rate of bank deposits is not adjusted every year, and the adjustment is made by the state at any time according to the economic operation. The interest rate of time deposits of all banks in China, such as Industrial and Commercial Bank of China, China Construction Bank, China Bank, Agricultural Bank and Bank of Communications, is the same, which is uniformly stipulated by the People's Bank of China.

The interest rate is the basis for calculating the interest amount, and it is an important lever for mediating economic development. For the borrowers of funds, it means the amount of income.

interest rates generally have three forms: annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a percentage of the principal, which is called "fen" in China; The monthly interest rate is expressed as a few thousandths of the principal, which is called "Li" in China; The daily interest rate is expressed as a few ten thousandths of the principal, which is called "milli" in China.

deposits can be classified in many ways, such as original deposits and derivative deposits according to the mode of production, current deposits and fixed deposits according to the term, and corporate deposits and personal deposits according to the different depositors (taking China as an example). Personal deposit, that is, residents' savings deposit, is the currency deposited by individual residents in the bank.

interest rate is divided into simple interest rate and compound interest rate:

interest I=P*i*n, where I stands for interest, I stands for interest rate, and n stands for years of deposit. Our country adopts the simple interest calculation method.

① simple interest method

Interest = principal × interest rate× term.

② compound interest method

(used to calculate interest during automatic rollover)

F=P×(1+i)N (power)

F: compound interest final value.

P: principal.

i: interest rate.

N: an integer multiple of the interest rate acquisition time.