Is this kind of safe deposit in Minsheng Bank reliable? Is it risky? When you see it says principal and interest guaranteed, it means that you will not lose money no matter what, at least your princip

Is this kind of safe deposit in Minsheng Bank reliable? Is it risky? When you see it says principal and interest guaranteed, it means that you will not lose money no matter what, at least your principal will not be lost?

Introduction to the safe deposit business:

"Safe deposit" is a special RMB time deposit product provided by our bank to customers. Interest is paid to customers on a monthly basis based on the agreed deposit period and agreed interest rate of the product. . Included in deposit insurance, principal and interest are guaranteed.

1. Minimum deposit amount: RMB 10,000. There is no requirement for the incremental purchase amount, and it can be accurate to the nearest cent.

2. The deposit period is divided into: one year, two years, three years and five years;

3. Expiration processing method: The signing certificate is the "safe deposit" of the debit card. "After maturity, the principal and interest will be transferred to the contracted account in two installments, and the "Safe Deposit" account will be automatically closed. Customers with "Safe Deposit" whose signing certificate is a deposit receipt need to bring the deposit receipt to our branch to cancel their account.

Warm reminder:

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Starting from January 10, 2020, for newly opened deposit accounts, the principal of early withdrawal or account cancellation will be based on The actual deposit period is calculated based on the current interest rate listed by our bank on the date of withdrawal. Existing customers will not be affected for the time being.

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For branch special products, please refer to the branch information.