The deposit period of education savings is divided into one year, three years and six years. Education savings refers to the special savings that individuals open accounts in designated banks and deposit a certain amount of funds for educational purposes according to the relevant provisions of the state. It is a special savings for students to pay the education funds needed for non-compulsory education. Education savings are registered in real-name registration system. When opening an account, the depositor should hold his/her (student's) household registration book or ID card and go to the bank to open a deposit account in his/her own name. At maturity, the depositor needs to withdraw the principal and interest in one lump sum with the passbook and relevant certificates.

deposit rate

1, one-year and three-year education savings shall bear interest according to the interest rate of lump-sum and lump-sum time savings deposits of the same grade at the same period of account opening date; The six-year term shall bear interest at the five-year lump-sum deposit rate on the account opening date. The general interest rates are: 1 year 3.25%, 3-year 5.0% and 6-year 5.5%.

2. In case of interest rate adjustment during the deposit period, the education savings will still bear interest at the interest rate on the account opening date.

Starting amount

Education savings are deposited in 50 yuan, with a maximum principal of 20,000 yuan per household.

selling point

Tax preference, according to the relevant national policies and regulations, the interest income of education savings can enjoy tax exemption with relevant certificates.