Educational savings deposit
Education savings is a fixed-term savings deposit with zero deposit and lump sum withdrawal. The term of deposit is divided into one year, three years and six years. The minimum deposit amount is 50 yuan, and the maximum principal amount is 20,000 yuan. When opening an account, the depositor and the financial institution agree to pay the monthly fixed deposit in installments. If there are omissions in the accounts, they should be made up next month. If there is no supplement, it shall be handled in accordance with the relevant provisions of installment time deposits.
At the time of maturity, the principal and interest will be withdrawn in one lump sum with the passbook and the identity certificate of the students who are receiving non-compulsory education provided by the school. After the financial institution pays the principal and interest of the deposit, it shall affix the seal of "having enjoyed the education savings discount" on the original voucher, and each voucher shall only enjoy one discount.
1. How to open an account for education savings? Who to open an account with?
When opening an account, you should use the depositor's (student's) household registration book or resident ID card to open a deposit account in the depositor's name. The financial institution shall register the name and number of the certificate according to the above-mentioned certificate provided by the depositor. The object of opening an account is students above grade four (including grade four) in primary school.
Second, how to choose the term of education savings?
Generally speaking, six-year education savings are suitable for students above grade four in primary school, three-year education savings are suitable for students above junior high school, and one-year education savings are suitable for students above grade two in high school. In this way, when accepting non-compulsory education savings (that is, after entering high school), you can enjoy preferential interest rates when the education savings expire and use the savings in time.
3. What are the preferential terms for education savings?
One-year and three-year education savings 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.
Depositors can enjoy preferential interest rates and be exempted from interest income tax on savings deposits by providing proof of student identity for receiving non-compulsory education savings.
4. How to calculate the interest when the education savings deposit is due, ahead of time, overdue and interest rate adjustment during the deposit period?
1. If the depositor can provide "proof" when the education savings are withdrawn at maturity, the interest shall be calculated and paid according to the actual deposit amount and actual deposit period. If depositors can't provide "proof", their education savings will not enjoy preferential treatment, that is, they will pay one-year and three-year interest according to the interest rate of fixed savings deposits of the same grade at the same period on the account opening date; Interest is calculated and paid for the six-year term according to the interest rate of five-year fixed savings deposit on the account opening date. At the same time, interest income tax on savings deposits should be levied according to relevant regulations.
2. Early withdrawal of education savings must be paid in full. When withdrawing in advance, if the depositor can provide "proof", the interest shall be calculated and paid according to the actual deposit period and the interest rate of lump-sum fixed-term savings deposits of the same grade in the same period as the account opening date, and the interest income tax on savings deposits shall be exempted; If the depositor fails to provide the Certificate, the interest shall be calculated and paid according to the current savings deposit interest rate on the actual deposit period and withdrawal date, and the income tax on savings deposit interest shall be levied according to relevant regulations.
3 overdue withdrawal of education savings. For withdrawal at maturity, interest shall be paid according to the provisions on withdrawal at maturity of education savings (refer to 1). For the part that exceeds the original deposit term (overdue part), interest shall be calculated and paid according to the interest rate of current savings deposits on the withdrawal date, and income tax on interest of savings deposits shall be levied according to relevant regulations.
4. In case of interest rate adjustment during the deposit period, the education savings will still bear interest according to the interest rate on the account opening date.
5. How to collect education savings in different places?
If you apply for education savings in different places due to account transfer, you must apply after the deposit expires. Require depositors to provide the entrusting bank with proof of transfer and proof of identity that they are receiving non-compulsory education. If you can't provide "proof", you won't enjoy preferential interest rate, and you should collect personal deposit interest income tax in accordance with relevant regulations.
Source: [China Industrial and Commercial Bank website]
China Industrial and Commercial Bank Education Savings. # # 1. Service Introduction
Education savings refers to the service of saving funds for receiving non-compulsory education, implementing preferential interest rates, depositing by installments and withdrawing principal and interest at maturity.
Second, the account opening object
The object of opening an account is students in the fourth grade (including the fourth grade) of primary school.
Three. Term and starting amount of deposit
The deposit period of education savings is divided into one year, three years and six years. Education savings are deposited in 50 yuan, with a maximum principal of 20,000 yuan per household.
Fourth, service characteristics.
1. Tax preference: According to the relevant national policies and regulations, the interest income of education savings can enjoy tax exemption with relevant certificates.
2. Every little makes a mickle: it is suitable for accumulating tuition fees for children and cultivating financial habits.
Verb (abbreviation of verb) deposit interest 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 in the same period on the account opening date; The six-year term shall bear interest at the five-year lump-sum deposit rate on the account opening date. In case of interest rate adjustment, interest will not be calculated by installments.
2. The customer shall deposit a fixed amount every month as agreed. If there is any omission in the middle, it will be filled up next month. If there is no replenishment, it shall be handled in accordance with the relevant provisions on lump-sum deposit and withdrawal of time deposits.
3. Early withdrawal, education savings must be fully withdrawn in advance. When withdrawing in advance, if the customer can provide "proof", the interest shall be calculated and paid according to the actual deposit term and the interest rate of lump-sum fixed-term savings deposits of the same grade in the same period as the account opening date, and the interest income tax on savings deposits shall be exempted; If the customer fails to provide the Certificate, the interest shall be calculated and paid according to the current savings deposit interest rate on the actual deposit period and withdrawal date, and the income tax on savings deposit interest shall be levied according to relevant regulations.
4. In case of overdue withdrawal, interest shall be calculated and paid according to the interest rate of current savings deposits on the withdrawal date, and income tax on interest of savings deposits shall be levied according to relevant regulations.
5. RMB education savings deposits use the product interest method to calculate interest.
Service channel of intransitive verbs
Opening an account and withdrawing money from an education savings account can only be handled at business outlets, and the renewal can be handled through online banking.
Seven, operation guide
1. Opening an account: When opening an account, you must show the customer's (student's) household registration book or resident ID card to the savings institution, and open a deposit account in the name of the customer (student). The financial institution will register the name and number of the certificate according to the above documents provided by the customer. The object of opening an account is students in the fourth grade (including the fourth grade) of primary school.
2. Deposit: When opening an account, the customer must agree with the bank on a fixed monthly deposit amount and deposit it in monthly installments. If there is any omission in the middle of the account, it should be filled in next month. If there is no replenishment, it shall be handled in accordance with the relevant provisions on lump-sum deposit and withdrawal of time deposits.
3. Withdrawal: When the withdrawal is due, the customer will withdraw the principal and interest in one lump sum with the passbook, ID card and household registration book (household registration certificate) and the identity certificate of the student who is receiving non-compulsory education provided by the school (printed by the tax bureau), and each "certificate" will only enjoy the interest tax concession once. If the customer can't provide "proof", his education savings will not enjoy preferential interest rate, that is, interest will be calculated and paid according to the interest rate of fixed savings deposits of the same grade at the same period on the account opening date, which is divided into one-year and three-year periods; Interest is calculated and paid for the six-year term according to the interest rate of five-year fixed savings deposit on the account opening date. At the same time, interest income tax on savings deposits should be levied according to relevant regulations.
4. Early withdrawal: Early withdrawal of education savings must be made in full. When withdrawing in advance, if the customer can provide "proof", the interest shall be calculated and paid according to the actual deposit term and the interest rate of lump-sum fixed-term savings deposits of the same grade in the same period as the account opening date, and the interest income tax on savings deposits shall be exempted; If the customer fails to provide the Certificate, the interest shall be calculated and paid according to the current savings deposit interest rate on the actual deposit period and withdrawal date, and the income tax on savings deposit interest shall be levied according to relevant regulations.
5. Overdue withdrawal: the part of education savings that exceeds the original deposit period (overdue part) shall be paid with interest according to the interest rate of current savings deposit on the withdrawal date.
Current annual interest rate:
3.50% for one year, 5.00% for three years and 5.50% for five years.
The key point is that in case of interest rate adjustment, interest will not be calculated in installments, please consider it.
What proof does ICBC need for education savings? Article 6 Before the expiration of education savings, depositors must present their bankbooks, household registration books (household registration certificates) or ID cards to their schools to issue identification certificates (hereinafter referred to as "certificates") for students who are receiving non-compulsory education. ? The model of "Certificate" is formulated by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), printed by the State Taxation Bureau of all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, and collected by the school from the local competent tax authorities. "Certificate" in triplicate (see annex for the style), with the first copy kept by the school; Second, triple by depositors in the withdrawal of principal and interest provided to savings institutions; Savings institutions should keep the second copy for future reference, and the third copy should be submitted to the competent tax authorities when reporting the withholding tax every month. ? When the depositor issues a "certificate" to his school, he should fill in his ID number in the "certificate"; If there is no resident ID number, three copies of my household registration book (household registration certificate) should be attached to the triple "certificate" respectively.
—— Excerpted from the Implementation Measures for Exempting Personal Income Tax from Interest Income of Educational Savings Deposits.
If the school doesn't have it and refuses to go to the tax bureau to get it, you can ask the school to give you a letter of introduction and go to the tax bureau to get it yourself, and then go back to school to go through the formalities.
China Industrial and Commercial Bank collects education savings in different places. Find a relatively large ICBC outlet in Tianjin, bring your ID card, household registration book and education savings passbook, and ask for it.
Detailed description of ICBC loan? A borrower applying for a personal loan shall meet the following conditions:
1. A natural person with full capacity for civil conduct, aged between 18 (inclusive) and 60 years old (exclusive). Foreigners and Hong Kong, Macao and Taiwan residents who are borrowers should have lived in People's Republic of China (PRC) for one year and have a fixed residence.
2. Have a valid identity certificate and proof of marital status.
3. Obtained a credit rating of D or above in China Industrial and Commercial Bank.
4. It has legal business qualifications and fixed business premises, and can provide legal business licenses (or business licenses for merchants, booths, industries, etc.). ) and the property right or contract lease certificate of the business premises.
5. Have the ability to repay the loan principal and interest in full and on time.
6. It has a good credit record and repayment willingness, and the borrower has no bad credit record in China Industrial and Commercial Bank and other known financial institutions.
7. In addition to credit, legal, effective and reliable loan guarantees recognized by China Industrial and Commercial Bank can be provided.
8. Open a personal settlement account in China Industrial and Commercial Bank.
9. Other conditions required by China Industrial and Commercial Bank.
amount of loan
The maximum amount of small loans for a single family is 500,000 yuan, of which the maximum amount of credit loans for a single family is 200,000 yuan.
deadline
The loan term is generally less than 6 months, and the longest is not more than 1 year, of which the longest term of credit loan is not more than 6 months.
loan rate
On the basis of the interest rate of loans of the same grade in the same period of the People's Bank of China, the interest rate of personal microfinance will rise appropriately according to the borrower's conditions.
Repayment method
Personal micro-loans can be repaid by monthly matching principal and interest, monthly repayment, weekly repayment, monthly repayment at maturity and "whatever you want" repayment.
Information to be submitted when applying for a loan
When a borrower applies for a personal small loan from a bank, it is required to fill in a written application form and submit the following materials:
1. Original and photocopy of valid identity documents and marital status certificates of the borrower and its spouse.
2 annual business license (or valid business license, booth license, industry license, etc.). ).
3. Proof materials reflecting the operating conditions and repayment ability of the borrower or its business entities.
4. In case of secured loan, information shall be provided in accordance with relevant regulations of China Industrial and Commercial Bank.
5. Other documents or materials required by China Industrial and Commercial Bank.
Operation guide
1. Customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;
2. Sign the contract. After the bank examines the application materials submitted by the borrower, the two parties sign a loan contract and a guarantee contract;
3. issue loans. For the loan approved by the bank, after all the formalities are completed, the bank will release the loan funds to the account designated by the borrower, and the borrower will independently pay it to the borrower's transaction object that meets the purpose agreed in the contract;
4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract; Within the repayment period agreed in the loan contract, the borrower may postpone 10 natural days on the basis of the agreed repayment date.
5. loan settlement. Loan settlement includes normal settlement and early settlement. ① Normal settlement: the loan shall be settled on the loan maturity date (one-time repayment of principal and interest) or the last installment (installment repayment); ② Early settlement: Before the loan expires, if the borrower settles the loan in advance, he must apply to the bank in advance according to the loan contract, and the bank will repay the loan at the designated accounting counter after it is approved.
What does ICBC mean by regular education savings? Savings with high interest rates are still fixed. The longer the deposit period, the higher the interest rate. Education savings are tax-free products. Now that the interest tax has been abolished, it has lost its advantage.
Which bank has better education savings? The deposit method and interest rate of education savings are the same in all banks, so if you need to handle it, just find a bank that is convenient for you. Good luck!
Is the income of education savings inferior to that of banks? Children's education can be said to be a family event. In order to avoid the misappropriation of children's education funds for family emergencies, it is necessary to apply for an appropriate education savings insurance for children as soon as possible. Isn't the income of education savings inferior to that of banks?
When you say education savings, you should mean education fund insurance. Generally speaking, the income of different education fund insurance is different, but generally speaking, the income of education fund insurance is similar to that of bank deposit, but it has a powerful protection function that bank deposit can't have, that is, while providing children's education fund, it also takes into account certain children's serious illness protection, so it is often the best measure for parents to save education fund for their children. Pay attention to the following points before insurance:
1, comprehensively consider the child's existing security system, first give him a complete critical illness security system, and then consider the education reserve.
2. The earlier the education fund is insured, the better. The earlier the insurance time, the more education funds will be accumulated, the less the annual payment will be, and the earlier the protection will be. When buying education fund insurance, we should pay attention to the additional premium exemption insurance. If the family's economic conditions are good, you can consider buying universal insurance as a supplement to your children's education.
3. Choose a professional insurance network platform like Hui Ze. Com, and then combined with the actual security needs and comprehensive comparison of various insurance related products, choose the most suitable children's insurance with both educational reserves and critical illness protection. To buy education insurance for children, I suggest that you must consider it comprehensively according to the risks faced by children themselves. Here, Huize. Com recommended that you can refer to: Sunshine Travel Education Fund Protection Plan (dividend-paying type): * Junior high school/senior high school/university education fund optional * Death fund * Unique high-risk diseases-minimum monthly fee for insurance disease protection 100 yuan. 1. The protection contents of the education fund protection plan for growing children: * growth care fund, maturity insurance fund, death insurance fund * special payment fund * exclusive premium exemption guarantee is the lowest.