Educational savings deposits are divided into three grades: 1 year, 3 years and 6 years, and interest rate concessions are implemented on the basis of the principle of saving. The interest rate of each grade is: one year, and the interest is calculated according to the one-year lump-sum fixed deposit interest rate on the account opening date; For the three-year term, the interest will be calculated according to the three-year lump-sum time deposit rate 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. If you can provide "proof" when you withdraw at maturity, you will bear interest according to the actual deposit period and the preferential interest rate of the corresponding grade, and you will be exempted from interest income tax on education savings deposits; If the "certificate" cannot be provided, the interest shall be calculated according to the actual deposit period and the deposit rate of the same grade listed on the account opening date. At the same time, deposit interest income tax will be levied according to relevant regulations, and the applicable interest-bearing method is product interest-bearing method.