VTB raises the interest rate on the 'Double Benefit' deposit to 26%.

      14 November 2025, 15:35 Economy. From 14 November VTB is improving the terms of the "Double Benefit" deposit, which is available to participants of the long-term savings program from JSC NPF VTB Pension Fund. The maximum rate has been increased to 26% per annum.

      Customers who have enrolled in the bank’s long-term savings program from JSC NPF VTB Pension Fund will be able to open the "Double Benefit" deposit with the highest return in the term deposit range of up to 26% per annum. The minimum deposit amount is from RUB 30,000; the maximum must not exceed the amount of the initial contribution to the LSP. The deposit can be opened at the bank’s offices for terms of 3, 6 or 12 months. The amount of the initial contribution to the LSP is also at least RUB 30,000.

      "November is the height of the 'savings season', when depositors can obtain the most favorable conditions for placing their funds. VTB has already raised rates on short-term deposits, and is now improving its long-term offer. Moreover, customers will receive a truly double benefit – the maximum interest rate on the deposit and additional benefits from the state: co-financing and a tax deduction," said Senior Vice President, Head of the Retail Business Products Department at VTB Alexey Okhorzin.

      The long-term savings program allows each participant to increase capital not only through personal contributions and investment income, but also through financial support from the state, which will amount to up to RUB 360,000 over ten years. Also, after 15 years of participation in the program it is possible to reclaim up to RUB 1,320,000 of one’s contributions under the long-term savings agreement in the form of a tax deduction, the amount of which depends on the tax rate. Today more than 1 million people have already joined the LSP in VTB Pension Fund, and more than 600,000 of them, who invested funds in 2024, received RUB 15.5 billion in state co-financing. The fund’s clients have access to all the advantages of the long-term savings program.

      DOUBLE BENEFIT

      Up to 100% state financial support for participants in the Long-term Savings Program (LSP) with incomes up to RUB 80,000/month (inclusive) for personal contributions from RUB 2,000 to RUB 36,000 per year. The 26% per annum rate on the "Double Benefit" deposit is achieved for a term of 91 days when opening the deposit in the web version of VTB Online and at the Bank’s offices for an amount from RUB 30,000 on the condition of entering into an LSP agreement at the Bank with JSC NPF VTB Pension Fund with an initial contribution of at least RUB 30,000. The deposit may be opened within 14 calendar days (inclusive) from the date of signing the LSP agreement. In the event of termination of the LSP agreement during the "cooling-off" period (14 calendar days from the date of signing the LSP agreement), the interest rate on the deposit is set at 0.01% per annum no later than 30 calendar days from the date of receipt of information about the termination of the LSP agreement.

      Before signing the LSP agreement, it is necessary to carefully study its contents, the Key Information Document and the Rules for the Formation of Long-Term Savings of JSC NPF VTB Pension Fund. The state and the fund do not guarantee returns from the placement of pension reserves. Income from the placement of pension reserves may increase or decrease; past investment results do not determine future returns. JSC NPF VTB Pension Fund, FSFR License No. 269/2 dated 18.10.2007; detailed information about the Fund, the Charter and other documents can be obtained at the Fund’s office: 123022, Moscow, ul. Sergeya Makeeva, 13, on the website vtbnpf.ru (6+), and by contacting the "hotline" at 8 (800) 775-25-35. Member of SRO NAPF since 17.12.2015. The "Double Benefit" deposit: currency – rubles; deposit terms – 91, 181 and 370 days; minimum deposit amount – from RUB 30,000; interest paid at the end of the deposit term; top-ups, partial withdrawals and renewal of the agreement are not provided; early termination at the demand-deposit rate. Interest rates: 91 days – 26% per annum; 181 days – 16% per annum; 370 days – 15% per annum. Detailed information is available on the official website vtb.ru and at all VTB Bank (PJSC) branches.

      VTB Bank (PJSC). General license of the Bank of Russia No. 1000. Advertising. Terms valid as of 14.11.2025.

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