Preferential categories of citizens who receive social support from the state, from July 1, 2025, will be able to apply for profitable banking products — a social deposit and a social account. This is reported on the website of the Bank of Russia.
You can open a social contribution for 1 year with the possibility of extension. The interest rate on it will be the maximum of those offered by a particular bank for deposits for a period of 1 month to 1 year. At the same time, the amount of funds on the deposit should not exceed 50 thousand rubles.
The deposit can be replenished at any time and, if necessary, money can be withdrawn from it without reducing the interest rate. Income is accrued and paid monthly.
The rate of the social bank account, which accrues interest on the balance of up to 50 thousand rubles, must be at least half of the key rate of the Bank of Russia. There are no restrictions on the amount on the account, but interest will be charged on the balance over 50 thousand rubles on the terms of the bank. It will be possible to withdraw interest every month.
