What Is a Deposit?

A bank deposit allows you to place your funds or valuables in a bank — either for security or to generate income through interest.
You give your money to the bank, the bank uses it for financial operations, and in return, you receive a fixed interest income.

The longer your money stays in the deposit, the higher the interest rate you usually earn. However, withdrawing your deposit early often means losing part or all of the interest.

Types of Deposits in Kyrgyzstan

Let’s imagine Aigerim. She’s 25, a successful professional, and like many others, she’s started thinking about her financial future. She decided it was time to stop spending everything and start saving. Her best option turned out to be a bank deposit — a way to earn steady income with no risk of losing money.

There are three common types of deposits in Kyrgyz banks:

1. Cash Deposit – the most popular type of deposit.

2. Precious Metal Deposit – for storing gold and other metals.

3. Safe Deposit Box – for valuables (you pay for the box, but the bank doesn’t guarantee the value of stored items).

Let’s explore the most common type — the cash deposit.

How Does a Cash Deposit Work?

You place funds in a bank account for a fixed period or until needed. The bank uses your funds for financial operations and pays you interest.

If you withdraw your deposit early, you may lose your interest earnings. The longer you leave the money in, the higher the return.

For Aigerim, a replenishable personal savings deposit was the ideal starting point. She wanted a deposit that couldn't be withdrawn early, but could be topped up monthly.

Types of Deposits by Category

1. By Client Type
   Banks offer different terms and rates for individuals and legal entities.

2. By Term

• Fixed-Term Deposits:
  Funds are held for a specific period (e.g., 3 months or 3 years), and interest is paid regularly.

• On-Demand Deposits:
  You can withdraw funds at any time. Interest is paid, but at a lower rate (e.g., 0.1% annually).
  At Bank Kompanion, on-demand accounts in KGS, RUB, and USD offer 0.5%–5% annual interest on the balance.

1. By Conditions

• Replenishable vs. Non-replenishable

• Partially withdrawable

• Goal-based deposits (require conditions to be met before withdrawal)

• With or without interest capitalization

  • Capitalization means interest is added to your deposit and earns additional income.

Deposit Options at Bank Kompanion

Bank Kompanion offers three main deposit types — all available online and offline:

1. Term Deposit

   • No replenishment

   • Duration: 3 to 36 months

   • Higher interest rate

   • Available in KGS and USD

   • Ideal for maximizing income

2. Savings Deposit

   • Replenishable

   • Duration: 3 to 36 months

   • Flexible top-ups (starting from 200 KGS)

   • Available in KGS and RUB

   • With interest capitalization

3. Pension Deposit

   • For individuals aged 55+

   • Can be replenished by children or others

   • Available in KGS and USD

All deposits at Bank Kompanion are insured by the Deposit Protection Agency, with guaranteed coverage up to 1 million KGS.

How to Open a Deposit

Online:

• Download the Kompanion mobile app

• Complete identification

• Go to the “Deposits” section and choose the product that fits your goals

At a Branch:

• Visit any Bank Kompanion branch with your passport

• Our specialists will guide you and help open the deposit in just a few minutes

How to Close a Deposit or Withdraw Funds

• Once the term ends, the deposit amount is transferred to your account or card

• You can also withdraw your funds at a Bank Kompanion branch

Early Withdrawal

• If you withdraw early, interest may be recalculated at 0% or only partially paid

• To maximize your income, it’s best to keep the deposit until maturity

Why Deposits Matter

Deposits help you save and grow your money.
Your choice depends on your goals — whether you want flexibility, long-term capital growth, or safe storage of valuables.

Aigerim’s Choice

After comparing options, Aigerim chose the Savings Deposit in the Kompanion app.
It allowed her to:

• Top up monthly

• Track her balance anytime

• Earn more with interest capitalization

Which Deposit Is Right for You?

• If you have a large sum and want to maximize returns — go with a Term Deposit

• If you want to build savings gradually, a Savings Deposit is ideal

• If you’re 55 or older, consider a Pension Deposit with flexible top-up options

FAQ

What is a deposit?
It’s money, precious metals, or securities placed in a bank to keep safe or earn interest over time.

How do I open a deposit?
Download the Kompanion app and open it online — or visit a Bank Kompanion branch with your passport.

How does a deposit work?
The bank uses your deposit for financial operations and pays you interest — this is your income.