Growing Account

Büyüyen Hesap (Growing Account) lets you make regular investments in your child's and family's future, with a convenient savings plan that provides a regular income. You deposit a certain amount of money to your Büyüyen Hesap every month to buy mutual funds and your savings grow along with your child as money earns more with our mutual funds. At the end of the maturity date of the account, the savings and earnings of your children are paid out either in regular installments or as a lump sum.

• With this account, you invest your regular savings in Finansbank Mutual Funds. Your monthly payments can be made using any of your accounts at Finansbank or by automatic payments from your CardFinans, commission-free, after you provide written instructions to that effect.
  
• Minimum monthly payments are 150 YTL. You may increase the amount as much as you like in increments of 50 YTL.
  
• For your savings to generate maximum returns, you may either select the mutual-fund portfolio* Finansbank has created especially for this account or choose your own portfolio according to your risk preferences. At any time you choose, you also have the option to change the weighting of funds in the portfolio or diversify your funds the better to meet your child's future needs.
  
• For greater returns, you may open your account with a single lump sum and make extra deposit amounts any time you like.
  
• A Büyüyen Hesap must be opened with a maturity of at least 3 years or more. At the maturity date, you may choose payment of a single lump sum or salary-like monthly payments** may be made. Monthly payments continue to be made as long as the account has a positive balance.

* The mutual-fund portfolio created for the Büyüyen Hesap, consists 50% of Bonds Fund, and 50% of Active Fund. ** To be able to cash the funds in the account and receive payments, it is necessary to close the account. In case of closing the account, no commission or charge will apply.