Info linka 13. 03. 2010 18:46:26 Name day: Růžena  | PrintWrite us CZ

You are here: Homepage  >  People  >  Increasing the Value of Money  >  Building Savings CMSS

My CSOB

Click here to add this page
to your bookmarks.

Related information

Related products

ATM and branches

Zlin reigon Moravia-Silesian region South Moravia region Olomouc region The Capital of Prague Central Bohemia region Karlovarsky region Plzen region South Bohemia region Vysocina region Pardubice region Hradec Kralove region Liberec region Usti nad Labem region Mapa
more
Town/City or street

News

CSOB´s shares will be put on Prague Stock Exchange in 2010
KBC will sell 30–40 % of CSOB´s shares, KBC will remain the majority shareholder. ...

Comfort Billing Has Been Launched
From November 4, 2009, you can start using a new function – the Comfort Billing. ...

New wording of the CSOB Business Terms and Conditions
In connection with the new Payment System Act, we are going to update the CSOB General Business Terms and Conditions and ...

Basic Changes in Payments Effective from November 2009
On November 11, 2009 a new version of Law No. 284/2009 Coll., on Payments will become effective. ...

PIN to payment cards to be changed in ATM
We would like to inform you that beginning August 1, 2008 you may change your PIN ...
more

Building Savings CMSS

Savings intended for citizens and companies to resolve existing or future residential needs. This is one of the most attractive financial products on the Czech banking market. We offer building loans from Ceskomoravska Stavebni Sporitelna, the number one on the market in the Czech Republic.

 


Benefits

Savings are supplemented by state benefits for citizens in the amount of 15% of the annual saved amount (at most however from 20 000 CZK). The benefits may thus amount to 3,000 CZK per annum.


Among other benefits:

  • a permanent interest rate,
  • exemption of attributed interest and state subsidies from citizens´ income taxes,
  • investment insurance provided in accordance with the law up to an amount corresponding to 50 000 EUR,
  • possibility of opening additional building savings (without state benefits).

Additional services:

  • free magazine on housing and building savings,
  • CMSS client card for using discounts at cooperating companies in the Czech republic.

Get Acquainted

Regular saving will help you create the basic capital for resolving residential needs:

  • you deposit pre-stipulated amounts on your own building savings account,
  • if the contract includes a claim to state benefits for the year in question, the part of the savings exceeding 20 000 CZK in the year will be transferred to the next year,
  • there is no limit on how long you can save, the limit is the target amount,
  • combine the benefits of saving with the possibilities of the resulting interest.

 

Terms of Using State Benefits

As of January 1, 2004, state benefits may be legally used by:

  • citizens of the Czech Republic,
  • citizens of the European Union with a residence permit for the Czech Republic and a birth certificate number assigned by the relevant authority of the Czech Republic,
  • natural persons with permanent residence in the Czech Republic and a birth certificate number assigned by the relevant authority of the Czech Republic.

Other conditions of state benefits:

  • the support is due the participant throughout the term of saving, provided the contract includes a claim to state benefits,
  • is possible for the benefits to be divided among several contracts at once, however only up to the amount of 3000 CZK per year,
  • the claim to state benefits is forfeited if the contract is terminated prior to its expiry,
    legal entities do not have a claim to state benefits, yield from interest on deposits is subject to income tax.
Back Up
 
© ČSOB, 2009 Site Map | My CSOB | RSS channels