Building Savings | Austrian Anadi Bank

Building Savings

It continues in 2016 with profitable entry conditions for our building savings.

Attractive interest rates and a government bonus of 1.5% of the amount saved (maximum EUR 18) for 2016. Building savings is a sure way to save continually and finance affordably when required.

  • Building savings are not only an attractive way to save, but with an entitlement to a favourable long term loan, they are also a secure financing option.
  • They are also exempt from capital gains tax (KESt-freie) government home loan bonus for building savings for deposits up to EUR 1,200 per person per year. Up to EUR 18 for 2016.
  • Safe and profitable.
  • Whether with a higher initial interest rate or fixed interest, you create a good financial foundation in only 6 years.
  • Entitlement to a loan for housing, education and care.
  • Therefore, building savings is also the foundation for the realisation of your own four walls.
What is the maximum I can deposit to take full advantage of the government bonus?

To take full advantage of the government bonus, you can pay in up to a maximum of EUR 100 per month, an annual maximum of EUR 1,200, or a one off maximum of EUR 7,200.

Does the interest rate change during the term of the savings plan?

With the dynamic building savings the interest begins with a tasty starting interest rate for 6 months, after which the rate depends on the market interest rate. The upper limit is an interest rate of 4% and the lower limit 0.25% per annum.

For those who like to play safe, our fixed interest loan is the perfect solution. Fixed interest over the entire 6 year term.

What happens to my capital if I do not cancel at the end of the contract?

After 6 years, the balance remains in the Wüstenrot account where the current interest after the end of the 6 year term lies at 0.125% per annum.

Do I have access to my capital?

It is possible to withdraw the money before the end of the 6 year minimum commitment term, but then the government bonus is no longer applicable.

At Austrian Anadi Bank we are always ready to help you.
Whether you need account assistance, product information or answers to online banking we are happy to help.
Please feel free to contact us by email, telephone or get in touch with one of our branches directly.