Individual deposit insurance

What is the deposit insurance system for individuals?

   The deposit insurance system for individuals is a set of measures to protect the rights and legitimate interests of depositors by paying insurance compensation to depositors in the event of an insured event in credit institutions of a member of the Deposit Insurance Fund for Individuals.
     The purpose of the deposit insurance system for individuals is to ensure the financial stability of the Republic of Tajikistan, including maintaining public confidence in the banking system
   
The fundamentals of the functioning of the system of insurance of deposits of individuals are regulated by the Law of the Republic
of Tajikistan “On Insurance of Deposits of Individuals”. In order to ensure the effectiveness of the system of insurance of deposits of individuals, the Fund for Insurance of Deposits of Individuals (hereinafter referred to as the Fund) operates. The Fund pays insurance compensation to depositors upon the occurrence of an insured event, maintains a register of credit institutions included in the system of insurance of savings of individuals, keeps records and collects payments from credit institutions. 
of Tajikistan “On Insurance of Deposits of Individuals”. In order to ensure the effectiveness of the system of insurance of deposits of individuals, the Fund for Insurance of Deposits of Individuals (hereinafter referred to as the Fund) operates. The Fund pays insurance compensation to depositors upon the occurrence of an insured event, maintains a register of credit institutions included in the system of insurance of savings of individuals, keeps records and collects payments from credit institutions.

     

Fund goals:

     Protection of the rights and legitimate interests of depositors by paying insurance compensation;
     Strengthening public confidence in the banking system of the Republic of Tajikistan.
    
Information about us:
     Fund address: Republic of Tajikistan, 734025, Dushanbe, Mayakovsky street 77/2
     Phones for communication: +992 44 600-32-45
     Email: info@idif.tj

Information for contributors

Check the selected credit institution Make sure that the credit institution where you are going to make a deposit is a member of the Individual Savings Insurance System and has a certificate of membership in the Individual Savings Insurance Fund.

  • Check the details of the deposit agreement

    Carefully check the spelling of your name, passport details, phone number and postal address in the deposit agreement, always inform the credit institution about the changes – this will allow you to easily find you among the depositors when paying out insurance compensation. Check with the
    credit institution about the insurance of your savings in the Individual Savings Insurance Fund.

  • Remember that in the event of an insured event, compensation
    is not paid for the following savings:

    — savings in relation to which the credit institution has the legal right to offset the debts of depositors within the amount of the depositor’s debt;
    —  savings under collateral;
    —  savings obtained by criminal means or savings arrested by the court;
    — savings, which, according to the conclusion of the National Bank of Tajikistan, contributed to the deterioration of the financial position of the credit institution;

— savings of related (affiliated) persons of the credit institution, as defined by law, as well as of persons who were considered as such during the last year prior to the liquidation of the credit institution;
— savings of partners of an audit firm who were involved as auditors of a credit institution in the calendar year preceding the date of the insured event;
— savings of individuals owning more than five percent of the shares of a credit institution on a beneficial basis;

— savings placed in foreign branches of a credit institution;

— savings in the amount of any outstanding debt of the depositor to the credit institution;
— savings in the amount of less than 10 somoni;
The order of membership in the Fund Procedure for membership of credit institutions in the Fund

In accordance with articles 12 and 15 of the Law of the Republic of Tajikistan “On insurance of deposits of individuals”, any credit organization that has a license from the National Bank of Tajikistan to attract deposits from individuals is a member of the Fund.
To obtain a Certificate of Membership in the Deposit Insurance Fund for Individuals, credit
institutions must provide the following documents:

An official letter from a credit institution addressed to the Chairman of the Deposit Insurance Fund for Individuals on his acceptance as a member of the Deposit Insurance Fund for Individuals;

A copy of the license of the National Bank of Tajikistan to attract deposits from individuals;

Balance sheet of the credit institution as of the date of membership in the Fund;

Payment of a membership fee in the amount of 0.5 percent of the minimum authorized capital to the account of the Deposit Insurance Fund for Individuals in the National Bank of Tajikistan:

NBT account: 22802972200046

TIN 010018157

BIC 350101101


Within three working days after payment of the membership fee, the Fund includes the credit organization in the Register of Credit Organizations of the Physical Deposit Insurance System and issues a Certificate of Membership.

Certificate of LLC MDO “Azizi-Moliya” on the membership of the Fund  

Deposits in LLC MDO “Azizi-Moliya” is a simple and convenient way to accumulate funds that guarantees a stable income. Term deposits with favorable interest rates and monthly capitalization for individuals and legal entities, opened in MDO “Azizi-Moliya” LLC, allow you to deposit and withdraw funds if necessary, being one of the most profitable ways to store capital.

Deposits opened in LLC MDO “Azizi-Moliya” are:
Guarantee of their safety;

Favorable interest rates;

Attractive conditions for saving and increasing your savings


You can open deposits in three currencies of your choice:

National currency – somoni;
Russian rubles;
American dollars – USA.