Agricultural Development Credit Union: Depositors’ Feedback and Offerings Review
Agrarian Development Investment Fund Overview
The Agrarian Development Investment Fund offers opportunities for stable profits with minimal risk. Let’s examine how transparent and reliable their services are, and how investors respond to them.
Information about Agrarian Development Investment Fund
The motto of Agrarian Development Investment Fund calls for increasing income and using interest for everyday happiness. The project creators claim that their main specialization is investments in grain production, storage, and export. They promise transparent relationships, although they hide the faces of employees.
Initially, it was stated that the Agrarian Development Investment Fund has been operating since 2016, but in fact, the company was only registered in 2020. The explanation about the legal entity reorganization leaves questions unanswered.
On the official website kpkar.ru, an extract from the Unified State Register of Legal Entities is presented, demonstrating the company’s registration in Moscow. However, after checking in the online registry, we have confirmed the legitimacy of the activities of Agrarian Development. Furthermore, contact information and data on the KVED confirm the veracity of the information provided.
Information about the phone contacts and office addresses of the Agrarian Development Investment Fund is available on the website. Some clients complain about difficulties in establishing communication with company specialists, but after leaving an online request, a callback is promised within 10-15 minutes. Also, the unavailability of an online chat complicates communication with the representatives of the Investment Fund.
Among its advantages, the Agrarian Development Investment Fund highlights having a license from the Central Bank of the Russian Federation, membership in the SRO “Assistance,” and funds insurance in the NGO POV “Mutual Aid.”
The absence of a scanned copy of the Central Bank’s permission on the website raised our concerns, but a check in the registry confirmed the presence of the Agrarian Development Investment Fund in the Central Bank of the Russian Federation database. Similarly, membership in the self-regulatory organization and the insurance company is confirmed.
Conditions for Potential Depositors
The Agrarian Development Investment Fund offers the following conditions:
- annual returns from 8% to 11% on the deposit amount,
- the opportunity to invest from 50 thousand rubles,
- monthly payments or capitalization of interest at choice,
- personal manager,
- gifts and bonuses for clients.
Investment promotions are periodically held, offering clients the opportunity to save or receive additional rewards.
Investments for 6, 12, and 18 months are available. For details on the conditions, consult a manager, as only basic information is provided on the website.
Reviews and Recommendations
Reviews about the Agrarian Development Investment Fund are diverse but mostly positive. Clients note the ability to withdraw funds without compromising on returns and the availability of necessary documentation.
There are also negative opinions, mainly related to communication difficulties with company employees and the anonymity of management, despite having all licenses and permits.
Conclusions
The Agrarian Development Investment Fund is an investment project with its pros and cons. The presence of a license from the Central Bank, membership in the SRO, and asset insurance are clear advantages. Among the drawbacks reported by investors, the lack of information about company leaders and staff overload should be highlighted.
When choosing an investment partner, it is preferable to examine several sources of information on online platforms and hear the opinions of other clients. Remember that the decision about investments always rests with you!
I’ve had a very poor experience with Agricultural Development Credit Union. The customer service was subpar, with staff members who seemed uninformed, unresponsive and occasionally, plain rude. When I needed to transfer funds, the process was overly complex and time-consuming. Their offerings seem very limited and lack competitive interest rates. Additionally, the Union’s digital interfaces are out-of-date, not user-friendly and frequently undergo technical issues. It has been deeply frustrating and I would not recommend this broker to anyone.