Over one million parents in Russia used Sber’s child benefits calculator

Jan 13, 2021

Over one million parents have used the Child Benefits Calculator by Sber to calculate children’s allowances.

Today, all a parent needs to have the calculator display a list of national and local child benefits and show the minimum and maximum amount of payments is to indicate the Russian region of one’s residence, the child's age, and their life situation (family status, parent’s employment).

The service is available on the bank’s website in the Child Benefits section or via SberBank Online’s Catalogue (the ‘For Parents’ section). The Sberbank website features current information on who’s entitled to benefits, how one can get them, and how to have a Mir card issued to which the benefits will be credited.

Marketed in 2019, the service became especially relevant during the coronavirus pandemic, when stimulus checks were launched to support families with children. The offering helps people get all the necessary information fast and in a clear way.

As of now, there are 18 national and 160+ local child benefits in Russia, which take into account over 40 life situations. Often parents are unaware of all the benefits they’re entitled to. Sber has resolved this issue and created the Child Benefits Calculator, a one-stop source for all the information you’d need, spanning from the benefits you’re entitled to and the paperwork they require to how to make the documents ready and where the money will be credited to

Alexandra Altukhova

Director of Special Solutions, Sberbank