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Term Deposit

Make Time Work For You:

With term deposit:

  • - You receive high interest rate whenever you wish - prior to the beginning of term, at the end of term or monthly
  • - You can choose the exact number of days for the period you want to put money on (from 90 to 750 days);
  • - You can convert your money any time to any currency you wish;
  • - In case of taking a loan, you will be provided with beneficial conditions.

 

Term deposit conditions:

Minimum amount to open: 500 GEL/foreign currency

Term: 3-24 months

 

Annual interest rate       

You can accrue interest on term deposit at the beginning of the period, at the end of the period or monthly.

 

 

Deposit Term

 

   End of Term    

Beginning of the term

Day

Month

Rate

GEL

EUR

Foreign

Currency

GEL

EUR

Foreign

Currency

90-180

3

Nominal

8.00%

0.05%

1.25%

6.70%

 

0.55%

Effective 8.24% 0.05% 1.26% 6.99%   0.55%

180-270

6

Nominal

9.00%

0.50%

2.00%

7.70%

0.10%

1.30%

Effective 9.21% 0.50% 2.01% 8.17% 0.10% 1.31%

270-360

9

Nominal

9.50%

1.00%

2.50%

8.20%

0.30%

1.80%

Effective 9.62% 1.00% 2.51% 8.83% 0.30% 1.83%

360-450

12

Nominal

10.00%

1.50%

3.00%

8.25%

0.80%

2.30%

Effective 10.01% 1.50% 3.00% 8.99% 0.81% 2.35%

450-540

15

Nominal

10.10%

1.60%

3.10%

8.30%

0.90%

2.40%

Effective 9.99% 1.60% 3.09% 9.15% 0.91% 2.47%

540-630

18

Nominal

10.25%

1.75%

3.25%

8.35%

1.05%

2.55%

Effective 10.01% 1.74% 3.23% 9.32% 1.06% 2.63%

630-720

21

Nominal

10.35%

1.90%

3.40%

8.40%

1.15%

2.65%

Effective 9.99% 1.89% 3.36% 9.50% 1.17% 2.75%

720-750

24

Nominal

10.50%

2.00%

3.50%

8.45%

1.25%

2.75%

Effective 10.01% 1.98% 3.44% 9.68% 1.27% 2.87%

 

Deposit Term

 

Monthly

 

Day

Month

Rate

GEL

EUR

Foreign

Currency

90-180

3

Nominal

7.50%

0.01%

1.05%

Effective 7.76% 0.01% 1.06%

180-270

6

Nominal

8.50%

0.30%

1.80%

Effective 8.84% 0.30% 1.81%

270-360

9

Nominal

9.00%

0.80%

2.30%

Effective 9.38% 0.80% 2.32%

360-450

12

Nominal

9.50%

1.30%

2.80%

Effective 9.93% 1.31% 2.84%

450-540

15

Nominal

9.50%

1.40%

2.90%

Effective 9.93% 1.41% 2.94%

540-630

18

Nominal

9.55%

1.55%

3.05%

Effective 9.98% 1.56% 3.09%

630-720

21

Nominal

9.60%

1.65%

3.15%

Effective 10.03% 1.66% 3.20%

720-750

24

Nominal

9.65%

1.75%

3.25%

Effective 10.09% 1.76% 3.03%