Secure the future of your child..
Only SOLO Family customers may enjoy additional +0.5%* annual interest rate!
Terms and Conditions:
- Currency:
GEL/USD/EUR/GBP
- Minimum initial deposit:
10 units
- Additional minimum deposit and frequency:
Unlimited
- Term:
From 2- to 18 years
- Deposit Conversion:
GEL and to 19 different foreign currencies**
- Interest accrual
Annual interest is compounded annually on the Child Deposit starting from the date of its opening.
- Loan;
A deposit-backed loan with the same interest rate***
- Early termination of the agreement:
In case of termination of the contract prior to its maturity you fully withdraw your sum and interest for every mature year.
Annual interest rates****
|
Term |
GEL |
Foreign Currency |
|
From 2 to 18 years |
10.25% |
6.75% |
Calculator
The table shows your savings per month in accordance with an age of a child
|
|
A sum you want to save for your child(GEL) |
|
Age of a child by the time of opening of the deposit |
10 000 |
15 000 |
20 000 |
25 000 |
30 000 |
40 000 |
50 000 |
100 000 |
|
under 1year of age |
13 |
19 |
25 |
32 |
38 |
51 |
64 |
127 |
|
1 year old |
15 |
22 |
29 |
37 |
44 |
59 |
73 |
146 |
|
2 years old |
17 |
25 |
34 |
42 |
51 |
67 |
84 |
169 |
|
3 years old |
19 |
29 |
39 |
49 |
58 |
78 |
97 |
195 |
|
5 years old |
26 |
39 |
52 |
66 |
79 |
105 |
131 |
263 |
|
7 years old |
36 |
54 |
72 |
90 |
108 |
145 |
181 |
362 |
|
10 years old |
62 |
93 |
124 |
155 |
186 |
248 |
310 |
620 |
|
12 years ols |
95 |
143 |
191 |
239 |
286 |
381 |
477 |
954 |
The calculations in the table are made tentatively.
* In case if the sum of parents' Term Deposits equals to USD 10,000 or is above.
** Foreign currency: USD, EUR, GBP, RUB, CHF, TRY, CAD, AZN, AMD, SEK, NOK, DKK, AUD, JPY, ILS, CZK, PLN, BYR, HUF.
***In case if a loan exceeds 25% of the total sum of the deposit the loan is issued at +4%.
****For non-residents, rates of standard -1,5% applies. Annual interest rate can be negotiated individually.