Term Deposit – the best way to increase your savings
Choose the exact number of days of placing your savings onto your deposit, define a term of when the interest income to be received and enjoy preferential* annual interest rate.
Terms and Conditions:
- Currency:
GEL and foreign currencies**
- Minimum deposit:
500 units
- Term
From 3 to 24 months
- Cash withdrawal fee:
0%
- Deposit Conversion:
GEL and to 19 different foreign currencies
- Loan:
A deposit-backed loan with the same interest rate***
- Interest income withdrawal conditions:
You may withdraw interest income on maturity of the deposit, once a month or upon opening it.
- Early termination of the agreement
The deposit will accrue annual interest rate as agreed upon in a contract minus 4%, no lower than 2%.
Annual interest rate****
Annual interest rate if the yield is received at the end of the deposit term.
|
Term of the deposit (months) |
Term of the deposit (days) |
GEL |
Foreign currency* |
|
3 |
90-179 |
8% |
4.5% |
|
6 |
180-269 |
9.5% |
6% |
|
9 |
270-359 |
9.5% |
6% |
|
12 |
360-449 |
10% |
6.5% |
|
15 |
450-539 |
10% |
6.5% |
|
18 |
540-629 |
10.1% |
6.6% |
|
21 |
630-719 |
10.2% |
6.7% |
|
24 |
720-750 |
10.25% |
6.75% |
Annual interest rate if the yield is received monthly.
|
Term of the deposit (months) |
Term of the deposit (days) |
GEL |
Foreign currency* |
|
3 |
90-179 |
7.5% |
4% |
|
6 |
180-269 |
9% |
5.5% |
|
9 |
270-359 |
9% |
5.5% |
|
12 |
360-449 |
9.35% |
6% |
|
15 |
450-539 |
9.35% |
6% |
|
18 |
540-629 |
9.35% |
6.10% |
|
21 |
630-719 |
9.35% |
6.20% |
|
24 |
720-750 |
9.35% |
6.25% |
Annual interest rate if the yield is received upon opening the deposit.
|
Term of the deposit (months) |
Term of the deposit (days) |
GEL |
Foreign currency* |
|
3 |
90-179 |
6.5% |
3.50% |
|
6 |
180-269 |
8.00% |
5.00% |
|
9 |
270-359 |
8.00% |
5.00% |
|
12 |
360-449 |
8.35% |
5.50% |
|
15 |
450-539 |
8.35% |
5.50% |
|
18 |
540-629 |
8.35% |
5.60% |
|
21 |
630-719 |
8.35% |
5.70% |
|
24 |
720-750 |
8.35% |
5.75% |
* Subject to amount and term of the deposit.
**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, standard rates -1,5% term applies. Annual interest rate can be negotiated individually.