Term deposit will allow you to allocate the amount at the deposit for a definite term and get the high rate of interest.
Deposit Terms:
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Deposit opening - free
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Deposit term - from 3 up to 24 months
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Deposit currency - GEL, USD, EURO
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Deposit amount - from 500 units*
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The amount shall not be reduced or increased during the validity period of the agreement
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Accrued interest can be used on a monthly basis or at the end of the term
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In case of breach of deposit maturity, if the mentioned breach was made before expiry of one calendar month from the date of its opening, penalty, in the amount of 0, 25% will be charged on the deposit amount. If the deposit was breached after expiry of one calendar month from the date of its opening, the interest rate, applicable for the saving deposit at the bank in the moment of breach, will be charged on the deposit. In case of breach of deposit, already withdrawn interest (if the interest accrual periodicity was monthly) will be deducted from the principal amount of deposit.
*Effective interest Rate is calculated on 5,000 unit.
Annual interest rate in GEL:
| Deposit term |
Interest withdrawal at the end of the term |
Interest withdrawal on a monthly basis |
| 3-5 |
8.50% |
8.25% |
| 6-8 |
8.75% |
8.35% |
| 9-11 |
9.00% |
8.50% |
| 12-14 |
9.15% |
8.65% |
| 15-17 |
9.20% |
8.70% |
| 18-20 |
9.35% |
8.85% |
| 21-23 |
9.40% |
8.90% |
| 24 |
9.55% |
9.05% |
Effective interest rate in GEL:
| Deposit term |
Interest withdrawal at the end of the term |
Interest withdrawal on a monthly basis |
| 3-5 |
8.19% |
8.04% |
| 6-8 |
8.55% |
8.35% |
| 9-11 |
8.81% |
8.59% |
| 12-14 |
8.93% |
8.81% |
| 15-17 |
8.92% |
8.89% |
| 18-20 |
9.00% |
9.08% |
| 21-23 |
8.97% |
9.15% |
| 24 |
9.02% |
9.32% |
Annual interest rate in USD:
| Deposit term |
Interest withdrawal at the end of the term |
Interest withdrawal on a monthly basis |
| 3-5 |
1.30% |
1.00% |
| 6-8 |
1.70%
|
1.25% |
| 9-11 |
2.20% |
1.75% |
| 12-14 |
2.65% |
2.30% |
| 12-17 |
2.75% |
2.50% |
| 18-20 |
2.80% |
2.75% |
| 21-23 |
2.90% |
2.75% |
| 24 |
2.95% |
2.90% |
Effective interest rate in USD:
| Deposit term |
Interest withdrawal at the end of the term |
Interest withdrawal on a monthly basis |
| 3-5 |
0.10% |
-0.20% |
| 6-8 |
0.95%
|
0.50% |
| 9-11 |
1.65% |
1.21% |
| 12-14 |
2.20% |
1.88% |
| 15-17 |
2.37% |
2.16% |
| 18-20 |
2.47% |
2.47% |
| 21-23 |
2.59% |
2.51% |
| 24 |
2.65% |
2.67% |
Annual interest rate in EURO:
| Deposit term |
Interest withdrawal at the end of the term |
Interest withdrawal on a monthly basis |
| 3-5 |
0.50% |
0.40% |
| 6-8 |
0.75% |
0.50% |
| 9-11 |
1.10% |
0.85% |
| 12-14 |
1.25% |
0.85% |
| 15-17 |
1.25% |
0.85% |
| 18-20 |
1.50% |
1.10% |
| 21-23 |
1.95% |
1.50% |
| 24 |
2.00% |
1.50% |
Effective interest rate in EURO:
| Deposit term |
Interest withdrawal at the end of the term |
Interest withdrawal on a monthly basis |
| 3-5 |
-0.69% |
-0.79% |
| 6-8 |
0.00% |
-0.25% |
| 9-11 |
0.55% |
0.31% |
| 12-14 |
0.81% |
0.42% |
| 15-17 |
0.89% |
0.50% |
| 18-20 |
1.19% |
0.80% |
| 21-23 |
1.67% |
1.24% |
| 24 |
1.73% |
1.25% |