Increasing Deposit

You may open the Increasing Deposit for certain term, periodically add any amount to it and at the same time get the interest.  

Deposit terms:

  • Deposit opening - free
  • Deposit term: from 6 up to 24 months
  • Deposit currency: GEL, USD, EURO
  • Minimal amount for opening the deposit - 20 units*
  • Minimal monthly installment - 20 units
  • Maximal monthly installment -  unlimited
  • In case of breach of the deposit, if the mentioned breach took place within one calendar month from the date of opening the deposit, the interest applicable for the existing saving deposit on the date of breach, will be accrued on the deposit amount
  • Accrued interest may be used - on a monthly basis or at the end of the term
  • The interest accrued on the deposit will be automatically transferred to the current, card or deposit account of the deposit, on the date of accrual.

*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
6-8 8.25% 7.75%
9-11 8.50% 8.00%
12-17 9.00% 8.50%
18-20 9.25% 8.75%
21-23 10.00% 9.50%
24 10.50% 10.00%

Effective interest rate in GEL:

Deposit term Interest withdrawal at the end of the term Interest withdrawal on a monthly basis
6-8 8.18% 7.85%
9-11 8.39% 8.16%
12-17 7.74% 8.74%
18-20 8.90% 9.00%
21-23 9.50% 9.84%
24 9.93% 10.39%

Annual interes rate in USD:

Deposit term Interest withdrawal at the end of the term Interest withdrawal on a monthly basis
6-8 2.50% 2.00%
9-11 3.00% 2.50%
12-17 3.50% 3.00%
18-20 3.75% 3.25%
21-23 3.90% 3.40%
24 4.00% 3.50%

Effective interest rate in USD:

Deposit term Interest withdrawal at the end of the term Interest withdrawal on a monthly basis
6-8 2.42% 1.95%
9-11 2.93% 2.46%
12-17 3.42% 2.99%
18-20 3.65% 3.25%
21-23 3.79% 3.41%
24 3.88% 3.51%
 

Annual Interest rate in EURO:

Deposit term Interest withdrawal at the end of the term Interest withdrawal on a monthly basis
6-8 1.00% 0.50%
9-11 1.50% 1.00%
12-17 2.00% 1.50%
18-20 2.25% 1.75%
21-23 2.40% 1.90%
24 2.50% 2.00%

Effective interest rate in EURO:

Deposit term Interest withdrawal at the end of the term Interest withdrawal on a monthly basis
6-8 0.94% 0.44%
9-11 1.45% 0.96%
12-17 1.95% 1.47%
18-20 2.20% 1.73%
21-23 2.34% 1.89%
24 2.44% 1.99%
 

 

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