For Individuals

Term Deposit

If you have a certain amount of money that you do not need for a particular period, we recommend you to open a Term Deposit and get a high-interest rate. You can choose the term of the deposit and the period to get the interest rate. Please note that you cannot withdraw or add any amount to the deposit. If you decide to cancel your deposit earlier than its maturity date, decreased interest rates will apply.

 

General Terms

You can open Term Deposit in our Branch.

Min amount for opening: 500 GEL / 500 USD/ 500 EUR

 

Interest Rates - Withdrawal at the End of Maturity

 

GEL

USD

EUR

 

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

3 months

8.50%

8.77%

2.50%

2.52%

0.50%

0.50%

6 months

9.50%

9.73%

3.00%

3.02%

0.75%

0.75%

9 months

10.00%

10.12%

3.50%

3.52%

1.00%

1.00%

12 months

10.50%

10.50%

4.00%

4.00%

1.25%

1.25%

15 months

10.75%

10.59%

4.25%

4.22%

2.00%

1.99%

18 months

10.85%

10.56%

4.40%

4.35%

2.65%

2.63%

21 months

11.00%

10.58%

4.50%

4.42%

2.75%

2.72%

24 months

11.00%

10.45%

4.50%

4.40%

2.75%

2.71%

Premature Cancellation

4.00%

 

1.00%

 

0.25%

 

* Effective interest rate is calculated for 500 units. Effective interest rate changes according to the deposit volume, maturity date, and interest accrual method.

 

Interest Rates - Monthly Withdrawal

 

GEL

USD

EUR

 

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

3 months

8.00%

8.31%

2.00%

2.02%

0.20%

0.19%

6 months

9.00%

9.38%

2.50%

2.53%

0.25%

0.25%

9 months

9.50%

9.91%

3.00%

3.03%

0.50%

0.50%

12 months

10.00%

10.48%

3.50%

3.56%

0.75%

0.76%

15 months

10.25%

10.72%

3.75%

3.80%

1.50%

1.52%

18 months

10.35%

10.85%

3.90%

3.97%

2.15%

2.16%

21 months

10.50%

11.02%

4.25%

4.33%

2.25%

2.27%

24 months

10.50%

11.02%

4.25%

4.33%

2.25%

2.27%

Premature Cancellation

4.00%

 

1.00%

 

< 9 months - 0.00%

≥ 9 months - 0.25%

 

 

Interest Rates - Withdrawal at the Beginning of Term

 

GEL

USD

EUR

 

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

3 months

7.50%

7.86%

1.50%

1.51%

0.10%

0.10%

6 months

8.50%

9.07%

2.30%

2.34%

0.15%

0.15%

9 months

9.00%

9.77%

2.80%

2.87%

0.40%

0.40%

12 months

9.50%

10.50%

3.30%

3.41%

0.65%

0.65%

15 months

9.75%

10.94%

3.55%

3.69%

1.40%

1.42%

18 months

9.85%

11.23%

3.70%

3.87%

2.05%

2.10%

21 months

10.00%

11.61%

3.80%

4.01%

2.15%

2.21%

24 months

10.00%

11.80%

3.80%

4.03%

2.15%

2.22%

Premature Cancellation

4.00%

 

1.00%

 

< 9 months - 0.00%

≥ 9 months - 0.25%

 

* Effective interest rate is calculated for 500 units. Effective interest rate changes according to the deposit volume, maturity date, and interest accrual method.
Interest rates for non-resident individuals and legal entities are 0,5% less.

Demand Deposit

Demand Deposit gives you free and unlimited access to your deposited funds. You can withdraw or add any amount to your deposit account anytime and still get a high interest. It is calculated based on a balance on the account at the end of each day and is accrued monthly.

 

General Terms

You can open Demand Deposit in our Branch.

Min amount for opening: 500 GEL / 500 USD / 500 EUR

 

Interest Rates

GEL

USD

EUR

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

6.50%

6.70%

2.00%

2.02%

1.00%

1.00%

* Effective interest rate is calculated based on the following example: the customer deposits 500 units when the deposit is opened. S/he adds 100 units to the account on the first day of each month. Effective interest rate changes according to the amount and maturity date of the deposit.
Interest rates for non-resident individuals and legal entities are 0,5% less.

Accumulative Deposit

Accumulative Term Deposit is recommended if you wish to save a certain amount of money within a definite time period. It requires a minimum initial deposit, after which you are free to add any amount anytime.

The Deposit guarantees you a high-interest rate that is paid out at the end of its term. Interest is calculated based on available balance and actual period. For the last two months till the maturity date, interest rates of Demand Deposit will be accrued on your Accumulative Term Deposit.

Please note that you cannot withdraw the amount from your deposit till the maturity date. In case of premature termination of the deposit, decreased interest rates will be applied.

 

General Terms

You can open Accumulative Term Deposit in our Branch.

Min amount for opening: 500 GEL / USD/ EUR

 

Interest Rates

 

GEL

USD

EUR

 

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

3 months

8.50%

8.46%

2.50%

2.44%

0.50%

0.58%

6 months

9.50%

9.25%

3.00%

2.81%

0.75%

0.69%

9 months

10.00%

9.65%

3.50%

3.16%

1.00%

0.85%

12 months

10.50%

9.98%

4.00%

3.50%

1.25%

1.01%

15 months

10.75%

10.13%

4.25%

3.72%

2.00%

1.37%

18 months

10.85%

10.24%

4.40%

3.90%

2.65%

1.75%

24 months

11.00%

10.31%

4.50%

4.09%

2.75%

2.11%

36 months

11.25%

10.22%

4.75%

4.26%

2.80%

2.42%

48 months

11.50%

10.05%

4.80%

4.35%

2.90%

2.55%

60 months

11.50%

9.86%

4.80%

4.36%

2.90%

2.61%

Premature Cancellation

4.00%

 

1.00%

 

0.25%

 

* Effective interest rate is calculated based on the following example: the customer deposits 500 units when the deposit is opened. S/he adds 100 units to the account on the first day of each month. Effective interest rate changes according to the amount and maturity date of the deposit.
Interest rates for non-resident individuals and legal entities are 0,5% less.

Certificate of Deposit

If you have a certain amount of money that you do not need for a particular period, we recommend you to buy a Certificate of Deposit (CD) and get a high-interest rate. Certificate of Deposit will be issued electronically. PASHA Bank Georgia offers standard and non-standard CDs. The terms and conditions for standard CD are based on NBG’s provision of standard certificates of deposit for commercial banks.

You can buy Coupon CD (interest-bearing) or Zero-coupon CD (discounted):

Coupon CD is sold at a face value and the interest is paid monthly, quarterly, semi-annual or annual.

The zero-coupon CD is sold at a discounted rate, which then pays out the face value at maturity. The difference between the face value and the purchase amount is the interest earned by the client.

General Terms:

Currency: GEL, USD, EUR
Minimum Amount for Issuance: 500 GEL/USD/EUR
Maximum Amount for Issuance: 2,500,000 GEL, 1,000,000 USD/EUR
Tenor: 3 months – 24 months

Coupon CD (interest-bearing)
 

Currency

GEL

GEL

USD

USD

EUR

EUR

Tenor

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

3  - < 6 months

8.50%

From 8.84%

2.50%

From 2.53%

0.55%

From 0.55%

6 - < 9 months

9.50%

From 9.92%

3.00%

From 3.04%

0.80%

From 0.81%

9 - < 12 months

10.00%

From 10.49%

3.50%

From 3.57%

1.05%

From 1.06%

12 - < 15 months

10.25%

From 10.76%

4.00%

From 4.08%

1.30%

From 1.30%

18 - < 21 months

10.60%

From 11.17%

4.25%

From 4.35%

2.40%

From 2.44%

21 - <24 months

10.75%

From 11.34%

4.50%

From 4.61%

2.70%

From 2.75%

24 months

11.00%

From 11.60%

4.55%

From 4.66%

2.80%

From 2.84%

 

Zero-coupon CD (discounted)
 

Currency

GEL

GEL

USD

USD

EUR

EUR

Tenor

Nominal

Effective*

Nominal

Effective*

Nominal

Effective*

3  - < 6 months

9.00%

From 9.31%

2.75%

From 2.78%

0.75%

From 0.76%

6 - < 9 months

10.00%

From 10.26%

3.25%

From 3.28%

1.00%

From 1.00%

9 - < 12 months

10.50%

From 10.65%

3.75%

From 3.77%

1.25%

From 1.25%

12 - < 15 months

11.00%

From 11.02%

4.25%

From 4.26%

1.50%

From 1.50%

18 - < 21 months

11.25%

From 11.00%

4.65%

From 4.61%

2.90%

From 2.89%

21 - 24 months

11.35%

From 10.94%

4.75%

From 4.68%

3.00%

From 2.98%

24 months

11.50%

From 10.94%

4.75%

From 4.66%

3.00%

From 2.96%

 

Other Terms:

The disposal fee will be 0.1% of the Face value of CD, minimum of 20 GEL. 

Repurchase Fee payable to the bank will be current interest rate which is applicable at the Bank on the remaining term (or the next closest term) of the CD + 2%.

These interest rates are standard offers for monthly withdrawal of interest. Rates for different cases will be considered as special offers. Special offers will be defined individually.

*Effective interest rates are calculated for 500 units.

Effective interest rates change according to the CD volume, maturity date, and interest accrual method.