Fixed Term Deposit

If you have a certain amount of money that you do not need for a particular period we recommend you open a Fixed 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. The Bank does not have the obligation to cancel the deposit earlier than its maturity date. If the bank agrees to withdraw the deposit amount before its maturity, decreased interest rates will apply.

Service terms:

Currency: GEL, USD, EUR
Minimum deposit balance: 100 GEL/USD/EUR
Maximum deposit balance: 2,500,000 GEL, 1,000,000 USD/EUR
Terms: 1 month – 24 months

 

Interest Rates - Withdrawal at the End of Maturity:

  GEL  Effective USD Effective EUR Effective
3  - < 6 months 12.60% From 13.10% 1.85% From 1.86% 0.85% From 0.84%
6 - < 9 months 12.80% From 13.10% 2.35% From 2.36% 1.00% From 1.00%
9 - < 12 months 13.05% From 13.15% 2.75% From 2.75% 1.30% From 1.30%
12 - < 15 months 13.25% From 13.13% 3.05% From 3.05% 1.75% From 1.75%
15 - < 18 months 13.45% From 13.12% 3.10% From 3.08% 1.85% From 1.84%
18 - < 21 months 13.70% From 13.12% 3.25% From 3.21% 2.15% From 2.13%
21 - 24 months 13.95% From 12.97% 3.40% From 3.35% 2.40% From 2.37%
24 months 14.20% From 13.31% 3.50% From 3.44% 2.50% From 2.47%
Premature Cancellation Fee  - Interest rate which is defined for Demand Deposit for the same deposit currency

 

Interest Rates - Monthly Withdrawal:

  GEL  Effective USD Effective EUR Effective
3  - < 6 months 12.50% From 13.01% 1.80% From 1.80% 0.80% From 0.84%
6 - < 9 months 12.55% From 13.36% 2.30% From 2.37% 0.95% From 0.96%
9 - < 12 months 12.60% From 13.40% 2.70% From 2.74% 1.05% From 1.08%
12 - < 15 months 12.65% From 13.40% 3.00% From 3.02% 1.70% From 1.68%
15 - < 18 months 12.70% From 13.47% 3.05% From 3.10% 1.80% From 1.80%
18 - < 21 months 12.75% From 13.50% 3.15% From 3.22% 1.90% From 1.92%
21 - 24 months 12.80% From 13.59% 3.35% From 3.39% 2.30% From 2.36%
24 months 12.85% From 12.64% 3.45% From 3.46% 2.40% From 2.41%
Premature Cancellation Fee  - Interest rate which is defined for Demand Deposit for the same deposit currency

 

Interest Rates - Withdrawal at the Beginning of Term:

  GEL  Effective USD Effective EUR Effective
3  - < 6 months 12.20% From 13.25% 1.35% From 1.35% 0.65% From 0.64%
6 - < 9 months 12.00% From 13.22% 1.85% From 1.87% 0.70% From 0.70%
9 - < 12 months 11.80% From 13.18% 2.20% From 2.24% 0.75% From 0.75%
12 - < 15 months 11.60% From 13.15% 2.45% From 2.51% 0.80% From 0.81%
15 - < 18 months 11.40% From 13.11% 2.50% From 2.58% 0.85% From 0.86%
18 - < 21 months 11.20% From 13.07% 2.55% From 2.64% 1.55% From 1.58%
21 - 24 months 11.05% From 13.07% 2.65% From 2.75% 1.65% From 1.69%
24 months 10.90% From 13.08% 3.10% From 3.25% 2.10% From 2.17%
Premature Cancellation Fee  - Interest rate which is defined for Demand Deposit for the same deposit currency

 

* Effective interest rate is calculated for 100 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.

From January 1st, 2018, the Bank is a member of a deposit insurance system established in Georgia in accordance with the Law of Georgia on Deposit Insurance System, whereas in case of insurance event, each individual depositor is entitled to receive a compensation from the Deposit Insurance Agency, within the limit of 15,000 GEL. The amount above the limit shall be compensated as provided under the effective legislation of Georgia.

For more information on deposit insurance system, visit web site at: www.diagency.ge