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.

General Terms

You can open the Term Deposit in our Branch.

Min amount for opening: 1000 GEL/USD/EUR

Max amount of opening: 2,500,000 GEL / 1,000,000 USD/EUR

Rates for pre-mature cancellation: GEL - 2.00%; USD - 1.00%; EUR 0.30;

 

Interest Rates - Withdrawal at the End of Maturity

  GEL  GEL (Effective) USD USD (Effective) EUR EUR (Effective)
3  - < 6 months 10.70% From 11.04% 1.85% From 1.86% 0.80% From 0.80%
6 - < 9 months 11.15% From 11.36% 2.00% From 2.01% 0.95% From 0.95%
9 - < 12 months 11.35% From 11.40% 2.45% From 2.45% 1.10% From 1.10%
12 - < 15 months 11.60% From 11.50% 2.65% From 2.64% 1.60% From 1.60%
15 - < 18 months 11.80% From 11.53% 2.75% From 2.73% 1.80% From 1.79%
18 - < 21 months 12.05% From 11.61% 2.80% From 2.77% 1.90% From 1.89%
21 - <24 months 12.25% From 11.63% 2.90% From 2.86% 1.95% From 1.93%
24 months 12.35% From 11.67% 2.95% From 2.91% 2.00% From 1.98%

 

Interest Rates - Monthly Withdrawal

  GEL  GEL (Effective) USD USD (Effective) EUR EUR (Effective)
3  - < 6 months 10.60% From 11.13% 1.75% From 1.76% 0.70% From 0.70%
6 - < 9 months 10.90% From 11.46% 1.80% From 1.81% 0.70% From 0.70%
9 - < 12 months 10.95% From 11.52% 2.40% From 2.43% 0.90% From 0.90%
12 - < 15 months 11.00% From 11.57% 2.60% From 2.63% 1.40% From 1.41%
15 - < 18 months 11.05% From 11.63% 2.70% From 2.73% 1.70% From 1.71%
18 - < 21 months 11.10% From 11.68% 2.75% From 2.78% 1.80% From 1.81%
21 - <24 months 11.15% From 11.74% 2.85% From 2.89% 1.85% From 1.87%
24 months 11.20% From 11.79% 2.90% From 2.94% 1.90% From 1.92%

 

Interest Rates - Withdrawal in advance

  GEL  GEL (Effective) USD USD (Effective) EUR EUR (Effective)
3  - < 6 months 10.15% From 10.83% 1.25% From 1.26% 0.55% From 0.55%
6 - < 9 months 10.15% From 10.98% 1.30% From 1.31% 0.55% From 0.55%
9 - < 12 months 10.10% From 11.07% 1.90% From 1.93% 0.85% From 0.86%
12 - < 15 months 10.00% From 11.11% 2.10% From 2.15% 1.25%  From 1.27%
15 - < 18 months 10.00% From 11.27% 2.20% From 2.26% 1.30% From 1.32%
18 - < 21 months 9.95% From 11.38% 2.25% From 2.32% 1.40% From 1.42%
21 - <24 months 9.85% From 11.42% 2.30% From 2.38% 1.45% From 1.48%
24 months 9.80% From 11.52% 2.25% From 2.33% 1.50% From 1.53%

 

* Effective interest rate is calculated for 1000 units. Effective interest rate changes according to the deposit volume, maturity date, and interest accrual method.

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