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.