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 the Term Deposit in our Branch.

Min amount for opening: 100 GEL/USD/EUR

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

 

Interest Rates - Withdrawal at the End of Maturity

  GEL  Effective USD Effective EUR Effective
3  - < 6 months 11.35% From 11.73% 1.70% From 1.71% 0.70% From 0.70%
6 - < 9 months 11.55% From 11.77% 2.20% From 2.22% 0.85% From 0.85%
9 - < 12 months 11.80% From 11.86% 2.60% From 2.61% 1.15% From 1.16%
12 - < 15 months 11.95% From 11.84% 2.90% From 2.89% 1.60% From 1.60%
15 - < 18 months 12.20% From 11.91% 2.95% From 2.94% 1.70% From 1.69%
18 - < 21 months 12.40% From 11.93% 3.10% From 3.07% 2.00% From 1.98%
21 - <24 months 12.60% From 11.95% 3.25% From 3.20% 2.25% From 2.23%
24 months 12.80% From 12.07% 3.35% From 3.29% 2.35% From 2.32%
Premature cancellation  - 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 11.20% From 11.79% 1.65% From 1.68% 0.65% From 0.67%
6 - < 9 months 11.25% From 11.85% 2.15% From 2.17% 0.80% From 0.84%
9 - < 12 months 11.30% From 11.90% 2.55% From 2.62% 0.90% From 0.92%
12 - < 15 months 11.35% From 11.96% 2.85% From 2.86% 1.55% From 1.56%
15 - < 18 months 11.40% From 12.01% 2.90% From 2.97% 1.65% From 1.68%
18 - < 21 months 11.45% From 12.07% 3.00% From 3.02% 1.75% From 1.75%
21 - <24 months 11.50% From 12.13% 3.20% From 3.22% 2.15% From 2.16%
24 months 11.55% From 12.18% 3.30% From 3.34% 2.25% From 2.24%
Premature cancellation  - Interest rate which is defined for Demand Deposit for the same deposit currency

 

Interest Rates - Withdrawal in advance

  GEL  Effective USD Effective EUR Effective
3  - < 6 months 11.00% From 11.80% 1.20% From 1.20% 0.50% From 0.50%
6 - < 9 months 10.90% From 11.86% 1.70% From 1.73% 0.55% From 0.55%
9 - < 12 months 10.80% From 11.92% 2.05% From 2.09% 0.60% From 0.60%
12 - < 15 months 10.75% From 12.04% 2.30% From 2.36% 0.65% From 0.66%
15 - < 18 months 10.65% From 12.10% 2.35% From 2.42% 0.70% From 0.70%
18 - < 21 months 10.60% From 12.23% 2.40% From 2.48% 1.40% From 1.43%
21 - <24 months 10.55% From 12.37% 2.50% From 2.59% 1.50% From 1.53%
24 months 10.50% From 12.51% 2.95% From 3.09% 1.95% From 2.01%
Premature cancellation  - 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