Term Deposit

PASHA Bank Term Deposit can be used by large enterprises, as well as medium and small enterprises with annual turnover exceeding one million GEL, or with a potential to achieve this figure in the near future.

PASHA Bank Term Deposit can be used by large enterprises, as well as medium and small enterprises with an annual turnover exceeding one million GEL, or with the potential to achieve this figure in the near future.

If you have a certain amount of money that you do not need for a particular period we recommend you 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.

Service terms:

Currency: GEL, USD, EUR
Minimum deposit balance: 5,000 GEL/USD/EUR
Maximum deposit balance: 2,500,000 GEL, 1,000,000 USD/EUR
Terms: 1 month – 24 months
Rates for pre-mature cancellation: GEL - 2.00%; USD - 0.25%; EUR - 0.00%;

 

Interest Rates - Withdrawal at the End of Maturity:

  GEL  GEL (Effective) USD USD (Effective) EUR EUR (Effective)
1 - <3 months 10.00% From 10.43% 1.00% From 1.00% 0.35% From 0.35%
3 - <6 months 10.50% From 10.83% 1.25% From 1.25% 0.35% From 0.35%
6 - <9 months 10.70% From 10.89% 1.70% From 1.70% 0.70% From 0.70%
9 - <12 months 10.90% From 10.95% 2.00% From 2.00% 1.00% From 1.00%
12 - <15 months 11.10% From 11.00% 2.10% From 2.10% 1.10% From 1.10%
15-<18 months 11.30% From 11.05% 2.25% From 2.24% 1.25% From 1.25%
18 - <24 months 11.50% From 10.95% 2.35% From 2.33% 1.35% From 1.34%
24 months 11.85% From 11.22% 2.55% From 2.52% 1.55% From 1.54%

 

Interest Rates - Monthly Withdrawal:

  GEL  GEL (Effective) USD USD (Effective) EUR EUR (Effective)
1 - <3 months 9.90% From 10.36% 0.75% From 0.75% 0.30% From 0.30%
3 - <6 months 10.40% From 10.91% 1.05% From 1.06% 0.30% From 0.30%
6 - <9 months 10.45% From 10.97% 1.55% From 1.56% 0.35% From 0.35%
9 - <12 months 10.50% From 11.02% 1.95% From 1.97% 0.85% From 0.85%
12 - <15 months 10.55% From 11.08% 2.10% From 2.12% 0.95% From 0.95%
15-<18 months 10.50% From 11.02% 2.20% From 2.22% 1.10% From 1.11%
18 - <24 months 10.65% From 11.19% 2.30% From 2.32% 1.30% From 1.31%
24 months 10.70% From 11.24% 2.50% From 2.53% 1.40% From 1.41%

Interest rates for non-resident legal entities are 0,5% less.*

The effective interest rate is calculated for 5 000 units. Effective interest rate changes according to the deposit volume, maturity date, and interest accrual method.