Term Deposit

Place your money for fixed amount of time and enjoy the certainty of knowing exactly how much interest you're going to earn.
ANNUAL INTEREST RATES

Term/Amount < 500,000 > 500,000 Effective Rate
Current account  2%  
1 week - 4.00% -
2 week - 4.00% -
3 week - 4.00% -
1 month - 5.00% -
3 months 10.00% 10.00% 10.38%
6 months 10.50% 10.50% 10.77%
9 months 10.75% 10.75% 10.89%
12 months 11.00% 11.00% 11.00%
18 months 11.25% 11.25% 10.95%
24 months 11.75% 11.75% 11.13%


In case of monthly interest payment the applied rate will be 0.50% less

TERMS

- Opening deposit - Free;
- Deposit currency - GEL;
- Minimum amount - 500 GEL;
- Increase or decrease - Not Allowed;
- Withdrawing the accrued interest - Monthly or at the end of the term;
- In case of termination of term deposit;
  Before 3 months from opening date - 0% will be applied;
  After 3 months from opening date - 2% will be deducted from initial rate.

From January 1, 2018, the Bank participates in the deposit insurance system established on the basis of the Law of Georgia on the Deposit Insurance System. In case of an insurance event, the amount available on the depositor's deposit / account will be reimbursed by the Deposit Insurance Agency within the amount of GEL 15,000, while the remaining amount will be reimbursed in accordance with the current legislation.For more information visit the website of LEPL - Deposit Insurance Agency: www.diagency.ge