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 < 50.000 50.001 - 500.000 > 500.001
1 week  -  - 1.00%
2 week  -  - 1.00%
3 week  -  - 1.15%
1 month  -  - 1.25%
3 months 2.75% 2.75% 2.50%
6 months 3.25% 3.25% 3.00%
9 months 3.75% 3.75% 3.50%
12 months 4.00% 4.00% 3.75%
18 months 4.50% 4.50% 4.25%
24 months 4.75% 4.75% 4.50%


In case of monthly interest payment the applied rate will be 0.15% less


TERMS

- Opening deposit - Free;
- Deposit currency - USD;
- Minimum amount - 500 USD;
- 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 - 1% will be deducted from initial rate.



Deposit Insurance: The Bank participates in the deposit insurance system according to the Law of Georgia on Deposit Insurance System since January 1, 2018. Any deposit holder physical person holding amount on Deposit/account in each commercial bank within 5,000 GEL will be reimbursed regardless the amount on the deposit/account by the deposit insurance agency, and the rest of amount will be reimbursed in accordance with the applicable legislation.
For more information, you can visit the LEPL Deposit Insurance Agency web - page: www.diagency.ge