GEO
Term Deposit

A low-risk investment option with a preferential interest rate

Term Deposit - a low-risk investment option with a preferential interest rate, which increases with an increase in the amount of deposit and term of deposit and gives you the ability to receive the interest accrued on the deposit at the end of the term, on a monthly basis or in advance, in accordance with the contract between the bank and the company

General Terms:

  • Opening and servicing of Term Deposit - free
  • Deposit term - from 3 to 24 months
  • Available currencies: GEL / USD / EUR
  • Minimum deposit amount - 100 units
  • Interest withdrawal - at maturity or monthly
  • Topping up Term deposit - unavailable

 

Annual Interest Rates - withdrawal at maturity:

  GEL USD EUR
Period (in months) Nominal Effective Nominal Effective Nominal Effective
3 6.25% 5.54% 1.55% 0.08%    
4 6.25% 5.74% 1.55% 0.33%    
5 6.25% 5.74% 1.55% 0.58%    
6 8.25% 7.98% 1.90% 1.09% 0.25% 0.25%
7 8.25% 8.02% 1.90% 1.21% 0.25% 0.25%
8 8.25% 8.04% 1.90% 1.29% 0.25% 0.25%
9 8.75% 8.55% 2.40% 1.86% 0.25% 0.25%
10 8.75% 8.55% 2.40% 1.91% 0.25% 0.25%
11 8.75% 8.54% 2.40% 1.95% 0.25% 0.25%
12 9.25% 9.05% 3.00% 2.59% 0.40% 0.40%
13-17 9.25% 9.01% 3.05% 2.67% 0.50% 0.50%
18 9.35% 8.90% 3.25% 2.95% 0.60% 0.60%
19-24 9.50% 9.12% 3.60% 3.33% 0.80% 0.80%


Monthly withdrawal:

  GEL USD EUR
Period (in months) Nominal Effective Nominal Effective Nominal Effective
3 5.75% 5.04% 1.45% 0.18%    
4 5.75% 5.26% 1.45% 0.23%    
5 5.75% 5.39% 1.45% 0.48%    
6 7.75% 7.59% 1.80% 0.99% 0.20% 0.20%
7 7.75% 7.65% 1.80% 1.11% 0.20% 0.20%
8 7.75% 7.92% 1.80% 1.20% 0.20% 0.20%
9 8.25% 8.27% 2.30% 1.77% 0.20% 0.20%
10 8.25% 8.30% 2.30% 1.83% 0.20% 0.20%
11 8.25% 8.32% 2.30% 1.87% 0.20% 0.20%
12 8.75% 8.88% 2.90% 2.52% 0.30% 0.30%
13-17 8.75% 8.90% 2.95% 2.60% 0.40% 0.40%
18 8.85% 9.06% 3.15% 2.71% 0.50% 0.50%
19-24 9.00% 9.26% 3.45% 3.29% 0.70% 0.70%
 

In case the contract is terminated prematurely, the following rates will apply: 

  • GEL: 3.60%;
  • USD: 0.75%.
  • EUR: 0.00%