GEO
Accumulative Deposit

Accrue for special moments! Flexible conditions and high interest rate.

General Terms:
 
Opening and service fees - free
Deposit term - from 3 to 24 months
Available currencies: GEL / USD / EUR
Min. deposit amount - 0.01 GEL / USD / EUR
Max. deposit amount - unlimited
Interest withdrawal - at the end of the term 
Account top-up at any time:  Min/Max GEL / USD / EUR – unlimited
 
If you use Liberty services, you can now get higher interest rates on Term and Accumulative deposits opened through Liberty Mobile or Internet Bank. Special rates apply for deposits in GEL and EUR: + 0.3% in GEL, + 0.15% in EUR.
 
Free automatic transactions for topping up accumulative deposit is available. 

 

Annual Interest Rates - withdrawl at maturity

 

Term (Month)

GEL USD EUR
Nominal Effective Nominal Effective Nominal Effective
3-5 11.20% 11.68% 0.55% 0.55% 0.50% 0.50%
6 11.65% 11.99% 0.60% 0.60% 0.70% 0.70%
7-9 11.85% 12.14% 0.60% 0.60% 0,80% 0.80%
10-12 12.10% 12.22% 0.80% 0.80% 1.30% 1.30%
13-18 12.05% 11.99% 1.15% 1.15% 1.50% 1.50%
19-24 12.35% 11.94% 1.30% 1.30% 1.70% 1.69%
 

 

Additional Terms & Conditions that apply to Accumulative Deposit interest rate:

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

  • GEL: 1.00%
  • USD: 0.20%
  • EUR: 0.10%

 As of 1 January 2018, the bank participates in the Deposit Insurance System established on the basis of the Law of Georgia. All sums existing at all individual accounts, regardless of the number of accounts, are insured for each bank and are compensated by the Deposit Insurance Agency up to 15,000 GEL; the remainder shall be compensated as provided under the effective legislation of Georgia.
For more information on deposit insurance systems, see the website of LEPL Deposit Insurance Agency: www.diagency.ge