General Description

In case you want not only to store deposit securely, but also to add funds to it – there is a Term+ Deposit for you. It will allow you to add funds to the initial deposit anytime via our remote channels.

Term+ Deposit allows you to add funds on a monthly basis. The bank will accrue interest on each amount you deposit, thus enabling you to accumulate funds in the most efficient way.

INTEREST RATES IN GEL

Period

Interest Rate

Interest withdrawal at the end of the term

Interest withdrawal on a monthly basis

3-5 Months

Annual

3.50%

3.00%

Effective

2.84%

2.39%

6-8 Months

Annual

5.50%

5.00%

Effective

4.02%

3.27%

9-11 Months

Annual

7.00%

6.50%

Effective

5.18%

4.44%

12 Months

Annual

7.50%

7.00%

Effective

5.99%

5.4%

13-14 Months

Annual

7.50%

7.00%

Effective

6.18%

5.64%

15-17 Months

Annual

7.50%

7.00%

Effective

6.46%

6.00%

18-20 Months

Annual

7.60%

7.10%

Effective

6.73%

6.37%

21-23 Months

Annual

7.70%

7.20%

Effective

6.9%

6.61%

24 Months

Annual

7.75%

7.25%

Effective

7.03%

6.81%

INTEREST RATES IN USD

Period

Interest Rate

Interest withdrawal at the end of the term

Interest withdrawal on a monthly basis

6-8 Months

Annual

0.50%

 -

Effective

From 0.50%

 -

9-11 Months

Annual

1.50%

1.00%

Effective

From 0.78%

From 0.36%

12 Months

Annual

2.00%

1.50%

Effective

From 1.17%

From 0.67%

13-14 Months

Annual

2.00%

1.50%

Effective

From 1.27%

From 0.78%

15-17 Months

Annual

2.00%

1.50%

Effective

From 1.43%

From 0.95%

18-20 Months

Annual

2.10%

1.60%

Effective

From 1.60%

From 1.12%

21-23 Months

Annual

2.20%

1.70%

Effective

From 1.73%

From 1.25%

24 Months

Annual

2.25%

1.75%

Effective

From 1.84%

From 1.35%

INTEREST RATES IN GBP

Period

Interest Rate

Interest withdrawal at the end of the term

Interest withdrawal on a monthly basis

9-11 Months

Annual

0.50%

 -

Effective

From 0.22%

 -

12 Months

Annual

0.50%

 -

Effective

From 0.33%

 -

13-14 Months

Annual

0.50%

 -

Effective

From 0.34%

 -

15-17 Months

Annual

0.70%

0.20%

Effective

From 0.42%

From 0.06%

18-20 Months

Annual

0.70%

0.20%

Effective

From 0.50%

From 0.10%

21-23 Months

Annual

0.80%

0.30%

Effective

From 0.56%

From 0.13%

24 Months

Annual

0.80%

0.30%

Effective

From 0.61%

From 0.17%

Other terms

Fees

  • Account opening and transactions are free of charge.

Minimum deposit

  • The minimum initial balance on the Term+ Deposit account is 1000 GEL/USD/EUR/GBP;
  • Further deposits are as low as 500 GEL/USD/EUR/GBP.

Terms and conditions

  • You can open a Term+ Deposit for the period of 3 to 24 months;
  • Additional deposit made within the last 3 months before the maturity shall accrue interest similar to that of a savings deposit. Appropriate annual interest, given in the table is applied for the additional deposits made within the period above 3 months term before expiration date.

Operations

  • Additional transfers to the Term+ Deposit account are not limited via Internet and Mobile Banking or from other bank accounts;
  • In case of termination the Deposit Agreement throughout 12 months starting from the effective date , no interest shall be accrued.
  • In case of termination the Deposit Agreement after 12 months starting from the effective date, annual 2% (in GEL) and annual 1% (in foreign currency)  shall be accrued to the account for the actual period of placement, from the effective date of the Agreement till the date of violation.
  • If the Depositor has already withdrawn the interest, then a part of the preliminarily paid interest amount shall be deducted from the payable deposit amount.
How to Apply?

Apply online

You can't apply online now. Please call us or visit a branch.

(+995 32) 227 27 27

Call 24 hours a day, 7 days a week or request a call back.

Visit a branch

Apply at the nearest branch.
Register online
Call me
Find branch
Thank you for reaching us
We will contact you as soon as possible
$Apply_notification_title.getData()
$Apply_notification_text.getData()