CERTIFICATE OF DEPOSIT
A security that certifies a bank deposit
- Minimum value: GEL 1 000 / USD / EUR
- Interest earned is credited monthly or once per year
- CDs can be purchased for up to 60 months
- A CD holder may transfer the CD to another person at any me
- It is possible to secure a loan with a CD
CALCULATE YOUR RETURN
Terms
Amount at maturity
0 GEL
Interest benefit
0 GEL
Nominal interest rate
0%
Effective interest rate
0%
Interest rates annual payment
|
Nominal Interest Rates |
Effective Interest Rates |
|||||
|
Term |
GEL |
USD |
EUR |
GEL |
USD |
EUR |
| 3-5 | 9.90% | 1.70% | 1.10% | Up to 9.31% | 1.71% | 1.10% |
| 6-11 | 9.50% | 2.55% | 1.55% | Up to 9.72% | Up to 2.57% | Up to 1.56% |
|
12-17 |
9.80% |
2.80% |
1.95% |
9.80% |
2.80% |
1.95% |
|
18-23 |
9.80% |
3.10% |
2.50% |
9.80% |
3.10% |
2.50% |
|
24-35 |
9.95% |
3.20% |
2.65% |
9.95% |
3.20% |
2.65% |
|
36-47 |
9.95% |
3.30% |
2.80% |
9.95% |
3.30% |
2.80% |
|
48-59 |
9.95% |
4.00% |
3.70% |
9.95% |
4.00% |
3.70% |
|
60 |
9.95% |
4.00% |
3.80% |
9.95% |
4.00% |
3.80% |
Interest rates monthly payment
|
Nominal Interest Rates |
Effective Interest Rates |
|||||
|
Term |
GEL |
USD |
EUR |
GEL |
USD |
EUR |
| 3-5 | 8.90% | 1.60% | 1.00% | 9.27% | 1.61% | 1.00% |
| 6-11 | 9.45% | 2.50% | 1.50% | 9.87% | 2.53% | 1.51% |
|
12-17 |
9.60% |
2.75% |
1.90% |
10.03% |
2.78% |
1.92% |
|
18-23 |
9.60% |
3.05% |
2.40% |
10.03% |
3.09% |
2.43% |
|
24-35 |
9.75% |
3.05% |
2.55% |
10.20% |
3.09% |
2.58% |
|
36-47 |
9.75% |
3.20% |
2.70% |
10.20% |
3.25% |
2.73% |
|
48-59 |
9.75% |
3.50% |
3.45% |
10.20% |
3.56% |
3.51% |
|
60 |
9.75% |
3.55% |
3.45% |
10.20% |
3.61% |
3.51% |
EXPLORE MORE DEPOSITS
ACCESS YOUR FUNDS WHENEVER YOU NEED THEM
- For opening Savings Account FlexSave is not requested minimum amount;
- Interest accrual principle: Interest is accrued on the balance available at the end of each day, and is calculated at the end of each month;
- The interest calculated at the end of each month is credited to the current account.
START SAVING FOR YOUR GOAL
- Deposit is opened for a predefined period and there is no minimum amount required for opening
- It is possible to add money to the deposit without limitation
- Interest on the deposit is paid on maturity
PLACE YOUR AVAILABLE FUNDS FOR A FIXED TERM
- Minimum amount - 500 GEL/ USD/ EUR;
- Term Deposit is opened in a fixed amount and for a predefined period
FREQUENTLY ASKED QUESTIONS
What is the minimum value of a deposit certificate?
The minimum value of a deposit certificate is GEL 1,000 / USD 1,000 / EUR 1,000
How often interest is paid on CD?
Interest can be paid monthly or annually, depending on the payment option you choose
What interest rate applies if the deposit certificate is redeemed by the bank?
For each completed year, the interest rate of CD will be reduced by 0.5%, the interest rate for the remaining term will be 0%.