SAVINGS PLAN DEPOSIT
Start saving for your goals
- 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
GROWING DEPOSIT
Interest rates
| Nominal Interest Rates | Effective Interest Rates | |||||
| Term (month) |
GEL | USD | EUR | GEL | USD | EUR |
| 3-5 | 8.80% | 1.30% | 0.90% | Up to 9.09% | Up to 1.31% | 0.90% |
| 6-11 | 9.30% | 2.05% | 1.25% | Up to 9.51% | Up to 2.06% | 1.15% |
| 12-17 | 9.50% | 2.55% | 1.85% | Up to 9.50% | Up to 2.55% | Up to 1.85% |
| 18-23 | 9.40% | 2.90% | 2.15% | Up to 9.19% | Up to 2.88% | Up to 2.14% |
| 24-35 | 9.40% | 2.95% | 2.45% | Up to 9.00% | Up to 2.91% | Up to 2.42% |
| 36 | 9.40% | 3.00% | 2.65% | 8.63% | 2.91% | 2.58% |
EXPLORE MORE DEPOSITS
PLACE YOUR AVAILABLE FUNDS FOR A FIXED TERM
- Minimum amount - 500 GEL/ USD/ EUR;
- Term Deposit is opened in a fixed amount and for predefined period
ACCESS YOUR FUNDS WHENEVER YOU NEED THEM
- For opening Savings Account FlexSave is not requested minimum amount
- Period - Savings Account is opened for unlimited time
- 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
A SECURITY THAT CERTIFIES A BANK DEPOSIT
- CDs yield high interest rates
- 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
FREQUENTLY ASKED QUESTIONS
How much money is required to open a deposit?
A Savings plan deposit can be opened with no minimum initial contribution.
How often should contributions be made, and what is the minimum amount?
Additional contributions to the deposit can be made without limitations, at intervals of your choice.
SAVINGS ACCOUNT
Savings Deposit Terms
| Currency | Nominal Interest Rate | Effective Interest Rate* |
| GEL** | 6% | 6.17% |
| USD*** | 1% | 1% |
| EUR** | 0.5% | 0.5% |