Target Deposit
Open a target deposit and add an electronic money box - save money for your own goals. Money can be saved by contributions of the desired volume. Each deposit will be accrued at a high-interest rate.
For saving money on the target deposit faster and more efficiently, you can register the automatic saving service - "Electronic money box"
Please be informed that from 12.06.2023 Deposit interest rates in GEL have been changed. In case of automatic extension the conditions and rates valid at that moment in the bank will be applied to the deposit.
- Deposit currency - GEL, USD, EUR
- Minimum deposit - 10 (GEL, USD, EUR)
- Mandatory monthly deposit - not required
- Deposit term - 3-24 months
- Interest withdrawal – at the end of the term
- In case of early withdrawal of the deposit: Lari - interest is accrued on the deposit at the rate of -2% for the completed months. Other currency - no interest is accrued
- High-interest rate;
- Mandatory monthly deposit - not required;
- Saving money with electronic money box;
- The best condition in case of termination of the deposit opened in GEL
In accordance with the Law of Georgia "On the Deposit Insurance System", from January 1, 2024, funds available in the deposit/account of all deposit holders, regardless of the number of deposits/accounts, is insured in each commercial bank and microbank and will be reimbursed by the Deposit Insurance Agency within the limit of 30,000 GEL. The funds in all accounts of all deposit holders in commercial banks and microbanks is automatically insured without any additional cost. For more information, see the website of the Deposit Insurance Agency: www.diagency.ge
| TERM | GEL | USD | EUR | |||
| NOMINAL | EFFECTIVE | NOMINAL | EFFECTIVE | NOMINAL | EFFECTIVE | |
| 3-5 months | 10.20% | 10.66% | 1.90% | 1.93% | ||
| 6-8 months | 10.35% | 10.58% | 2.35% | 2.36% | 1.60% | 1.61% |
| 9-11 months | 10.65% | 10.76% | 2.45% | 2.46% | 1.75% | 1.75% |
| 12 months | 10.80% | 10.82% | 2.60% | 2.60% | 2.50% | 2.50% |
| 13-14 months | 10.80% | 10.74% | 2.70% | 2.70% | 2.50% | 2.50% |
| 15-17 months | 10.80% | 10.65% | 2.80% | 2.79% | 2.65% | 2.64% |
| 18-20 months | 10.80% | 10.53% | 2.90% | 2.88% | 2.80% | 2.78% |
| 21-23 months | 11.00% | 10.60% | 3.00% | 2.97% | 2.80% | 2.77% |
| 24 months | 11.20% | 10.70% | 3.10% | 3.06% | 2.80% | 2.76% |