Basisbank
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Increasing savings deposit
 
If opening the increasing savings deposit, you are eligible to define the monthly deposit amount and period between 6-24 months with yourself.

 
Terms of deposit:                   

·    Opening the account and transactions are free of charge;

·    Depositor chooses a monthly savings amount, however it can not be less than 10 GEL / 10 USD / 10 EURO;

·    Minimal balance accrued by the interest is 10 GEL / 10 USD / 10 EURO ;

·    The savings period is selected by the depositor (no less than 6 and no more than 24 calendar months);

·    Depositor is obligated to pay monthly installment. Failing to pay is allowed only once; otherwise the contract shall be terminated;

·    In case of termination of the contract before the expiration of the term, the annual interest of 1.5% will be accrued to the deposited amount;

·    Depositor is eligible to loan at deposit interest rate + 4% annual yield;
Deposit interest rate:

Term (month)

GEL

USD

Euro

6

9.50

6.00

5.00

7

9.50

6.00

5.00

8

9.50

6.00

5.00

9

10.50

6.50

5.50

10

10.50

6.50

5.50

11

10.50

6.50

5.50

12-17

12.00

7.50

6.50

18-23

12.00

7.75

6.75

24 თ

12.00

8.00

7.00

 
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