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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;

Term (month)

GEL

USD

Euro

6

9.00%

7.00%

6.25%

7

9.50%

7.25%

6.50%

8

9.75%

7.50%

6.75%

9

10.00%

7.75%

7.25%

10

10.50%

8.00%

7.50%

11

10.75%

8.25%

7.75%

12-17

11.00%

8.50%

8.00%

18-23

11.50%

9.00%

8.25%

24

12.50%

9.50%

8.50%



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