| Increasing Future Deposit |
|
What is Increasing Future Deposit? 
Increasing Future Deposit is a completely new type of deposit in the Georgian banking market, which enables you to save your money and receive a high rate of interest, as well as a guaranteed loan from the bank (at our lowest lending rate) in accordance with the amount accumulated by you.
You can choose the amount of monthly savings yourself and this amount is fixed for the duration of the deposit agreement
The amount of the monthly installment on your deposit is unlimited.
Deposit interest rate:
|
PERIOD (in months) |
GEL |
USD |
EURO |
|
6 |
9.25 |
6.25 |
5.25 |
|
7 |
9.25 |
6.25 |
5.25 |
|
8 |
9.25 |
6.25 |
5.25 |
|
9 |
9.50 |
6.25 |
5.50 |
|
10 |
9.50 |
6.25 |
5.50 |
|
11 |
9.50 |
6.50 |
5.50 |
|
12-17 |
9.75 |
7.25 |
5.75 |
|
18-23 |
10.00 |
7.25 |
5.75 |
|
24 |
10.25 |
7.25 |
6.25 |
Bonus for the Owners of Increasing Future Deposits (only for physical persons):
From now on, you, as a depositor, can get a guaranteed loan from Basisbank (without any documents about your incomes), the amount of which will be defined in accordance with the total amount of your minimum installments.
- According to the deposit agreement, a depositor is guaranteed to get a loan from the bank on maturity of the deposit. The loan will be equal to the total amount deposited during the term of the deposit agreement:
For example: If a client’s minimal savings amount to GEL 100 for six months, by the end of the deposit term, he/she will be able to withdraw the deposit + accrued interest and in addition, the bank will issue a guaranteed loan of GEL 600 repayable over 6 months
Loan conditions:
- Minimum monthly savings for a guaranteed loan is GEL 100;
- Three types of purpose-oriented loans are issued: consumer, mortgage and auto loans.
