Term Deposit

High yield, reliable protection of savings and possibility to receive benefits in advanca, monthly or at end of the term - this is the advantage of Term Deposit

Term Deposit Basic Conditions:

 

  • Opening deposit and maintenance - free
  • Term of deposit - 3 - to 24 months
  • Deposit currency - GEL / USD / EUR
  • The minimum amount to open deposit  - 100 units
  • Receiving accrued interest rate - end of the term or every month
  • Adding amount to the deposit - not possible

Annual interest rates for Term Deposit, subject to interest rates, when removed at the end of the term*:

Period (in month) GEL USD EUR
3  8.50%  3.50%  3.75% 
4  9.00%  3.75%  4.00% 
5  9.50%  4.25%  4.25% 
6  10.00%  4.50% 4.75% 
7  10.50%  4.75%  5.00% 
8  11.00%  5.00%  5.25% 
9  11.50%  5.25%  5.75% 
10  12.00%  5.75%  6.25% 
11  12.50%  6.25%  6.50% 
12  13.00%  6.50%  7.50% 
13 - 17  13.50%  7.50%  7.50% 
18  13.50%  7.50%  7.50% 
19 - 24  13.50%  7.50%  7.50%






Liberty Bank offers loans at favorable rates to Term Deposit holders: annual interest on the deposit +4.00%



*Additional conditions:

   accrued interest:
  • In case of monthly withdrawal the annual interest figures shown in the table will decrease by 0.50%
  • in case of withdrawal in advance:
                  Deposit if up to 12 - month term will accrue 1.00% - less interest than specified in table
                  12 month term deposits will accrue 2.00% - less interest than specified in table
                  13 - to 18 - month deposit will accrue 3.00% - less interest than specified in table

   In US Dollars:
  • Deposits of up to 18 months will accrue 1.00%l ess interest than specified in table
  • Term deposits of 18 month s or more willaccrue 1.50% - less interest than specified in table
  • Euro deposits will accrue 1.00% - less interest than specified in table

   In case of termination before the end of Depodit Agreement:
  • Guring first 30 days - interest rates will no be transferre
  • Atfter the first 30 days - deposit will accrue annual 2.00% for the actual period of the deposit ammount in the bank

  

  






































Updated 2013-05-23 10:33:50
 
1.6200 1.6490
2.0630 2.1380
2.4050 2.5100
0.0491 0.0540
 
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