Increasing Deposit

Increasing Deposit can be opened for a certain period, periodically augment the amount on it and at the same time get the accrued interest.  

Terms and Conditions of Deposit:

  • Deposit opening - free
  • Minimum term of deposit – 6 months, maximum - 24 months
  • Deposit currency – GEL, USD, EURO
  • Minimal Installment: 20 units
  • Utilization of accrued interest is allowed  at the end of every month or at the end of deposit term
  • In case if the deposit is not augmented during the period of 2 calendar months, the deposit will be considered as breached before the due date
  • In case of breaching the deposit the interest rate is - 4% in GELs, 3% in USDs, 2% in EUROs.
IN CASE OF WITHDRAWAL OF ANNUAL INTEREST RATE AT THE END OF THE TERM:

Months Lari USD EURO
6
 8.25%
 7.00% 5.75%
7 8.25% 7.25% 6.25%
8
 8.50% 7.50% 6.75%
9 9.25% 7.75% 7.00%
10 9.25% 7.75% 7.25%
11 9.25% 7.75% 7.50%
12 10.50% 8.50% 8.00%
13 10.50% 8.50% 8.50%
14 10.50% 8.50% 8.50%
15 10.50% 8.50% 8.50%
16 10.50% 8.50% 8.50%
17 10.50% 8.50% 8.50%
18 11.75% 8.75% 8.50%
19 11.75% 8.75% 8.50%
20 11.75% 8.75% 8.50%
21 11.75% 8.75% 8.50%
22 11.75% 8.75% 8.50%
23 11.75% 8.75% 8.50%
24 11.75% 9.00% 8.50%

IN CASE OF WITHDRAWAL OF ANNUAL INTEREST RATE ON A MONTHLY BASIS:

Months
 Lari USD EURO
6
 7.75%
 6.50% 5.25%
7 7.75% 6.75% 5.75%
8
 8.00% 7.00% 6.25%
9 8.75% 7.25% 6.50%
10 8.75% 7.25% 6.75%
11 8.75% 7.25% 7.00%
12 10.00% 8.00% 7.50%
13 10.00% 8.00% 8.00%
14 10.00% 8.00% 8.00%
15 10.00% 8.00% 8.00%
16 10.00% 8.00% 8.00%
17 10.00% 8.00% 8.00%
18 11.25% 8.25% 8.00%
19 11.25% 8.25% 8.00%
20 11.25% 8.25% 8.00%
21 11.25% 8.25% 8.00%
22 11.25% 8.25% 8.00%
23 11.25% 8.25% 8.00%
24 11.50% 8.50% 8.00%


If interested, please contact: (8 22) 55 00 00, or visit any of our branches.

Copyright © 2009 - 2010 KOR STANDARD BANK All Rights Reserved. Created by Neomedia