Flex Deposit

Open a Flex deposit, and get high interest over the months, even if you withdraw money untimely.

  • Term: 12 months
  • Minimum amount: 1 000 Units
  • Maximum amount: 300 000 Units

Flex Deposit

A Flex deposit is a term deposit that offers exceptional flexibility. Unlike traditional term deposits, where early withdrawal results in the loss of interest benefits, the Flex deposit allows for early withdrawal with interest accrued corresponding to the actual term. However, the deposit amount cannot be reduced or increased during the contract period.

Open a Flex deposit, and get debit cards for free

Visa/Mastercard Gold

Visa/Mastercard Gold

For term deposits amounting to 10,000 GEL or more. (Or an equivalent amount in a relevant currency, with the rates from National bank of Georgia)

Visa Platinum

Visa Platinum

For term deposits amounting to 100,000 GEL or more. (Or an equivalent amount in a relevant currency, with rates from National Bank of Georgia)

Terms

Minimum Amount 1 000 units
Maximum Amount 300 000 units
Deposit term 12 months

Annual Deposit Rates

Months GEL USD EUR

3-5

9.90%

2.45%

1.45%

6-8

10.00%

2.50%

1.60%

9-11

10.05%

2.55%

1.70%

12

10.10%

3.00%

2.20%

Effective Deposit Rates*

Months GEL USD EUR

3-5

10.36%

2.47%

1.46%

6-8

10.47%

2.52%

1.61%

9-11

10.53%

2.56%

1.70%

12

10.58%

3.00%

2.20%

*Effective interest Rate is calculated on 5 000 unit. 

  • In case of a breach of the deposit terms within one calendar month from the date of opening, a penalty of 0.25% will be charged on the deposit amount.

  • If the breach occurs within three months of opening the deposit, the current savings deposit interest rate applicable at the bank (in the relevant currency) will be accrued on the deposit.

  • In case of a breach of the deposit before the due date, the interest rate for the full months preceding the breach will be accrued on the deposit.

How do I open a deposit?

 
 
Log in to the Internet banking Visit: https://ebanking.ge/login and enter your credentials
 
Navigate to "Offers"
 
Select "Deposits"
 
Choose the desired deposit Enter the required information in the appropriate fields.
 
Log in to Mobile banking and enter your credentials Download with link or Scan QR 
 
Navigate to "Offers"
 
Choose the desired depositEnter the required information in the appropriate fields.

Contact us:

Additional Services

Certificate of Deposit

Certificate of Deposit

Opportunity to invest free money.

Term Deposit

Term Deposit

You can save money in a term deposit for a predetermined period and receive high interest benefits.

Universal Deposit

Universal Deposit

Monthly withdrawals without losing interest benefits.

Royal Deposit

Royal Deposit

A flexible savings deposit card, offering unrestricted access to your funds.

Increasing Deposit

Increasing Deposit

The best way to save-up money with monthly additions and a high interest rate

Deposit Insurance

Deposit Insurance

Ability to securely store and accumulate funds.

Terawallet

Terawallet

Deposit-based digital wallet that helps you to save funds whenever you use your card.

Flex Deposit

Flex Deposit

A particularly flexible time deposit that offers the option to withdraw funds early while earning a high interest rate.

Savings Deposit

Savings Deposit

Unlimited deposit and withdrawal options available.

Child Deposit

Child Deposit

To easily save money until the child reaches adulthood.

Frequently Asked Questions

Didn't find what you're looking for? Send us a question
What interest rates are available for non-residents?

Interest rates for non-residents are determined by individual agreements.

Is it possible to withdraw interest benefits without breaching the deposit?

Yes, if desired, an overdraft secured by a certificate can be opened on the deposit account under standard conditions. Additionally, it is possible to use cash-cover loan. 

Is it possible to change deposit terms after opening it?

Once the deposit is opened, the conditions cannot be altered.

What happens in case of the deposit breach?

If the violation is committed within one calendar month from the date of opening the deposit, a fine of 0.25% will be charged on the deposit amount. If the violation occurs more than three months after opening the deposit, the current savings deposit interest rate of the bank (in the relevant currency) will be applied. In the case of a breach of the Flex deposit, you will still benefit from the interest rate for the full months before the breach.

Got more questions?

info@terabank.ge Send us a message
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