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Savings Deposit

Open a savings deposit and enjoy flexibility in your investment. Freely withdraw and deposit money from/to your account. The interest will be accrued at the end of each day, based on the account balance.

Term: Unlimited
Currency: GEL, USD, EURO

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Savings Deposit Terms

Opening a deposit		Free
Minimum initial contribution	5 units
Term		Lifetime
Currency		GEL, USD, EUR
Minimum balance required to earn benefits	500 units
Withdrawl Terms	Once per month
Adding funds to the deposit	Unlimited
Accural of interest benefits	Interest is calculated based on the daily balance credited to the deposit account. Benefits are credited once a month, on the first day of each subsequent calendar month

Savings deposit has no breach conditions.

How to open a savings deposit?

Navigate to Offers

Select Deposits

Choose the desired deposit Enter the required information in the appropriate fields.

გადმოწერა

Navigate to Offers

Choose the desired depositEnter the required information in the appropriate fields.

Phone: 032 255 00 00
Email: info@terabank.ge

Interest Rates

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Interest rate in GEL

Annual interest rate	Effective interest rate
3.00%	3.04%

Interest rate in USD

Annual interest rate	Effective interest rate
0.80%	0.80%

Interest rate in EUR

Annual interest rate	Effective interest rate
0.30%	0.30%

Frequently Asked Questions

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Can the depositor access the funds in the account?

Yes, the depositor can access both the principal and the accrued interest of the savings deposit, either in whole or in part.

How is the interest rate calculated?

Interest will be calculated at the end of each day based on the account balance and will be credited on the first day of the following calendar month.