Savings Deposit Terms
| Deposit opening | Free |
|---|---|
| Minimum Initial deposit | 5 units |
| Deposit currency | GEL, USD, EUR |
| Deposit term | Lifetime |
| Depositing Funds | Unlimited |
| Minimum balance required for interest accrual | 500 units |
| Withdrawal terms | Once per month |
| Accrual 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?
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.
Contact us:
- Phone: 032 255 00 00
- Email: info@terabank.ge
Interest rates
Annual Interest Rates
| GEL | USD | EUR |
|---|---|---|
| 3.00% | 0.80% | 0.30% |
Effective Interest Rates*
| GEL | USD | EUR |
|---|---|---|
| 3.04% | 0.80% | 0.30% |
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.
What happens in case of a savings deposit violation?
The savings account has no cancellation terms. You can freely access money on the account, without any barriers.
