If you have spare funds and plan not to use for certain period of time, FINCA Bank Georgia Term Deposit is the best choice for you.  

Terms and Conditions

Currency: GEL, USD, EUR

Maturity: from 90 to 750 days

Required min amount for deposit opening: 100 GEL, USD, EUR

Maximum amount: unlimited

Advantages

  • Fixed high interest rate accrued
  • Interest rate is unchanged till the end of maturity date
  • Withdrawal of accrued interest –free of charge
  • Maturity date is defined by the customer
Maturity Interest rate % in case of receiving at the end of maturity date Interest rate % in case of receiving on monthly basis
Day Month GEL – Annual/Effective USD – Annual/Effective EUR – Annual/Effective GEL – Annual/Effective USD – Annual/Effective EUR – Annual/Effective
90-179    3 10.80% / 11.14% 1.00% / 1.50% 0.10% / 0.10 % 10.25%/10.75% 0.85%/0.85% N/A
180-269    6 11.10% / 11.30% 1.50% /  2.00% 0.50% / 0.50% 11.50% / 12.13% 1.25% / 1.26% 0.25% / 0.25%
270-359    9 11.95% /12.01% 2.00% / 2.49% 1.50% / 1.50% 11.50% / 12.13% 1.90% / 1.91% 1.25% / 1.26%
360-449   12 12.50% / 12.38% 2.50% / 2.49% 2.00% / 2.00% 12.15% / 12.85% 2.35% / 2.38% 1.75% / 1.77%
450-539   15 12.50% / 12.20% 2.50% / 2.48% 2.00% / 1.99% 12.15% / 12.85% 2.35% / 2.38% 1.75% / 2.02%
540-629   18 12.50% / 12.02% 2.50% / 2.47% 2.00% / 1.99% 12.15% / 12.85% 2.35% / 2.38% 1.75% /1.77%
630-719   21 12.50% / 11.86% 2.50% / 2.46% 2.00% / 1.98% 12.15% / 12.85% 2.35% / 2.38% 1.75% / 1.77%
720-750   24 12.50% / 11.80% 2.50% / 2.47% 2.00% / 1.98% 12.15% / 12.85% 2.35% / 2.38% 1.75% / 1.77%

Note: Effective interest rate is counted from following scenario: Client opens deposit of 1 000 unit deposit on 01/01/2017 and withdraws interest every following month’s first day.

Maturity Interest rate % in case of receiving at the end of maturity date Interest rate % in case of receiving on monthly basis
Day Month GEL – Annual/Effective USD – Annual/Effective EUR – Annual/Effective GEL – Annual/Effective USD – Annual/Effective EUR – Annual/Effective
90-179    3 6.89% / 7.03%
180-269    6 7.50% / 7.59% 1.16% / 1.16% 7.33% /7.58% 1.01% / 1.02%
270-359    9 8.38% / 8.41% 1.59% / 1.59% 1.20% / 1.20% 8.04% / 8.35% 1.44% / 1.45% 0.95% / 0.96%
360-449   12 9.00%/ 8.94% 1.85% / 1.85% 1.70% / 1.70% 8.46% / 8.80% 1.73% / 1.74% 1.45% / 1.46%
450-539   15 9.00%/8.84% 1.85% / 1.84% 1.70% / 1.69% 8.46% / 8.80% 1.73% / 1.74% 1.45% / 1.46%
540-629   18 9.45%/ 9.17% 1.85% / 1.84% 2.20% / 2.18% 8.55% /8.89% 1.73% / 1.74% 1.70% / 1.71%
630-719   21 9.50% /9.12% 1.85% / 1.83% 2.20% / 2.18% 8.55% /8.89% 1.73% / 1.74% 1.70% / 1.71%
720-750   24 9.50%/9.09% 1.85% / 1.83% 2.20% / 2.18% 8.55% /8.89% 1.73% / 1.74% 1.70% / 1.71%

Note: Effective interest rate is counted from following scenario: Client opens deposit of 1 000 unit deposit on 01/01/2017 and withdraws interest every following month’s first day.

As of 1 January 2018, the Bank is a member of a deposit insurance system established in Georgia in accordance with the Law of Georgia on Deposit Insurance System, whereas in case of insurance event, each individual depositor is entitled to receive a compensation from the Deposit Insurance Agency, up to the maximum insured amount of 5,000 GEL, regardless of the number of deposit accounts kept in each individual bank operating in the territory of Georgia. The remainder shall be compensated as provided under the effective legislation of Georgia.

For more information on deposit insurance system, see web site of LEPL Deposit Insurance Agency: www.diagency.ge

Term Deposit Calculator

(From 3 To 24 Months)

Calculatation

Annual Interest Rate
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Effective Rate
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Accrued Interest
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Total Amount
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Calculation should not be regarded as precise, please consider it as a general calculation.

Term Deposit Calculator

(From 3 To 24 Months)

Calculatation

Annual Interest Rate
NA
Effective Rate
NA
Accrued Interest
NA
Total Amount
NA
Calculation should not be regarded as precise, please consider it as a general calculation.