Effective interest rate on deposits

Home

THE WEBPAGE IS IN TEST MODE

A deposit is an amount of money, which is deposited by the user in the bank for a specified period or indefinitely, accruing interest over time. This page presents the effective interest rates for different types of deposits offered by commercial banks operating in Georgia. The effective interest rate includes both the interest earned on the deposit and all required costs associated with it. By comparing effective interest rates, you can choose the best option for saving money. For additional information about deposits and related interest rates, please visit the following webpage.

⚠️ The information and terms presented on this website are based on data provided by commercial banks to the National Bank of Georgia and may be updated at any time. Before conducting a transaction, please verify the effective inerest rate and the applicable terms and conditions directly with your chosen commercial bank.

Bank

Currency

Deposit Type

Annual effective interest rates on deposits

Bank

Currency

Term deposit*

3 month
6 month
12 month

Demand deposit**

Daily
Monthly minimum

Bank of Georgia

1 %
0 %
8.83 %

1.20 %
0 %
9.04 %

1.50 %
0.25 %
9.25 %

-9.25 %
-9.27 %
-8.72 %

Basisbank

2.22 %
1 %
9.31 %

2.52 %
1.25 %
9.52 %

3.2 %
1.8 %
9.81 %

1 %
0.5 %
6.18 %

Cartu Bank

1 %
0.25 %
7.71 %

2.01 %
0.75 %
8.68 %

3.25 %
2.25 %
10.5 %

0.05 %
0 %
5.64 %

Credo Bank

1.81 %
-
9.97 %

2.21 %
1 %
10.22 %

3.10 %
1.50 %
10.30 %

-1.10 %
0 %
3.87 %

-0.36 %
-0.41 %
-0.25 %

Is Bank

2.2 %
1.1 %
10.4 %

2.5 %
1.4 %
10.6 %

3.0 %
1.6 %
10.8 %

Khalyk Bank Georgia

1.61 %
1.51 %
8.51 %

2.62 %
2.26 %
8.68 %

5 %
3.5 %
10 %

1.26 %
0.25 %
5.13 %

1.25 %
0.25 %
5.13 %

Liberty Bank

1.41 %
0 %
9.20 %

1.71 %
0.40 %
9.51 %

2.00 %
1.50 %
9.80 %

0.50 %
0.25 %
4.15 %

0.05 %
0.03 %
0.90 %

Pasha Bank Georgia

1.61 %
0.60 %
9.47 %

2.11 %
1 %
10.04 %

2.65 %
1.55 %
10.20 %

0.98 %
0.34 %
6.25 %

Procreditbank

1.41 %
1 %
9.41 %

2.16 %
1.35 %
9.83 %

2.65 %
1.95 %
9.80 %

1 %
0.5 %
6.17 %

Silk Bank

1.36 %
0 %
7.29 %

1.51 %
0 %
9.20 %

1.80 %
0 %
9.50 %

1.26 %
0.10 %
10.20 %

TBC Bank

1 %
0.1 %
8.77 %

1.2 %
0.3 %
8.99 %

1.4 %
0.4 %
9.25 %

-1.14 %
-
-0.78 %

-0.95 %
-0.94 %
-1 %

Tera Bank

2.27 %
1.10 %
10.60 %

2.31 %
1.25 %
10.83 %

2.80 %
2 %
10.70 %

0.80 %
0.30 %
3.04 %

Ziraatbank

2.01 %
1 %
6.14 %

3.02 %
1.51 %
6.61 %

2.02 %
1.01 %
6.17 %

*Term deposit – a deposit placed for a specific term, on which interest is accrued at the end of the corresponding period; early withdrawal is possible, but with reduced interest.

**Demand deposit – an immediately accessible deposit on which interest is accrued at the end of the calendar month, based on either the average daily balance during the month or the minimum balance during the month. Daily – The effective interest rate is calculated assuming that interest is accrued based on the account balance at the end of each day. Monthly minimum – The effective interest rate is calculated assuming that interest is accrued based on the minimum account balance maintained during the month.

***Certificate of Deposit – a deposit placed for a specific term, on which interest is accrued at the end of the corresponding period; early withdrawal is not possible without the bank’s consent.