"Choice of term" Deposit

An opportunity to maximize your profits when placing deposit for a 5-year period at high interest rate.

General information

An opportunity to maximize your profits when placing deposit for a 5-year period at high interest rate.


Good to know

  • Deposit amount - from 500 AZN/USD/EUR
  • Deposit period - 60 months
  • Maximum interest rate - 14%

 

Interest rates

Deposit period (months) Payment of interests
AZN
[0 - 3) -
[3 - 6) 2%
[6 - 12) 5%
[12 - 24) 10%
[24 - 36) 11%
[36 - 48) 12%
[48 - 60) 13%
60 14%

Terms

  • Deposit period - 60 months
  • Interest rate - AZN - 14%
  • Minimum amount - 500 AZN/USD/EUR
  • Interest payments - At withdrawal of deposit or at the end of deposit period
  • Adding funds to the deposit - No
  • Partial withdrawal - No
  • Prolonging the deposit period - If a customer does not request repayment of their deposit upon the expiration of the deposit period, the deposit is automatically retained on similar conditions, provided the tariffs and terms and conditions on the date the deposit period expires are identical to those offered by the Bank. Otherwise, deposits are retained under conditions established by the Bank in a unilateral manner.
  • Credit lines - Customers are offered a cash loan or credit card with a line of credit amounting to up to 80% of the amount deposited. The loan interest rate is equal to the deposit interest rate +5% on AZN deposits, +0.9% on USD/EUR.

FAQ

Choice of term deposit calculator

9.50%
  • Monthly interest rate – AZN
  • Total interest amount – AZN