VIP deposit

Opening a VIP deposit account turns your into a VIP customer and provides with additional benefits.

General information

Opening a VIP deposit account turns your into a VIP customer and provides with additional benefits.

Good to know

  • Deposit amount - from 100.000 AZN/USD/EUR
  • Deposit period - 12, 24 and 36 months
  • Maximum interest rate - 12.5%

Interest rates

Deposit period (months) Monthly payment of interest Payment of interest at the end of the deposit period
AZN USD EUR AZN USD EUR
12 10,5% 0,4% - 11,5% 0,3% -
24 10,5% 0,4% 0,25% 11,5% 0,5% 0,5%
36 11,0% 0,6% 0,25% 12,5% 0,7% 0,5%

Terms

  • Deposit period - 12, 24 and 36 months
  • Minimum amount - 100.000 AZN/USD/EUR
  • Interest payments - Monthly or at the end of deposit period
  • In the event of monthly payment, accrued interests are monthly transferred to a gift card that is provided to the client.
  • Adding funds to the deposit - Up until the middle of the deposit period.
  • Partial withdrawal - Interest payments on deposits withdrawn before the end of the deposit period are as follows:
    • annual rate of 2% for AZN deposits, for USD deposits are not paid
    • up until 2/3 of the deposit period: 3% for AZN deposits, for USD deposits are not paid
    • over 2/3 of deposit period: 4% for AZN deposits, 0.05% for USD deposits Minimum amount for withdrawal - 500 AZN/USD/EUR. The deposit amount can be reduced to 100 000 AZN/USD/EUR. No interest payments are accrued on deposits in EUR currency withdrawn before the end of the term. No interest payments are accrued on AZN/USD deposits withdrawn within the first 30 days of adding them.
  • 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 (accrued interests are not automatically added to the amount deposited).
  • For the deposit account opened in manat (also prolonged) with monthly interest payment, customers get VISA Infinite card free of charge. Deposit account opened in manat with payment of interest at the end of the period, the free card is issued when customer opens a line of credit as well.
  • SMS İNFO, SMS Banking service
  • If the amount of deposit exceeds 500 000 AZN/USD/EUR, an international discount card Priority Pass is provided to the client additionally.
  • 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

VIP deposit calculator

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