Accumulation

Period

ayadək

Annual interest rate

-dək

Minimal amount

AZN

Table

Müddət	AZN	USD	EUR*
12 ay	8 %	-	-

Müddət	AZN	USD	EUR*
12 ay	7 %	-	-

Additional information

General info Premature withdrawal of deposit

— Depozit principal amount : 50 AZN;
— Period: 12 ay;
— Increase of principal amount provided;
— Minimal amount of increase : 10 AZN;
— Interest Accumulation Scheme: Compound Interest. Interest accrued on the principal amount as well as on the previously accrued interest amount;

— Interest accumulation: on maturity;

— When the deposit expires, it is automatically extended for a period equal to the main one;

— Upper limit of the annual interest rate on insured deposits is 12% in national currency and 2.5% in foreign currency;
— Terms of deposit insurance;

— Bonus is payable if a customer supplements its depozit principal amount with additional funds on a monthly basis during the term of the deposit agreement;

— If the amount of deposits for 1 customer is more than 1 million, a deposit can be opened only with individual interest;

— According to the AR Tax Code, after 01.02.2023, 10% of the annual interest income paid on savings, "Topla" and card balances is taxed. According to the legislation, after 01.01.2024 certain privileges is applied in taxing. Details here.

e) If the deposit expires up to 0-90 days, the withdrawal of the deposit will be with the annual interest rate 0(zero);

f) If the deposit expires up to 91-180 days, the withdrawal of the deposit will be at an interest rate of 20% of annual interest rate;

g) If the deposit expires up to 181-360 days, the withdrawal of the deposit will be at an interest rate of 30% of annual interest rate.

General info

— Interest accumulation: on maturity;

— When the deposit expires, it is automatically extended for a period equal to the main one;

— Upper limit of the annual interest rate on insured deposits is 12% in national currency and 2.5% in foreign currency;
— Terms of deposit insurance;

— Bonus is payable if a customer supplements its depozit principal amount with additional funds on a monthly basis during the term of the deposit agreement;

— If the amount of deposits for 1 customer is more than 1 million, a deposit can be opened only with individual interest;

Premature withdrawal of deposit

e) If the deposit expires up to 0-90 days, the withdrawal of the deposit will be with the annual interest rate 0(zero);

f) If the deposit expires up to 91-180 days, the withdrawal of the deposit will be at an interest rate of 20% of annual interest rate;

g) If the deposit expires up to 181-360 days, the withdrawal of the deposit will be at an interest rate of 30% of annual interest rate.

General info

— Interest accumulation: on maturity;

— When the deposit expires, it is automatically extended for a period equal to the main one;

— Upper limit of the annual interest rate on insured deposits is 12% in national currency and 2.5% in foreign currency;
— Terms of deposit insurance;

— Bonus is payable if a customer supplements its depozit principal amount with additional funds on a monthly basis during the term of the deposit agreement;

— If the amount of deposits for 1 customer is more than 1 million, a deposit can be opened only with individual interest;

Premature withdrawal of deposit

e) If the deposit expires up to 0-90 days, the withdrawal of the deposit will be with the annual interest rate 0(zero);

f) If the deposit expires up to 91-180 days, the withdrawal of the deposit will be at an interest rate of 20% of annual interest rate;

g) If the deposit expires up to 181-360 days, the withdrawal of the deposit will be at an interest rate of 30% of annual interest rate.

Calculator

Deposit amount

Currency

AZN

USD

Deposit period

month

Monthly increase

Total amount

0 AZN

Annual interest

Deposit guaranteed loan

Annuity-based cash loan Cash Loan with a free timetable Card Loan

— The amount – max 80% of the deposit amount.
— The annual rate of interest – the rate of interest of your deposit + 3% in national currency/ + 3% in foreign currency.
— The payment timetable – annuity-based.

— Term: maximum up to the end of the deposit

*1% loan processing fee is charged for the deposit guaranteed loan.