Accumulation - Deposit conditions for savings

Additional information

General info Premature withdrawal of deposit

— Deposit top-up: The deposit can be topped up by a minimum of 10 AZN until the end of the term.
— Additional bonus: If the deposit is topped up by at least 10 AZN every month, an additional bonus is accrued at the end of the term.
— Interest calculation: Interest is capitalized monthly.
— Interest payment: Interest is paid at the end of the term.

— 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;

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

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

2. If the deposit expires up to 91-180 days, the withdrawal of the deposit will be at an interest rate of 10% of annual interest rate;

3. If the deposit expires up to 181-360 days, the withdrawal of the deposit will be at an interest rate of 20% of annual interest rate.

General info

— 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;

Premature withdrawal of deposit

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

2. If the deposit expires up to 91-180 days, the withdrawal of the deposit will be at an interest rate of 10% of annual interest rate;

3. If the deposit expires up to 181-360 days, the withdrawal of the deposit will be at an interest rate of 20% of annual interest rate.

General info

— 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;

Premature withdrawal of deposit

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

2. If the deposit expires up to 91-180 days, the withdrawal of the deposit will be at an interest rate of 10% of annual interest rate;

3. If the deposit expires up to 181-360 days, the withdrawal of the deposit will be at an interest rate of 20% of annual interest rate.

Period	AZN
12 month	9 %

Period	AZN
12 month	8 %