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CartuBank

CartuBank


A term deposit account with Cartu Bank ensures safety and a high interest to your savings.

 

Deposit conditions

  • Deposit amount
    • Min – 1,500 GEL | 1,000 USD/EUR
  • Deposit term
    • Min term – 3 months
    • Max term – 24 months
  • Interest withdrawal – in advance, at the end of month/term
  • Deposit term breach - In case of breaching the deposit (no less than six months after opening the deposit), half of the interest rate applicable by the bank for the on-demand deposit in the moment of breach will be accrued.

 

ANNUAL INTERET RATE IN CASE OF THE WITHDRAWAL AT THE END OF THE TERM
Term GEL USD EUR
3 - 5 months 7.25%   1.50%  0.1%
6 - 8 months 8.25%  2.00% 0.25%
9 - 11 months 8.75% 2.75% 0.75%
12 - 14 months 9.20%   3.35%   1.25%
15 - 17 months 9.50% 3.50% 1.25%
18 - 20 months 9.75% 3.75% 1.75%
21 - 23 months 10.00%  3.75% 1.75%
24 months 10.25% 4.00% 2.00%

  • In case of interest withdrawal on a monthly basis, 0.5% in GEL and 0.25% in USD, will be deducted from given Annual Interest rates. 
  • In case of interest withdrawal in advance, 1.5% in GEL and 0.75% in USD, will be deducted from given Annual Interest rates. 
  • In case of non-resident persons, Interest rate is different.
  • If the deposit amount exceeds 2,000,000 GEL/1,000,000 USD/EUR, the interest rates are determined individually.

 

 Effective intereset rates:

  • GEL - 7.9792% - 9.7848%
  • USD - 1.5085% - 3.9251%
  • EUR - 0.1% - 1.9809%

 

During the deposit term, you will be given:

From January 1st, 2018, the Bank is a member of a deposit insurance system established in Georgia in accordance with the Law of Georgia on Deposit Insurance System, whereas in case of insurance event, each individual depositor is entitled to receive a compensation from the Deposit Insurance Agency, within the limit of 15,000 GEL. The amount above the limit shall be compensated as provided under the effective legislation of Georgia.

For more information on deposit insurance system, visit web site at: www.diagency.ge 

 

For more information, please call us 24 hours a day at *8080; (+995 32) 200 80 80 or visit the nearest service center. 

Term deposit

Annual Percentage Rate
Accrued amount
Amount at the end of the deposit term