Increasing Deposit

If you put your company’s money on Cartu Bank Increasing Deposit, you will be able to add money every month and get higher interest.

 

Deposit terms

  • Initial deposit:  
            Min – 50 GEL/USD/EUR

 

  • Monthly deposit:
            Min – 20 GEL/USD/EUR

 

  • Deposit terms:
            Min – 3 months
            Max - 24 months

 

  • Interest withdrawal – at the end of the term
  • Deposit terms breach - Breaching the deposit needs approval from the Bank. In case of breaching the deposit (not less than six months after opening), half of the current interest rate applicable for the on-demand deposit will be accrued
  • 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 will be determined individually.

ANNUAL INTEREST RATE

Term

 GEL

USD

EUR

 

Nominal

Effective

Nominal Effective Nominal Effective
3-5 months
6.25% 6.40% 0.75%
0.75% 0.00% 0.00%
6-8 months
7.25% 7.38% 1.75%
1.76% 0.50% 0.50%
9-11 months
8.00% 8.08% 2.50%
2.51% 1.25% 1.25%
12-14 months
8.50% 8.50% 3.00%
3.00% 1.75% 1.75%
15-17 months
8.80% 8.71% 3.10% 3.09% 1.90% 1.90%
18-20 months
8.80% 8.62% 3.20% 3.17% 2.00% 1.99%
21-23 months
8.95% 8.67% 3.35%
3.31% 2.10%
2.08%
14 months
9.35% 8.95% 3.50% 3.44% 2.25% 2.23%
* Monthly deposit may be failed only once within its term.

 

 During the deposit term, the services below will be free:

            10,001 – 25,000 GEL (or the equivalent) – VISA/MasterCard Gold
            2,001 – 10,000 GEL (or the equivalent) – VISA Classic/MasterCard Standard
            25,001 Gel and more (or the equivalent) – VISA Platinum

 


From January 1, 2018, the Bank participates in the deposit insurance system established based on the Law of Georgia on the Deposit Insurance System. In case of an insurance event, the amount available on the depositor's deposit / account will be reimbursed by the Deposit Insurance Agency within the amount of GEL 30,000, while the remaining amount will be reimbursed in accordance with the current legislation.

For more information visit the website of LEPL - Deposit Insurance Agency: www.diagency.ge

 

You can deposit money to current / card accounts in JSC "Cartu Bank" 24/7 with JSC "Bank of  Georgia" Pay Boxes. For details see link.

 


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