«Advanatageous» Deposit

 

Deposit «Advantage» gives you wide discretion. This deposit is a good method of saving your money.
Deposit currency
AZN/USD/RUB
Minimum deposit amount
100 AZN/USD/5000 RUB
Deposit term
3, 6, 12, 24 months
Interest rate
according to the following table
Interest accrual
Daily on 360/30 day basis, no capitalization of interest accrued
Transfer of accrued interest
Monthly or  at the end of the term
Deposit replenishment
Not provided
Early termination of the agreement and deposit account closing
1. In case of early deposit termination prior to 3 months in currency of AZN/ to 6 months in currencies of USD/RUB from the deposit start date no interest is credited.
2. In case of termination of the agreement after 3 months in currency of AZN/ to 6 months in currencies of USD/RUB from the deposit start date bank deducts 50% from interest accrued on the current date.
Our bonuses
Deposit plastic card issued free
Free SMS Notification Service
Automatic prolongation
Provided

Table of interest calculation:

Deposit term
(in months)

Annual interest rate
(Payment of interest on the monthly basis)

Annual interest rate
(Payment of interest at the end of the term)

AZN

USD

RUB

AZN

USD

RUB

3

3,4%

-

-

3,5%

-

-

6 5,3% 1.2% - 5,5% 1.3% -

12

10%

2.2%

3*/3,5%

10,5%

2.3%

3*/4%

24 9,5% 1.9% 3*/4,5% 10% 2% 3*5%

*According to conditions of the Azerbaijan Deposit Insurance Fund, the maximum interest rate on the insured foreign currency deposits constitutes 3%, in national currency – 15%.

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