Deposits


VTB Bank (Azerbaijan), along with a high level of service, offers corporate clients special rates and a wide range of services and products. Due to deposit products created for legal entities, you and your company can store and increase your capital in a reliable bank on very favorable terms.

Currently VTB Bank (Azerbaijan) offers the following deposit product for legal entities

Deposit «Classic»

 
Deposit currency AZN, USD
Minimum deposit amount
30 000 AZN/17 000 USD
Deposit term
from 90 till 1095 days (included)
İnterest rate Deposit rates for business are considered individually
Accrual and payment of interest
daily, on 360/30 day basis. Transfer of interest - quarterly /at the end of the fixed term for client's choice
Deposit replenishment
not provided
Partial withdrawal not provided
Interest accrual procedure in case of early termination of the agreement In case of deposit termination prior to 180 days from the deposit start date no interest is paid. In case of termination of the agreement after 180 days bank deducts 50% from interest accrued on the current date.
 Automatic prolongation Provided.

Interest rates table

Depozit term
(In calendar days)
Annual interest rate
(Payment of interest on the quarterly basis)
Annual interest rate
(Payment of interest at the end of the term)
AZN USD AZN USD
Till 90 days (including) Individually - Individually -
Till 180 days (including) 2.5 % 0.08 % 6 % 0.1 %
Till 270 days (including) 5 % 0.15 % 6.5 % 0.2 %
Till 365/366 days (including) 5.5 % 0.25 % 8.5 % 0.3 %
Till 731 days (including) 7.1 % 0.35 % 9.5 % 0.4 %
Till 1095 days (including) 8.0% - 10.0% -