Deposits

Standard Savings Deposit

We want to save money, achieve our goals, and increase our assets, but unplanned expenses prevent us from doing so. Saving should be done not after spending, but before spending. We offer you the opportunity to both raise your own money and earn income from the money raised.

Annual Interest Rates for Term Deposits
Term
Amount
1000 – 10,000,000 AZN 1000 – 10,000,000 USD 1000 – 10,000,000 EUR
1 Months 5.50% 1.50% 0.25%
3 Months 6.00% 2.00% 0.50%
6 Months 8.00% 2.50% 0.75%
9 Months 9.00% 3.00% 1.00%
12 Months 10.0% 3.50%1.25%
24 Months 10.50% 3.50% 1.25%
36 Months 10.50% 3.50% 1.25%

INFORMATION ABOUT INSURANCE

  • By the resolution of the Board of Trustees of the Azerbaijan Deposit Insurance Fund, the maximum annual interest rates on bank deposits insured by the Fund are set at up to 12% for deposits in AZN and up to 2.5% for deposits in foreign currency. As of April 5, 2021, in the event of an insurance case, compensation will be paid in the amount of 100% of the insured deposit in each member bank, but not exceeding 100 (one hundred) thousand AZN.

  • Starting from February 1, 2023, annual interest income earned on deposits of individuals is subject to income tax in accordance with the Tax Code.

* The amount specified in the above table refers to the total sum of all deposits placed by the customer at Yapı Kredi Bank

Savings Calculator

Deposit Period Annual Interest Rate Monthly Income Income Earned at the End of the Period
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