Standard Earning Deposit
To save money...To reach your goal.. To increase the number of our assets. Sometimes unplanned costs do not allow it. You should make saving not after, but before spending money. We offer you opportunities both for collecting your money and for earning income from the collected money.
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Annual interest rates for term deposits |
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Period |
Amount |
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1000 – 5,000,000 |
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|
AZN |
USD |
EUR |
|
|
1 month |
2,50% |
0,05% |
0,05% |
|
3 month |
3,00% |
0,10% |
0,05% |
|
6 month |
3,75% |
0,15% |
0,05% |
|
9 month |
4,50% |
0,20% |
0,10% |
|
12 month |
5,50% |
0,35% |
0,10% |
|
24 month |
5,50% |
0,40% |
0,10% |
|
36 month |
5,50% |
0,50% |
0,10% |
** INFORMATION ABOUT THE INSURANCE
According to the Decision of the Board of Trustees of the Azerbaijan Deposit İnsurance Fund, maximum limit of the interest rates for the bank deposits insured by the Fund has been defined up to 12% annual for AZN deposits , and up to 2.5% annual for the deposits in foreign currency. From April 5, 2021, in case of insurance event, payment of compensation will be considered in the amount of 100 percent of the insured deposit in each participating bank, but not more than 100 (one hundred) thousand manats
· From February 1, 2023 the annual interest income paid for the deposit of individual customers will be subject to income tax according to the Tax Code
