"SARI" DEPOSİT
1. “Sarı” type of deposit can be accepted in Azerbaijani manat and US dollar.
2. This deposit is accepted for 1 year duration.
3. The minimal amount of accepted deposit is AZN/USD 500.
4. The deposit can be withdrawn earlier by the customer.
5. “Sarı” type of deposit ensures following annual interest rates depending on duration of deposit:
Duration | AZN | USD |
| First 3 months (1 – 90 days) | 3% | 2,5% |
| Second 3 months (91 – 180 days) | 5,5% | 5% |
| Third 3 months (181 – 270 days) | 7% | 6,5% |
| Fourth 3 months (271 –359 days) | 9,75% | 9,25% |
| Annual (360 days) | 11% | 10,5% |
6. The defined amount of interest percentage can be withdrawn jointly with the whole amount of deposit only.
7. At his/her own discretion, the holder of “Yellow” type of deposit can get opened one year long loan card at the level of 70% of owned deposit.
In this case,
- Due to loan use, interest rate is not deducted up to the thirtieth day of the month in which the loan line is opened;
- Loan line is kept open till the date of expiry of the deposit contract.
- In case of non payment of a loan, annual interest rate is defined at the level of 25% starting from the first day of next month;
During the validity period of the contract, once a loan line is used several times, the same rules apply each time.
If interest yield is not paid for using a loan line, it can be withheld from annual percentage yield or deposit of a customer.
8. Following expiry of the duration of contract, the deposit contract is extended automatically for the same period of contract at the basis of interest rate valid for the Bank in that specific period of time.
Deposit calculator
