Spend and Save freely!
There is no minimum fixed amount, no time limitations and no monthly installments. Open savings deposit at the Silk Road Bank, withdraw amount from your deposit account any time, return it any time you want and get your guaranteed income.
Visit "Silk Road Bank” JSC, open the saving Deposit and make sure that it is better with us!
Main Terms:
Accrual of interest on the minimum deposit amount fixed within a month as well as on difference between minimum amount and actual daily balance;
Additions terms:
Deposit placed in foreign currency contains quite a high risk. Accrued interest in GEL may be significantly decreased by currency rate fluctuation.
Deposit insurance system
Dear Customers,
From January 1, 2018, the bank participates in the deposit insurance system established on the basis of the Law of Georgia on the Deposit Insurance System. In case of an insurance event, the amount available on the depositor's deposit/account will be reimbursed by the Deposit Insurance Agency within the amount of GEL 15,000 while the remaining amount will be reimbursed in accordance with the current legislation.
For more information, you can visit the website of LEPL - Deposit Insurance Agency: www.diagency.ge.
Interest Rate:
| Currency | Nominal Interest Rate | Efective Interest Rate* | |
|---|---|---|---|
| Min. Balance | Difference between balance | ||
| GEL | 5.00% | 1.50% | 5.60% |
| USD | 0.25% | 0.10% | 0.30% |
* The calculation of the effective interest rate is as follows: The Client opens the Saving Deposit with 1000 units and deposits on the account for 12 months.
