Through child deposit you can start thinking about your children’s future from today! With minimum efforts you will be able to secure your children’s education, or conditions necessary for their comfortable living. Come to the BTA Bank and open child deposit and bank better with us!
Advantages of Child Deposit :
- High interest rate ;
- Complicated rule of interest accrual
- Law minimum margin of monthly installments
- Law minimum amount for opening deposit
- automatic transfer services during the deposit tenure
- Settlement (current) account
- currency –GEL/USD /EURO
- The deposit is opened in child’s name;
- Monthly installments : 20 GEL, 10 USD, 10 EURO
- Minimum period: 24 months
- Maximum period : till the maturity
- Minimum deposit amount – 50 GEL, 40 USD. 40 EURO
| Currency | GEL | USD | EUR |
| for 24 month |
14.00% + 2% |
9.50% + 2% |
9.00% + 2% |
| more than 24 months | Rates are same for 2 years | ||
- Given interest rate is not subject to change within 24 months from the date of opening. Interest rate existing in the bank by that period is charged upon maturity date.
- Complicated rule of interest accrual implies adding accrued interest on principle amount once a year.
Service fees:
- Opening of deposit --free of charge
- Servicing of deposit -- free of charge
- Placement and withdwaral of amount from account - free of charge
Additional terms:
In case of non-cash transfer withdrawal from deposit account is made in accordance with the standard bank fees;
In case of non-cash transfer withdrawal from deposit account is made in accordance with the standard bank fees;
In case you are interested in obtaining detailed information on any of our products and calculation of effective interest rate
,
please contact us at
8 32 2
242 242, or visit any branch of the BTA Bank and be sure that with us is better!
