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.
- Currency - GEL / USD / EUR;
- Minimal amount - 5 GEL / 5 USD / 5 EUR;
- Maximal amount – no limit;
- Minimal Monthly Installment - not required;
- Term - minimum 3 month - until adulthood;
- Accrual of the interest rate is made once a year after one year from the deposit opening;
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
Please be informed, that from January 1, 2018 the bank is involved Deposit Insurance System, elaborated on basis of the Georgian Law of "Deposit Insurance System”. Deposit/account balance of depositary natural person in every commercial bank will be reimbursed by the Deposit Insurance Agency in amount of 5,000.00 GEL despite of number of deposits/accounts. The remaining will be reimbursed according to the legislation currently in force.
For further information please, visit the website of LEPL Deposit Insurance Agency: www.diagency.ge