Visit "Silk Road Bank” JSC, open the Demand Deposit and make sure that it is better with us!
The interest rate is charged in compliance with "Complicated interest rate rule” and is added to the principle deposit amount at the end on the last day of every month;
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
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.
* Minimum balance - Minimum amount with interest rate to be charged
** The calculation of the effective interest for the full amount of the deposi
*** The calculation of the effective interest rate is as follows: The Client opens the Demand Deposit with 1000 units and deposits on the account for 12 months.
In case you are interested in obtaining detailed information on any of our products please contact us at 2 242 242, or visit our branch.
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