About the deposit
There is a possibility of short-term (from 3 to 6 months), advance earnings and additional funds during the deposit period.
1. Deposit Name |
"Joziba" |
2. Deposit Currency and Method of Payment |
Accepted in cash and non-cash forms in national currency |
3. Deposit Term |
from 3 to 6 months |
4. Annual Interest Rate on the Deposit |
17.5%-18.5% (RF*+4) |
5. Interest Capitalization (recalculation of interest by adding accrued interest to the principal amount) |
No |
6. Deposit Return Conditions |
The deposit is returned in the form it was originally made. |
7. Minimum Deposit Amount |
1,000,000 sum |
8. Maximum Deposit Amount |
No limit |
9. Interest Payment Frequency |
Interest is paid monthly, either in cash or non-cash, as per the client's preference. |
10. Method of Deposit Registration |
Through regional or integrated service centers |
11. Ability to Add Funds |
Available |
12. Partial Withdrawal Before the End of the Term |
Not available |
13. Early Termination of Deposit Agreement |
For the 3-month deposit: If withdrawn before 1 month, interest is not paid. Any paid interest will be recalculated and deducted from the principal amount. - For 1-2 months, 11% annual interest is paid for all full months. No interest is paid after the deposit term ends.
For the 6-month deposit: If withdrawn before 1 month, interest is not paid. Any paid interest will be recalculated and deducted from the principal amount. If withdrawn after full: - For 1-2 months, 11% annual interest is paid; - For 3-5 months, 16% annual interest is paid for all full months.
No interest is paid after the deposit term ends. |
RFR is the current refinancing rate of the Central Bank.