Term deposit

Guaranteed interest rate up to 2,25 % p.a.
for the entire term of the deposit.

You know your return in advance

You save the money for a predetermined period of time. You will receive a fixed interest rate. Your deposits are legally insured.

Term deposit with no fees

You don't pay anything for setting up and maintaining an account, you also get statements for free. You don't even have to have a Current account with us.

One withdrawal outside the due date

You can withdraw up to 25 % of the principal outside of the maturity date (i.e. the day when the period for which you arranged the account expires) and it will have no impact on the interest on the deposit.

You set up a deposit for a predetermined period of time - you put the money aside and let it earn interest

  • How does Term deposit work? You save your free money on it for a predetermined period of time, thanks to which you will then reach the given interest rate.
  • Your deposited money will always earn you the same interest through a fixed interest rate. On the maturity date (Term deposit termination date), you will receive it back together with the interest.

The interest rate of the Term deposit depends on the time your money is deposited

The stated interest rates are annual (p.a.).

Term deposit calculator

Calculate how much you will save

The calculation is only informative. The interest rates are annual.

Open a Term deposit

Online in George

Open a Term deposit from the comfort of your home in George internet banking.

Download George app

Install George mobile banking and open a Term Deposit simply using BankID.

Visit the branch

Make an appointment in advance at the nearest branch so you don't have to wait. We look forward to seeing you!

When is a good time to open a Term deposit?
  • If you have extra free money to valorize.
  • And if you are sure that you will not need the deposited money for the entire period of the deposit.

It's up to you how long you want to save your money on a Term deposit
  • You can withdraw part of the money or even all of it without affecting the interest only on the day of renewal. If the renewal day is not a working day, you can make the withdrawal on the next working day.
  • You can make a withdrawal from the Term deposit or cancel it even outside the maturity date. However, it will have an impact on the interests.

Comparison of Term deposit and Savings account

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Where to next?   Savings account  |  Savings account for children