Inecobank_business_deposit

Deposits for your business! Start saving today!

Let your business funds generate income! Invest your free funds in Inecobank's business deposit accounts and get a stable income for your business development. Regardless of the savings aim, our professional specialists will introduce you the most personalized and your business-oriented deposit option.
Maturity period (month) / Interest rate (%)
Maturity period (month)
Interest rate (%)
6-8
7%
9-11
8%
12
8.9%
Minimum amount
200 000

Deposit replenishment / withdrawal 

Not allowed

Deposit termination

In case of withdrawal of funds available on the deposit account earlier than stipulated by the Deposit Agreement, a recalculation will be applied for the accrued interest at 0% interest rate. 

Maximum amount of one depositor's gross deposit/s
  • AMD 25 000 000
  • USD 50 000
  • EURO 50 000

Deposit interest calculation example:

Deposit amount: AMD 1 000 000

Maturity period: 12 months (365 days)
Interest repayment: at the end of the maturity period

Annaul simple interest rate: 8.4%


 AMD 1 000 000 X  8.4% X 365*(days)

-----------------------------------------------------  = AMD 84,000

                               

Total interest՝ 84,000 AMD


Annual percentage yield: 8.4%

Updated as of 10.05.2024 15:40