So, customers who place a “Double Benefit” deposit receive a gift from Bakı Sığorta.
- • Accident insurance covers more than 300 types of insurance events in the amount of the total deposit amount
- • 50% discount on KASKO insurance for a car, for yourself or your relatives and friends.
- • 10-day travel insurance to any country in the world for the duration of the deposit
- A deposit in Bank Respublika can be made both in your own name and in the name of a child or a third party. This factor does not affect the deposit interest rate.
- • The offer applies only to deposits in the amount of 15,000 - 100,000 manat.
Deposit Insurance
Bank Respublika is a member of the Deposit Insurance Fund, established according to the state law “On deposit insurance”. All deposits at Bank Respublika are insured based on conditions and regulations of the Fund.
Conditions for early/premature withdrawal of deposit
The depositor may withdraw his deposit from the Bank before maturity. In this case, the Bank will return the whole amount of the deposit in no more than 5 business days, which is also reflected in the deposit agreement.
Accrued interest in event of premature withdrawal of the deposit will be paid to the client depending on the actual term of the deposit. If the actual term of the deposit is:
- 90 days and less – accrued interest will not be paid
- 91 – 365 days – 10 % of the accrued interest will be paid
- 366 days and more – 20% of the accrued interest will be paid
Months |
Monthly |
Upon maturity |
12 |
7,5% (annual) |
8,0% (annual) |
24 |
7,5% (annual) |
8,0% (annual) |
36 |
7,5% (annual) |
8,0% (annual) |