Term deposits -
bold earners

Everything can be done in a couple of seconds in INDEXO Bank’s mobile app.

1. Open the “Savings” section of the INDEXO mobile app and press the “Add new savings” button;
2. Select “Term deposit” and fill out the application – specify the desired term and amount;
3. Confirm your agreement to the term deposit terms (including the applicable interest rate);
4. Transfer the amount you want to invest to the term deposit account.

That’s all. Now your money is making money on its own.

Choose the level of flexibility you desire for managing your funds and earn the corresponding interest rate. With vaults, you can deposit and withdraw as much and whenever you want, without any application process or fees. It’s personalized to your preferences, allowing your savings to grow effortlessly.

The compound interest approach is applied to INDEXO term deposits – this means that every month not only the principal amount, but also the earned interest is reinvested and generates additional profit.

The interest earned will be calculated on the term deposit amount from the deposit start date to the deposit end date (not included).

Once a month, INDEXO will credit the earned term deposit interest to your term deposit account. This interest will be added to the principal sum of the term deposit and the interest for the next month’s deposit will be calculated from it.

When calculating interest, we apply an annual interest rate and assume that there are 360 ​​days in a year. On the end date of the term deposit, we will credit the amount of the term deposit and accrued interest to your current account.

Remember that personal income tax will be deducted from the interest paid in the amount specified in the legislation.

There is no limit to the number of open term deposits. Open as many as you want!