Term deposits with the best rates

Our term deposit is a safe and simple way to earn without risk.

Calculate how much you will earn

Deposit amount

Deposit term and interest rate

3 mon
3.60%
6 mon
3.80%
1 year
4.20%
2 years
4.30%
3 years
4.40%
5 years
4.50%
1 926
Total amount
Start earning
Aprēķins ir informatīvs. Procentu summa ir aprēķināta pirms iedzīvotāju ienākuma nodokļa ieturēšanas (IIN). Noguldījuma nosacījumi ir pieejami INDEXO Vispārējos darījumu noteikumos.
Start earning

This calculation is for informational purposes only. The interest amount is calculated before personal income tax (PIT) is deducted.

Annual interest rates on term deposits

Term
3 mo.
6 mo.
1 year
2 years
3 years
5 years
Effective annual % rate
3.60%
3.80%
4.20%
4.30%
4.40%
4.50%
Bonus rate*
3.40 %
3.60%
3.80%
4.00%
4.30%
4.60%

*Interest rate with bonus for extending the term. Nominal annual interest rates.

Only the best for your money

Safe

Your deposits are protected up to €100,000, the highest financial industry security standards

Convenient

See how much you have saved and earned in the INDEXO Bank app

Profitable

Earn up to 4.5% and save money with no monthly account fee

We work so you earn more

With us, the interest you earn continues to earn even more.

Download and try it

Download the app

First in Latvia where everyday banking services are free of charge

Register

Registration takes just a few minutes on your phone

Open a term deposit

A simple way to earn without risk
Google Play
Download the app

Questions and answers

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 minimum amount you can deposit with INDEXO is €100, while the maximum is €1,000,000.

INDEXO term deposits use a compound interest approach—this means that your earned interest each month is added to the deposit principal. Thus, with each following month, interest is calculated on a larger amount, generating additional earnings. The earned interest will be calculated on the term deposit amount from the start date to the end date of the deposit (excluding the end date).

 

Once a month, INDEXO will credit the earned term deposit interest to your term deposit account. This interest will be added to the deposit principal, and the following month’s interest will be calculated based on this updated amount. In calculating interest, we apply an annual interest rate and assume a 360-day year. On the end date of the term deposit, we will transfer the deposit amount and accrued interest to your settlement account.

 

Please note that personal income tax will be withheld from the paid interest as prescribed by law.

No. You can make all the necessary changes before signing the contract. After the contract is signed, it’s not possible to make changes or add to the deposited amount.

If the contract is already signed – don’t worry. You can always open a new term deposit with the remaining amount.

Yes, INDEXO offers the option to activate automatic deposit renewal.
It’s convenient and profitable – with an extra +0.10 percentage points added to the interest rate valid at the time.

At the end of your deposit term, the earned interest will be paid to your current account, while the original principal will be reinvested for the same term at the current rate, including the bonus rate for renewal.

Why choose automatic renewal?

  • Continuous earnings – your money keeps working without interruption.

  • Convenience – no need to submit a new application each time.

  • Flexibility – you can cancel automatic renewal at any time before maturity.

 

How to activate automatic renewal:

  1. Go to the “Savings” section and select your deposit

  2. Click “Manage”

  3. Click “Automatic renewal”

 

Automatic renewal is available to all clients.

Choose which
product to join

INDEXO
Bank

A money manager that
works in your best interest
Join

INDEXO
2nd pension pillar

5% of your salary is already being saved in 2nd pension pillar. Invest it more effectively with INDEXO.
Join

INDEXO
3rd pension pillar

Make contributions to 3rd pension pillar and save using automated investment system.
Join

Choose the best plan for your age

Jauns cilvēks ar cirtainiem matiem melnā cepurē un pelēkā kreklā smaida kamerai uz vienkārša fona.

INDEXO Jauda

16-55
Best for 16-55
year olds!
Volatile, with high profit potential
Join
Documents and conditions
Sieviete ar gariem blondiem matiem un tumšu lūpu krāsu skatās kamerā uz gaiša fona.

INDEXO Izaugsme

55-62
Best for 55-62
years olds!
Moderately volatile, with moderately high profit potential
Join
Documents and conditions
Vīrietis ar īsiem brūniem matiem un brillēm, tērpies uzvalka žaketē, stāv spilgti apgaismotā telpā.

INDEXO Konservatīvais

62+
Best for 62+!
Stability in the years before retirement
Join
Documents and conditions

Forwarding to Latvija.lv
is in progress

1

Authorize on the Latvija.lv portal using one of the available methods.

2

Submit e-application for selection or change the investment plan of 2nd pension pillar

3

Choose an investment plan best for your age
Skip instructions - switch to Latvija.lv
Skip instructions - switch to Latvija.lvSkip instructions - switch to Latvija.lvSkip instructions - switch to Latvija.lv

To use INDEXO Bank, download the app.

QR code, which when scanned, takes you to the Apple App Store or Google Play store, where you can download the INDEXO Bank application
1
Download
the app
2
Register
3
Use
INDEXO Bank

QR code, which when scanned, takes you to the Apple App Store or Google Play store, where you can download the INDEXO Bank application
Deposit term and interest rate
We use compound interest.
Interest is compounded monthly, so the effective annual interest rate is higher than the nominal rate and can be compared with offers from other banks.
Annual interest rate (nominal)
3 months
3,596855 %
6 months
3,777000 %
1 year
4,070848 %
2 years
4,080966 %
3 years
4,088410 %
5 years
4,014693 %
Term deposit interest rates
3 months
Annual interest rate
Base rate:
3,5968 %
Rate with compound interest:
3,60 %
6 months
Annual interest rate
Base rate:
3,7770 %
Rate with compound interest:
3,80 %
1 year
Annual interest rate
Base rate:
4,0708 %
Rate with compound interest:
4,20 %
2 years
Annual interest rate
Base rate:
4,0810 %
Rate with compound interest:
4,30 %
3 years
Annual interest rate
Base rate:
4,0884 %
Rate with compound interest:
4,40 %
5 years
Annual interest rate
Base rate:
4,0147 %
Rate with compound interest:
4,50 %

To use INDEXO Bank, download the app.

QR code, which when scanned, takes you to the Apple App Store or Google Play store, where you can download the INDEXO Bank application
1
Download
the app
2
Register
3
Use
INDEXO Bank
Term deposits
Get an offer yourself
In the INDEXO Bank app in just 5 minutes
Continue in the app
or
Have questions?
Leave your number and we'll call you.
By submitting your phone number, you agree that INDEXO may contact you to provide a home equity loan consultation. For more information about how we process personal data, please see our Privacy Policy. You have the right to withdraw your consent at any time by writing to [email protected].
Get an offer yourself
In the INDEXO Bank app in just 5 minutes
Continue in the app
or
Have questions?
Leave your number and we'll call you.
By submitting your phone number, you agree that INDEXO may contact you to provide a home equity loan consultation. For more information about how we process personal data, please see our Privacy Policy. You have the right to withdraw your consent at any time by writing to [email protected].
Get an offer yourself
In the INDEXO Bank app in just 5 minutes
Continue in the app
or
Have questions?
Leave your number and we'll call you.
By submitting your phone number, you agree that INDEXO may contact you to provide a home equity loan consultation. For more information about how we process personal data, please see our Privacy Policy. You have the right to withdraw your consent at any time by writing to [email protected].
Get an offer yourself
In the INDEXO Bank app in just 5 minutes
Continue in the app
or
Have questions?
Leave your number and we'll call you.
By submitting your phone number, you agree that INDEXO may contact you to provide a home equity loan consultation. For more information about how we process personal data, please see our Privacy Policy. You have the right to withdraw your consent at any time by writing to [email protected].
Deposit term and interest rate
We use compound interest.
Interest is compounded monthly, so the effective annual interest rate is higher than the nominal interest rate and can be compared with offers from other banks.
Annual interest rate (nominal)
3 months
3.596855%
6 months
3.777000%
1 year
4.070848%
2 years
4.080966%
3 years
4.088410%
5 years
4.014693%
Get an offer yourself
In just 5 minutes on the INDEXO Bank app
Continue in the app
or
Do you have any questions?
Leave your number, and we'll call you.
By providing your phone number, you agree that INDEXO may contact you to provide consumer credit advice. For more information on the processing of personal data, please read our Privacy Policy. You have the right to withdraw your consent at any time by emailing [email protected].

Choose which
product to join

INDEXO
Bank

A money manager that
works in your best interest
Join

INDEXO
2nd pension pillar

5% of your salary is already being saved in 2nd pension pillar. Invest it more effectively with INDEXO.
Join

INDEXO
3rd pension pillar

Make contributions to 3rd pension pillar and save using automated investment system.
Join