“DemirBank” has increased the maximum amount of “Yığım” deposit within the Range of Deposits programs. Maximum amount of “Yığım” deposit has been increased from 10,000 AZN to 20,000 AZN.

“Yığım” deposit account can be opened by any individual in “DemirBank” branches by adding AZN 10 to an account. “Yığım” depost can be opened in AZN and USD for the maximum period of 20 years. Additional funds can be added to the account at later stage. There are no limitations concerning the amount of fund additions. The maximum amount of “Yığım” deposit shall not exceed 20 000 AZN or USD. If the amount is exceeded, the deposit can be converted to a different type of deposit or the amount can be withdrawn.

“DemirBank” is a member of  the Deposits Insurance Fund. As a result, deposits placed in “DemirBank” are insured in accordance with the law “On deposits insurance”. Insurance applies to deposits of up to AZN 30,000 with the maximum interest rate of 12%.