Secure your future with “Yığım” deposit | Banco.az

“DemirBank”s “Yığım” deposit will allow you to secure your future and earn interest income. Deposit account with “DemirBank” can be opened by any individual by adding the minimum amount of AZN 10 to account. “Yığım” deposit can be opened in AZN and USD for the maximum period of 20 years. Additional funds can be added into account at any time. There are no restrictions on the amount of such additions.

The amount of “Yığım” must not exceed AZN or USD 20,000. If deposit exceeds this amount, depositor can withdraw the deposit or open a different type of deposit account with the bank.

“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%. 

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