Plan for tomorrow from today
-
Amount
100 - 300 000 AZN/USD -
Term
12 / 18 months -
Min. replenishment
50 AZN/USD (unlimited, till the last 3 months) -
Interest payment
monthly or at the end of the term -
Card for calculating interest
as a gift * -
Prolongation of the term
Auto-prolongation -
Insure
Based on existing rules at the time of deposit opening -
Number of deposits
3 deposits
* With a gift card, you can get cashback by payments made in the Yelo partner network, but this card does not have other advantages offered by Yelo Light and Premium cards.
|
Term
|
AZN
Monthly interest payment
At the end of the period
|
USD
Monthly interest payment
At the end of the period
|
|---|---|---|
|
12 month
|
8%
8.5%
|
1%
1.25%
|
|
18 month
|
8%
8.5%
|
1%
1.25%
|
According to clauses 102.1.22-3 and 102.1.22-4 of the Azerbaijan Republic Tax Code, starting from January 1, 2024, income from new deposits held in the national currency (AZN) by individuals will be exempt from income tax:
- The portion of monthly interest income on deposits up to 200 manats
- The full amount of interest income when the deposit is placed for a period of 18 months or more, and the principal amount of the deposit is not withdrawn earlier than 18 months – for a period of 3 years
Conditions for early withdrawal
|
Withdrawal period |
Accrued interest to be paid |
|---|---|
|
0 - 180 days |
20% |
|
181 and more days |
50% |
|
Term
|
AZN
Monthly interest payment
At the end of the period
|
USD
Monthly interest payment
At the end of the period
|
|---|---|---|
|
12 month
|
8%
8.5%
|
1%
1.25%
|
|
18 month
|
8%
8.5%
|
1%
1.25%
|
According to clauses 102.1.22-3 and 102.1.22-4 of the Azerbaijan Republic Tax Code, starting from January 1, 2024, income from new deposits held in the national currency (AZN) by individuals will be exempt from income tax:
- The portion of monthly interest income on deposits up to 200 manats
- The full amount of interest income when the deposit is placed for a period of 18 months or more, and the principal amount of the deposit is not withdrawn earlier than 18 months – for a period of 3 years
Conditions for early withdrawal
|
Withdrawal period |
Accrued interest to be paid |
|---|---|
|
0 - 180 days |
20% |
|
181 and more days |
50% |