A Time Deposit With Variable Interest Rate

Is a deposit with a two, three, four or five-year term and variable interest rate for every year of the deposit with the bank.

• The biggest interest paid for deposits (a fixed premium is added to the  12 months time deposit with a variable interest rate).
• The interest is paid even in case an agreement has been terminated (in case the deposit is withdrawn prior to its maturity term for each finished deposit year you will receive such interest as you would have received placing a time deposit on account for 12 month each year).
• The interest rate for a time deposit with a variable interest rate is defined on the first day of the deposit term and corrected on the same day of the each next year in accordance with the interest rate applicable for a 12 months time deposit plus premium a time deposit with a fixed variable interest rate.
• Interest may be withdrawn monthly or on the last day of the deposit term.
• A deposit could be placed in litas, euros or in USA dollars.
• A deposit could be placed in all the outlets of Šiaulių bankas (a deposit agreement could not be concluded using the SB linija)