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Term Deposit
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A Term deposit is a traditional form of deposit, which allows you to receive interest earnings on a monthly basis.

Opportunities that are associated with the Term deposit

  • A high interest rate;
  • Deposits in LVL, USD, EUR or GBP;
  • Deposits for 3, 6, 12, 18, 24, 36 or 60 months;
  • No change in the interest rate during the term of the deposit;
  • You can receive your interest earnings through a transfer to your Latvijas Krājbanka account on a monthly basis;
  • If you use Online Banking or Telephone Banking, you can make the deposit via telephone or Internet;
  • You can use the deposit as a collateral for a loan from Latvijas Krājbanka;
  • You may have more than one term deposit simultaneously.

Term deposits can be made through the Remote Banking Systems or at any of Latvijas Krājbanka Client Service Centers.

To sign the contract, you will need to bring your passport.

Latvijas Krājbanka guarantees the security of your deposit and the confidentiality of the transaction.


Interest rates (annual)1

Interest received monthly
 LVLUSDEURGBP
Deposit performed at a Client Service Center
3 months
4.00
2.80
3.30
3.00
6 months
5.44
3.29
3.98
3.49
12 months
6.31
3.94
4.41
3.94
18 months
6.20
4.08
4.59
3.99
24 months
6.08
4.31
4.54
3.94
36 months
5.85
4.20
4.63
3.86
60 months
5.05
3.97
4.34
3.67
Deposit performed through one of the Electronic Payment Systems
(Online banking, Telephone banking)
3 months
4.05
2.85
3.35
3.05
6 months
5.49
3.34
4.03
3.54
12 months
6.36
3.99
4.46
3.99
18 months
6.25
4.13
4.64
4.04
24 months
6.13
4.36
4.59
3.99
36 months
5.90
4.25
4.68
3.91
60 months
5.10
4.02
4.39
3.72

Effective from 10.03.2010.


Minimum deposit

 LVLUSDEURGBP
Deposit performed at a Client Service Center 50 100 100 100
Deposit performed at one of the Electronic Payment Systems
(Online banking, Telephone banking)
30 50 50 50

Penalty for the brake of contract

All calculated interest + 1% from the deposited amount

Money withdrawal and contract termination forewarning time 7 days

1 If the total amount of the transaction exceeds Ls 30 000, USD 60 000, EUR 30 000 or GBP 30 000, the interest is negotiated by both sides.

Contacts

Client Service Center and ATM locations
+371 67 09 20 20

JSC Latvijas Krājbanka
Jana Dalina street 15,
Riga, Latvia, LV-1013

Client Service Center and ATM locations

Contacts and Bank details
© Latvijas Krājbanka, info phone: +371 67092020, info@lkb.lv
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