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Interim Payment Deposit Account

Interim Payment Deposit Account

You can earn regular interest income at interim period of three months without waiting for the expiry of the term while utilizing your savings for term deposit for a period of minimum 1 year. You can either withdraw your interest income or use it for banking transactions.

Features of Interim Payment Deposit Account

  • Interim Payment Deposit Account is opened only in TRY.
  • You can earn regular interest income at interim period of 3 months without waiting for the expiry of term with Interim Payment Deposit Account. Net interest income accrued in the relevant period is transferred to your deposit account automatically on interim payment days, and become available for use.
  • 10% withholding advantage is provided if the Interim Payment Deposit Account is opened with a term longer than 1 year
  • No withdrawal from or addition to the principal amount is possible throughout the term as the term of Interim Payment Deposit account is 1 year; demand deposit rate is applied to the account if the account is closed before the expiry of term, and the interests paid to the customer at previous periods are retrieved and then payment is made to the customer.
  • A customer might have multiple Interim Payment Deposit Accounts.
  • You can open Interim Payment Deposit Account at any Odeabank Branch.

Where Can You Have Interim Payment Deposit Account Opened?

Deposit Account with PRI

You can also increase your term deposit income while taking a step towards a safe future by participating in personal retirement system via Odeabank with Deposit Account with PRI.