Term Deposit

You can increase your savings by earning fixed income at favorable interest rates with terms to be specified by you for your savings in Turkish Lira and foreign exchange (USD/EUR/GBP) with Odeabank term deposit account.

Advantages of Term Deposit Account

You can benefit from favorable interest rates of Odeabank.
You can utilize your savings at any term ranging from 1 day to 1 year.
In case you request otherwise, your account is renewed with the current interest rate applicable to the same term at the expiry of the term.
You can benefit from the exclusive service to be provided specifically for you by our experienced customer representatives.

Where Can You Have a Term Deposit Account Opened?

You can call 0212 270 84 44 for detailed information, become our cost-free and instant banking customer by making an online account opening application, or visit any Odeabank branch.

Deposit Insurance

For each real person, up to TRY 400,000 of the total amount (principal amount in Savings deposit accounts in Turkish Lira, foreign exchange and precious metals that are opened on behalf of real people in our domestic branches and are not subject to commercial transactions other than drawing checks, and the amount of their rediscount interest) is within the scope of insurance.

Following deposits are not subject to insurance:

Deposit and other accounts of controlling shareholders of relevant credit institution and their mother, father, spouse and children in custody
Deposit and other accounts of president and members of board of management or directors as well as general manager and deputy general managers, and their mother, father, spouse and children in custody
Deposit and other accounts within the scope of assets resulting from the crime in article 282 of the Turkish Penal Code, dated 26/9/2004 and numbered 5237
Deposit available at credit institutions established exclusively to provide off-shore banking in Turkey
Deposit at foreign branches of deposit banks
Deposit available at credit institutions providing off-shore services within or outside Turkey
Usurious interests above the maximum interest rate announced to the public by the bank and notified to the Central Bank as well as the average interest rate of give deposit bank with the highest amount of deposit in total

Payments Due Per Insurance:

Payments due within the scope of insurance are made in Turkish Lira if official authorization of the deposit bank is revoked. The total amount of principal and rediscount interest for savings deposit accounts are taken into account while determining the amount to be paid as per insurance. Turkish Lira provisions for deposit accounts in foreign exchanges and gold are determined on the basis of Central Bank foreign exchange rates and Istanbul Gold Exchange session closing price (for accounts in gold) on the date when official authorization of deposit bank is revoked.