e-Savings Account

Turkish Lira Campaigns

You can always benefit from interests higher than the signboard interest rates for your deposit account by way of opening an e-savings account, which offers different maturity and starting balance options.

Since the start date of maturity for the e-savings accounts is the same as the date of account opening, you start earning interest as soon as you open the account. The e-savings accounts opened after 16:30 hours are subject to a 1-day value date.

When you withdraw a portion of the money in your account, your remaining balance continues to increase in value with the same maturity and interest rate, and you only fail to obtain interest yield for the amount you withdrew before the maturity date.

You can benefit from advantages relating to the withholding tax for your time deposit accounts with long-term maturity.

• You can decide right at the time of account opening how your principal and interest should be handled in the course of account management.

• You can open an account in these currencies: TL, USD, EUR, JPY, CHF, GBP, SEK, SAR, RUB, NOK, DKK, CAD, AUD

• The minimum limit to open an account is 1,000 TL, 1,000 USD, 1,000 EUR, 1,000 GBP, 10,000 JPY, and 1,000 relevant currency for accounts in other currencies.

• The stated interest is gross interest.

• Interest rates exclusive to LYCA P. B. Mobile and Internet are applicable to all maturities including irregular maturities from 28 to 365 days.

• The time deposit account you open via LYCA P. B. Mobile and Internet shall be extended with interest rates exclusive to these channels.

• In case of early withdrawal, no interest is accrued on the relevant account.

• You can choose one of the options below for the end of maturity action while opening your account.

• Maturity Extension for Principal and Interest: Your account is renewed automatically with the same maturity and the then-current interest rates at the end of maturity.
• Maturity Extension for Principal and Transfer of Interest to Another Account: Only your principal amount is renewed while the accrued interest amount is transferred to an account of your selection.
• Conditional Maturity Extension: Your selected amount is transferred to an account you determine whereas the remaining amount is renewed.
• No Extension: Your principal amount together with the accrued interest is transferred to accounts you indicate, and your account is closed thereafter.

• With "Deposit Money to Time Deposit Account Order", you can ensure that extra money is automatically supplemented to your time deposit account on the maturity dates. Following an order you will give via LYCA P. B. Mobile, Internet, or our branches, the amount you will determine shall be transferred from a current account of your selection to your time deposit account at the time of every maturity renewal.
  

Withholding tax rates for TL accounts:

Withholding tax rates for USD and EUR accounts: