Term savings deposit at variable rate of interest

OTP Savings


Term deposit at variable rate of interest is a type of savings where you tie your funds at an annual variable rate of interest, subject to change in accordance with the Bank’s Decision on Interest. The term deposit at variable rate of interest can be set up in LCY or FCY. The minimum amount of such term deposit at variable rate of interest is equivalent of EUR 250.

Take advantage of term deposits at variable rate of interest

  • choice of deposit terms: 24, 36, 48 or 60 months
  • choice between one-off deposit or roll over deposit
  • choice of currencies: HRK (Kuna), EUR (Euro), USD (US dollar), CAD (Canadian dollar), AUD (Australian dollar), GBP (British pound) or CHF (Swiss frank)

Additional advantages of term deposits at a variable rate of interest

Automatic roll-over option

When setting up a term deposit you can choose among the following options upon expiry of the agreement:

  • automatic roll-over of the term deposit, together with the interest
  • automatic roll-over of the term deposit, whilst the interest is paid to your demand deposit account

Upon automatic roll-over, the term of the deposit remains the same, at the interest rate is that valid on the day of such roll-over. This way you save time because you don't need to come to a branch to extend your term deposit. We will do it for you.

Option of additional overdraft up to 80% of tied funds

You urgently need the money you tied with the Bank? 

You do not have to cancel your deposit agreement. Instead, you can take advantage of the additional overdraft option whereby you can withdraw the equivalent of 80% of your deposit in the form of your current account overdraft.  All you need to do is visit our branch, sign an agreement and you will be able to use the overdraft the same day.

The rate of interest charged on such additional overdraft is lower than the rates of interest on other types of overdrafts.