As of March 2025, deposit interest rates in Turkey have attracted significant attention from savers looking for the best returns on their savings. Many Turkish banks offer competitive term deposit interest rates, especially for large deposits like one million Turkish Lira.
Knowing which banks provide the highest interest rates and how much monthly income you can earn from these term deposits is crucial for making informed financial decisions.
Below is a summary of the top banks offering the highest interest rates on a 32-day term deposit of one million Turkish Lira (TRY) and the estimated monthly earnings:
- Fibabanka: Offers a high interest rate of 52%, resulting in a net gain of 42,169.86 TRY and a total of 1,042,169.86 TRY.
- İNG Bank: Provides a competitive 52% interest rate, yielding a net gain of 42,169.86 TRY, totaling 1,042,169.86 TRY.
- ON Dijital Bankacılık: Offers an interest rate of 49%, with a net gain of 39,736.99 TRY, amounting to 1,039,736.99 TRY.
- Enpara.com: Provides an attractive interest rate of 48.5%, resulting in a net gain of 39,331.51 TRY, totaling 1,039,331.51 TRY.
- Garanti BBVA: Offers a solid 48% interest rate, yielding a net gain of 38,926.03 TRY and a total of 1,038,926.03 TRY.
- DenizBank: Provides a 48% interest rate, with a net gain of 38,926.03 TRY, totaling 1,038,926.03 TRY.
- Alternatif Bank and Anadolubank: Both offer an interest rate of 48%, resulting in a net gain of 38,926.03 TRY and a total of 1,038,926.03 TRY.
Please note that these term deposit interest rates are subject to change due to market conditions and monetary policy decisions by the Central Bank of the Republic of Turkey. It is always recommended to verify the latest rates and terms directly with the banks before making investment decisions.
