Deposits

Make your money grow

Don’t let your money waste away. Instead, make it grow by placing it in a deposit account and earning fixed interest on it. No need to switch your home bank.

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Calculate your profit

See how much you’ll earn over the chosen period of time if you open a deposit today.

Your earnings in interest

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Annual interest rate %

Financial service is offered by AS Inbank. The amount of interest is pre-tax and calculated on the condition that the whole deposit amount has been received on our account by the start date of the agreement, all the conditions required for the deposit agreement to come into force have been met, and the deposit amount is not withdrawn during the deposit period.

Let your money work for you

Safe and secure

Amounts up to 100,000 euros guaranteed by the National Guarantee Fund making deposits as safe as they can be.

Guaranteed income

Regular interest payments every month or at the end of the period – however you choose.

All-online service

Set up and manage your deposits from the comfort of your home or on the go.

Pick the deposit conditions most suitable for you

View your options and make the smartest choice.

Deposit amount

500 - 300,000 €

Deposit period

3 - 60 months

Money cannot be withdrawn from or added to the deposit during the deposit period.

Benefit from a 0.10% higher interest rate in the case of automatic prolongation.

Deposit interest rates

View terms and conditions

A quick, hassle-free application process

Take these simple steps to start saving today.

01

Apply

Submit your application and sign the deposit agreement digitally using Smart-ID, Mobile-ID, or your ID-card, or do it in person at Inbank.

02

Identify

Verify your identity online via Veriff.

03

Deposit

Transfer the agreed deposit amount from your personal bank account to Inbank using the reference number in the agreement. Start earning interest on your money.

Frequently asked questions

Submit an application to open a fixed-term deposit. Choose your deposit amount and period. Once the application is complete and the agreement concluded, transfer the selected deposit amount to the Inbank bank account using the reference number provided in the agreement. Be sure to make the payment from your personal bank account. The funds must reach Inbank within 7 days of signing the agreement, otherwise, the deposit is automatically canceled.
The deposit will only start earning interest if you have verified your identity using Veriff.
After the expiry of the deposit period, Inbank will transfer the deposit and interest amount to your customer account from which you can transfer the money to your personal account. The transfer is free of charge. Inbank will not send a separate notification about the expiry of the deposit. Log in to the Inbank internet bank to check the balance of your customer account and the expiry date of your deposit agreement.
A customer account is an account where the deposit and interest amount are held at the time when it is not held in an active deposit. You can transfer money to the customer account using the number of the Inbank current account given in the deposit agreement and your personal customer account reference number. The customer account is not a current account and payments cannot be made from it. You can transfer the amount in the customer account back to your current account from which you made the initial deposit payment to Inbank.
Inbank offers the option to choose automatic renewal for deposits during the deposit period. This means that after the expiry of the selected period, the term of the deposit will extend automatically by the same period. For example, if you choose one year as the period and opt for automatic renewal, the deposit will extend for another year after the first year. The new interest will be the deposit interest effective on the day of renewal plus 0.10%. This means that you can earn more interest than the ordinary interest rate in the price list if you opt for automatic renewal. You can set and cancel the automatic renewal of a deposit the day before the expiry of the specific deposit.
You can cancel your deposit at any time on the grounds and according to the procedure provided for by effective law or the General Terms and Conditions of AS Inbank by submitting a written application to info@inbank.ee. In case we satisfy your application Inbank will not pay interest for the deposit period in the case of early termination. The deposit amount will be paid back to the customer account after 30 days from the expiry of the deposit contract. If you would like to get the deposit amount earlier, Inbank has the right to request the early payout fee according to the effective price list.
Inbank is a bank operating in Estonia on the basis of an activity license, which is why deposits of our customers are guaranteed by the state Guarantee Fund. If necessary, deposits of our customers with the accrued interest will be reimbursed in full, but in the amount not exceeding 100,000 euros per depositor. More information on deposit guarantee is available on the Guarantee Fund's website and in the Guarantee Fund Act.
When you fill in the deposit application, you can choose whether the interest payment will be made at the start of the period, every month or at the end of the period. 0.30% is subtracted from the interest rate if the interest payment of a term deposit is made at the start of the deposit period. 0.15% is subtracted from the interest rate if the interest payment of a term or flexible deposit is made every month.
Inbank withholds income tax on paid deposit interest. Data on interest earned on a bank deposit and income tax paid on it will automatically be entered into your income tax return.
You can defer the payment of income tax on the interest earned if you use the investment account specified in the Income Tax Act when depositing. If you use an investment account on the conditions specified in the Act, you will only have to pay income tax when the interest amount is taken in use, not when the specific deposit expires. You can also obtain detailed information about the investment account from the Tax and Customs Board.

If you use an investment account for depositing and would like to defer the income tax liability, please inform Inbank about this in the Internet Bank as soon as possible.

In order to do this, open the “Deposit overview”, select the specific deposit, click on “Change” and then you can let Inbank know whether or not it has to withhold the income tax on the deposit by ticking the appropriate box. If you ask the bank to not withhold income tax on deposit interest, you must confirm that you have a legal basis for this whether you use an investment account or other options. You must make the request separately for each deposit.

If you don’t have access to the Internet Bank, you can submit an application in free format to our customer service by e-mail info@inbank.ee or at Inbank office. Please specify the deposits to which your request applies in the application.

You can submit or amend an application in the Internet Bank until the day before the interest is paid out and it will enter into force immediately. If you inform us in any other manner, you have to submit the application at least four working days before the interest is paid out.

The payment of income tax cannot be deferred by extending the deposit. If you extend your deposit, the interest on the previous deposit will be paid to your customer account in Inbank (if only the principal is extended) or to the new deposit (if the deposit amount with interest is extended), which is why the interest that was paid out is immediately subject to income tax.

In compliance with national and international requirements governing the prevention of money laundering and terrorist financing, banks have a legal obligation to know their customers and continuously update their data throughout the entire business relationship – this is not a one-time action. Therefore, when entering into a contract or during our engagement with you, we may request additional information or documents.

We obtain part of the required information during standard customer service interactions, but certain data must be regularly verified and updated as required by law, which is why we sometimes need your help to confirm or clarify it.

In addition to updating data, we may also request additional information or documents regarding a specific transaction – for example, to clarify its purpose, the source of funds, or other circumstances related to the transaction. Such questions help us fulfill our legal obligations and ensure the safe use of our services.