Who pays the highest interest? Here is the monthly income of 500 thousand TL…

//

Lerato Khumalo

The Central Bank of the Republic of Türkiye announced interest rates. Following the interest rate decision made in October, deposit interest rates in banks were also updated. Public and private banks updated their investors’ deposit interest rates. Banks started to offer 52 percent monthly interest opportunity to their investors.

As of November 2024, the banks with the highest principal amount of 500 TL with a maturity period of 1 month are as follows:

ODEA

Interest Rate 52%

Net Return 20.515 TL

Amount at maturity: 520.515 TL

İŞ BANKASI

Interest Rate 42%

Net Return 16.570 TL

Amount at maturity: 516.570 TL

AKBANK

Interest Rate 50%

Net Return 19.726 TL

Amount at maturity: 519.726 TL