32-day deposit interest returns and bank rates for 1 million TL

For savers looking to protect their savings against inflation, the net returns on a 1 million TL principal for 32-day time deposit accounts have been updated according to banks.

According to calculations made on a 1 million TL principal and a 32-day maturity period in time deposit accounts, banks' net earning amounts and rates vary. According to the disclosed data, net earnings were listed across various financial institutions, including Hayat Finans, Türk Ticaret Bankası, N Kolay, Vakıf Katılım, Şekerbank, DenizBank, and TOM Bank. It is noted that differences may exist between gross rates and net earnings obtained at the end of maturity, and that lower limits in daily accounts as well as legal withholding tax deductions affect the net return.