GeneralPrivate customersSavingsDepositsTarget deposit

Target deposit

Deposit is designed to accumulate funds in order to achieve a certain target.


Money can be placed in euro (EUR).


Funds placement for a specified term: 6 months, 1 year, 2, 3 and 5 years. 


Minimal deposit amount: 25 EUR.


The minimum amount to deposit replenishment: 10 EUR.


From 1 January 2010, the amended Law on Personal Income Tax imposes a tax on income earned by individuals from capital. In accordance with the law the profit derived from all deposit types is subject to the tax at the rate of twenty percent. The tax will be cashed from the gained profit interest instead of the whole deposit amount.



Deposits of private persons and legal entities in any currency are guaranteed by the Latvian State in an amount of up to EUR 100 000.


Deposits guarantee law 

Deposits rates


Questions and answers

Deposit calculator


Application for deposit and Conditions for acceptance of deposits are available here


AS "Industra Bank" Head office
57 Elizabetes Str., Riga, Latvia, LV-1050

Ph.: +371 67019393
WhatsApp: +371 27677569 (chat)
Skype: mtb_info (chat)