Iran Interest Rates

The Iranian economy with a population of 75.33 Million (Est 2011 - amar.org.ir sourced from wiki) ranks 17th in the world with a GDP PPP of approximately 888 billion and GDP PPP per capita of 12,258 vs 48,147 (United States) according to the IMF in 2011.Its currency the Iranian Rial (IRR) and its fixed interest bank deposit products referred to as a term deposit/fixed deposit in english. According to CIA.gov its inflation was 22.5% in 2011 and 12.4% in 2010. Some liberalization of banking sector in the 1990s provides the country with a mix of commercial and specialized government owned banks, private banks and Investment banks.

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Iran Banks

Showing rates for 11 Bank deposit providers in Iran.
BankBranchFoundedOwnership
Bank PasargadBank Pasargad3262005Local
Sina BankSina Bank2741985Local
Bank of Industry and MineBank Of Industry And Mine651979Local
Export Development Bank of IranExport Development Bank Of Iran341991N/A
Bank Melli IranBank Melli Iran3,3001928N/A
Bank Saderat IranBank Saderat Iran3,0001952Local
Bank TejaratBank Tejarat2,0001979N/A
Bank KeshavarziBank Keshavarzi1,9141969Local
Bank MellatBank Mellat1,8001980Local
Bank SepahBank Sepah1,7711925N/A

Iran Discussion Activity

  • Bank Pasargad
    Q: Hi I am iranian citizen, I have heard that the banks in Iran are offering only 15% interest.What is your rate and conditionsif I want to deposit high amount of money

    Parham from London, United Kingdom
  • Deposits
    Q: Hi jast want to know if i deposit$100.000 dollar how much I get a month thank you

    Zaid from Australia
  • Bank Melli Iran
    Q: what is rate can you give me for deposit of 10 billion Iran rial for 1 year

    John from Australia