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.
Bank Branch Founded Ownership
Bank Pasargad Bank Pasargad 326 2005 Local
Sina Bank Sina Bank 274 1985 Local
Bank of Industry and Mine Bank Of Industry And Mine 65 1979 Local
Export Development Bank of Iran Export Development Bank Of Iran 34 1991 N/A
Bank Melli Iran Bank Melli Iran 3,300 1928 N/A
Bank Saderat Iran Bank Saderat Iran 3,000 1952 Local
Bank Tejarat Bank Tejarat 2,000 1979 N/A
Bank Keshavarzi Bank Keshavarzi 1,914 1969 Local
Bank Mellat Bank Mellat 1,800 1980 Local
Bank Sepah Bank Sepah 1,771 1925 N/A

Iran Discussion Activity

  • Sina Bank - Deposits - Sina Bank 3 Month Fixed Term Deposit
    Q: I am Jordanian living in Kuwait interested to open an deposit in your bank, so how can I do that?

    Abdelwahab from Kuwait City, Kuwait
  • Deposits
    Q: hi, do you have a branch in london that gives the same interest rate? and im not iranian, can i open an account in your branch in london (if you have one)? thanks

    Arij from Southampton, United Kingdom
  • Bank Pasargad
    Q: I am Afghan citizen I live in Afghanistan, can I open an account in order to put some money as fixed deposits for long term and what is the interest rate of fixed deposits. Kind Regards,

    Sediqi from Kabul, Afghanistan