Interest returns on 1 million TL race to a record! Which bank is offering how much?

In the final week of April 2026, interest advantages for depositors in Turkey are at the forefront of the agenda. As banks continue to increase interest rates on Turkish Lira deposits compared to the first months of the year, earnings on 32-day terms have reached new peaks, especially for citizens with high-amount savings.

While the financial sector is acting in line with both the Central Bank's monetary policy steps and the banks' balance sheet targets, the interest rates offered on deposit products have risen above the levels seen at the beginning of April. For those aiming to make short-term investments, current returns show significant differences between banks.

For those looking to evaluate 1 million TL in savings in a time deposit account, the interest rates and net earnings tables offered by banks have become a subject of interest. Interest returns calculated for 32-day periods point to notable increases.

The net return provided by 1 million TL at the end of 32 days, according to banks at the end of April, is as follows:

• Denizbank: 31,282 TL with 43.25% interest
• Odea Bank: 30,740 TL with 42.5% interest
• Akbank / QNB Finansbank: 30,378 TL with 42% interest
• Garanti BBVA: 30,016 TL with 41.5% interest
• Enpara.com: 29,293 TL with 40.5% interest
• Anadolubank: 30,090 TL with 45% interest rate
• ING Bank: 28,932 TL with 40% interest rate
• İş Bankası: 28,570 TL with 39.5% interest rate
• Ziraat Katılım: 21,179 TL with 36% interest rate
• Halkbank: 25,315 TL with 35% interest rate

These data reveal the differences in returns between banks for those who want to evaluate their investments in time deposits. While higher rates are generally offered on accounts opened via digital banking, it is to the advantage of investors to follow the interest rates updated at the end of the term.

On the other hand, it is noted that banks make instantaneous adjustments to these interest rates from time to time due to changes in liquidity needs. It is recommended that savers take these changes into account when renewing their terms and opening new accounts.

News Source: 12punto