How much is the monthly return on 100,000 TL?

Investors have been closely monitoring the activity in time deposit interest rates applied by banks since the beginning of the year. 

Following the Central Bank of the Republic of Turkey's (TCMB) decision to reduce the policy interest rate to 38 percent with a total of 950 basis points of cuts in 2025, current rates have taken shape in the financial sector.

A downward trend is being observed in deposit interest rates, which were hovering in the 40-45 percent range at the beginning of the year, as the impact of the interest rate cut decision continues. Many banks have adjusted their interest rates, particularly as of January, and investors have begun recalculating their current earnings scenarios.

According to data published by the TCMB, the average interest rates applied based on maturity were determined as follows:

Maturity up to 1 month: 45.18%

Maturity up to 3 months: 46.09%

Maturity up to 6 months: 43.16%

Maturity up to 1 year: 40.27%

1 year and over: 39.01%

While deposit interest rates, which reached 50 percent levels in some private banks in December, fell to 46 percent with the new year, this rate has even dropped to 33 percent in some banks. 

In general, for a 100,000 TL deposit, an investor receives approximately 2,893.15 TL in additional returns at the end of 32 days with an average interest rate of 40 percent.

For those looking to evaluate their deposits, the current interest rates applied by major banks and the net income corresponding to a principal of 100,000 TL are listed as follows:

Odeabank: 3,750 TL net gain with a 45% interest rate, 103,750 TL at the end of the maturity period

Akbank: 3,500 TL net gain with a 42% interest rate, 103,500 TL at the end of the maturity period

Ziraat Bankası: 3,333.33 TL net gain with a 40% interest rate, 103,333.33 TL at the end of the maturity period

Garanti BBVA: 3,291.67 TL net gain with a 39.50% interest rate, 103,291.67 TL at the end of the maturity period

İş Bankası: 3,208.33 TL net gain with a 38.50% interest rate, 103,208.33 TL at the end of the maturity period

Enpara: 3,166.67 TL net gain with a 38% interest rate, 103,166.67 TL at the end of the maturity period