PASHA Bank digital deposits review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PASHA Bank digital deposits suit Azerbaijani savers who want a fixed rate locked in the app and do not need to touch a branch. The account pays 9.75% fixed over a 3 to 36 term from a AZN 500 minimum, and the money is held by PASHA Bank OJSC.
Key facts
- Best for
- Locking a fixed rate in the app without visiting a branch.
- Headline rate
- 9.75%↗
- Rate type
- Fixed↗
- Term
- 3 to 36 months↗
- Minimum deposit
- AZN 500↗
- Access terms
- Digital deposit opened in the PASHA Bank mobile app without visiting a branch; 3-36 month term, interest paid at the end of the period or monthly, AZN and USD↗
- Account kind
- Fixed↗
- Legal entity
- PASHA Bank OJSC↗
- Headquarters
- Azerbaijan↗
- Founded
- 2007↗
- Support channels
- Phone, Email↗
- Pricing model
- Fixed rate
- Official website
- pashabank.az
Pros and cons
Pros
- A fixed rate of 9.75% sits well above the savings account median of 3% and the median fixed deposit of 3.08%
- The rate is fixed for the whole term of 3 to 36, so the return is known before the money goes in
- The deposit is opened in the PASHA Bank mobile app with no branch visit, which suits anyone who cannot get to a counter
- Interest can be paid monthly or at the end of the period, giving some cash flow during a long term
- Both AZN and USD deposits are available, so a saver can hold the currency they expect to spend
Cons
- The term is 3 to 36, so money placed early stays locked and cannot be freed before the period ends
- Outgoing transfers are charged on the amount sent, and the paper-based route costs more than the online route, so moving cash in and out adds to the cost of the account
- Currency conversion runs at 0.5% to 1%, which sits at the savings account median of 0.5% rather than below it
- Only 2 currencies are offered, against a median of 5 across the site
Who it suits
- Azerbaijani residents who want a fixed return and can leave the money for a full term
- Business owners parking idle cash, which matches the business focus of business
- Anyone who prefers opening and managing a deposit in a mobile app
Who should look elsewhere
- People who need instant access to savings, since the account is a fixed deposit and the shortest term is 3 to 36
- Savers who want a wider currency choice, because only 2 currencies are on offer
- Readers comparing with Plazo ES, whose headline rate of 24.19% reflects a credit product rather than a deposit
Rates and terms
The digital deposit pays a fixed rate of 9.75%, with the rate type listed as fixed. The term runs for 3 to 36, giving a choice of holding periods rather than a single maturity. Interest can be credited monthly or paid in one sum at the end of the period, so a saver who needs some income during the term has an option. The minimum deposit is AZN 500, which keeps the entry point modest against a fixed deposit median of €0.17. Both AZN and USD balances can be placed. The rate is fixed at the point of opening, which is the main thing separating this from a variable savings account, and it also sets the deposit apart from variable-rate products that make up 79% of the wider site.
Access to your money
The digital deposit is opened in the PASHA Bank mobile app without visiting a branch, and the service is listed as digital-only, a feature shared by 50.7% of brands on the site. Once opened, the account works as a fixed deposit, so the rate is fixed for the full 3 to 36 and the balance is committed until the period ends. Interest is paid either monthly or at the end of the period. Support runs on phone and email, so questions about an early close or a payout are handled by phone or email. For anyone who expects to withdraw on demand, this is the trade-off: the rate is set in advance, but the money does not move freely inside the term.
Who runs it
The account is provided by PASHA Bank OJSC, which is headquartered in Azerbaijan and was founded in 2007. It holds a licence from the Central Bank of the Republic of Azerbaijan, so the deposits sit with a supervised bank rather than an e-money or payment institution, and bank licences account for 27.5% of brands on the site. Customer support runs on phone and email. What the published terms set out is the rate, the term and the payout timing, and the guarantee on the balance is left unstated.
How PASHA Bank digital deposits compares
9.0 vs 8.6
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9.0 vs 8.9
9.0 vs 9.1
9.0 vs 9.1
9.0 vs 8.9
9.0 vs 8.7- 9.0 vs 8.0
9.0 vs 9.0
9.0 vs 8.1
9.0 vs 8.7
9.0 vs 8.0
9.0 vs 9.5
9.0 vs 9.4
9.0 vs 9.3
9.0 vs 9.2
9.0 vs 9.0
9.0 vs 8.7
9.0 vs 8.5
9.0 vs 8.5
9.0 vs 8.5
9.0 vs 8.4
9.0 vs 8.3
9.0 vs 9.0
Where PASHA Bank digital deposits is available
- Available
- Azerbaijan
- Licence in Azerbaijan
- Central Bank of the Republic of Azerbaijan (250), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What rate does the PASHA Bank digital deposit pay?+
The digital deposit pays a fixed rate of 9.75%, with the rate type recorded as fixed. The term is 3 to 36, so the return is set when the deposit is opened and does not move during the period. For comparison, the savings account median on the site is 3%.
How long do I have to leave the money in the account?+
The term runs for 3 to 36, which is a range of holding periods rather than a single fixed maturity. The deposit is a fixed account, so the balance is committed for the period chosen. The most common length among the savings accounts compared here is 12.
Do I need to visit a branch to open it?+
No. The digital deposit is opened in the PASHA Bank mobile app, and the service is listed as digital-only, a feature 50.7% of brands on the site carry. You place the minimum of AZN 500 through the app and choose the term that suits you. Support is available on phone and email if you need help with the setup.
How is the interest paid?+
Interest is paid either monthly or in one payment at the end of the period, so you can choose a monthly income stream or a single payout. That choice is offered on the digital deposit alongside the fixed rate of 9.75%. It matters for savers who want some return during the 3 to 36 rather than waiting for the end.
Is the money protected and who regulates PASHA Bank?+
The account is provided by PASHA Bank OJSC, which is regulated by the Central Bank of the Republic of Azerbaijan. Being a supervised bank puts it in the group that makes up 27.5% of brands on the site. The published terms cover the rate and the term, and leave the guarantee on the balance unstated.
What do transfers and currency conversion cost?+
Transfers are charged on the amount sent, and the paper-based route costs more than the online route. Currency conversion runs at 0.5% to 1%, which is in line with the savings account median of 0.5%. Someone who converts often will feel these costs more than someone who leaves the balance in place.
Which currencies can I hold?+
Deposits are available in AZN and USD, giving 2 currencies in total. The site median is 5, so this is a narrower range than most of the accounts compared. A business earning and spending in different currencies can still keep both balances, but a saver who expects to hold more currencies will find fewer options here.
Who is this deposit aimed at?+
The audience for this brand is listed as business, so the account is aimed at business users as much as individuals. It suits a business owner parking idle cash for a full term and earning 9.75% fixed. Anyone who needs instant access to savings is looking at the wrong product, because the balance is tied up for 3 to 36.
Sources
- pashabank.az/en checked September 26, 2026
Backs: Features, Founded, Headquarters, Legal entity, Support channels, Licences
“A high-yield deposit you can open without visiting the Bank, simply by downloading the mobile app”
- pashabank.az/en/ferdi-retail-reqemsal-depozit checked September 26, 2026
Backs: Access terms, Account kind, Currencies, Headline rate, Minimum deposit, Pricing model, Rate type, Term
“A high-yield deposit you can open without visiting the Bank, simply by downloading the mobile app”
- pashabank.az/en/ferdi-retail-tarifler checked September 26, 2026
Backs: Currency conversion fee, Transfer fee
“Cash exchange operations: Exchange from foreign currency to AZN: 1% commission; Cashless exchange operations: 0.5% commission”
- pashabank.az/en/haqqimizda checked September 26, 2026
Backs: Audience
“we offer all major financial services, including investment banking, trade financing and asset management to a range of clients, from large corporates to small and medium enterprises”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Deposit protection.
Related by the facts
PASHA Bank digital deposits
Locking a fixed rate in the app without visiting a branch.