Deposit calculator
Compounding means earning interest on interest. The more often the bank compounds, the higher the effective rate for the same nominal one: 15% a year compounded monthly gives 16.08%, compounded annually 15%. The bank withholds 23% of the interest itself: 18% income tax and a 5% military levy.
Deposit reinvest calculator
Future value
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Earnings
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Effective APY
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Compound-interest formula. Compounding frequency affects effective APY (monthly compounding yields higher APY than annual at the same nominal rate). During martial law and for three months after it ends, the Deposit Guarantee Fund repays deposits in full; after that the guarantee will be at least UAH 600,000.
What it covers
- compounding frequency
- the effective rate
- 23% tax on interest
What it leaves out
- top-ups and partial withdrawals
- penalties for early termination
- rate changes by the bank
Rates in this calculator were checked on 5 October 2026 · all rates and sources