Floating interest deposit
In the event of a change in the policy rate announced by the Bank of Mongolia, the savings rate will be changed on a quarterly basis, with an additional interest rate of up to 3.5%
Benefits
  • Highest interest rates;
  • Earn your interest on quarterly basis;
  • Withdrawals are allowed for 7 calendar days in each quarter;
  • Deposit transactions are allowed anytime;
Terms and conditions

Currency

MNT

Terms

12, 18, 24 months

Annual Interest

Up to 499,999,999 /Deposit balance/

Policy interest rate +3.0%

More than MNT 500 million /Deposit balance/

Policy interest rate + 3.5%

Minimum balance

100,000,000 MNT

Interest payment on early termination

2.4%-4.8%

Interest payment conditions

Quarterly

Withdrawal condition

Quarterly

Deposit transactions

Possible

Changes in policy rates

Deposit interest rates to change

Eligibility or required documents
  • Customer application form; /download here/
  • For Mongolian citizens: Citizens ID card;
  • For Foreign citizens: Passport and certificate of alien registration;