Savings

Employer Incentive Deposit

We offer employee savings products that will increase the value of your workplace.

Benefits

The employee can debit transaction;
Accounts that receive interest will be decided within the framework of the organization’s policy;
Interest will not be deducted;

Terms and conditions

Conditions
Account currency		MNT, USD
Term of deposit		36 months
Interest rate /annual/	Terms	12 months	24 months	36 months
	MNT	13.5%	14.0%	14.0%
	USD	4.0%	5.0%	5.5%
Interest payment on early termination		Interest will not be deducted
Monthly income for the employer		1% of salary – …% or a fixed amount
Monthly income for the employee		1% of salary – …% or a fixed amount
The percentage of income to be returned to the employee from the savings made by the employer at the time of termination of the savings		Determined by organizational policy.
Debit transactions		Possible
Withdrawal condition		At the end of the period
Method of interest		Composite way
Interest payment conditions		Monthly

Eligibility or required documents

Customer application form; /download here/
Official letter; /Request to open an account/
A copy the registration certificate issued by the State Registration authorities;
Company charter;
Authorized signature, stamp /must be authorized by notary/; /download here/

Terms and conditions

Eligibility or required documents