Savings

Floating Interest Deposit

We offer you a savings product that allows you to get high returns in line with the policy interest rate announced by the Bank of Mongolia.

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

Floating interest deposit
Account currency	MNT
Term of deposit	12, 18 and 24 months
Interest rate /annual/	Up to 499,999,999 MNT	Policy interest rate +3.0%
	More than 500 million MNT	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
Debit transactions	Possible
Changes in policy rates	Deposit interest rates to change

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/
Authorized person’s documents such as identification card;

Terms and conditions

Eligibility or required documents