Repaid Interest Deposit
TransBank offers a special deposit account service that enables you to earn monthly interest income on your term deposits, credited directly to your current account, providing you with a steady and regular income stream.
Benefits
  • Receive monthly interest on savings and get a regular income;
  • Debit transactions whenever you want;
  • Higher than the average interest rate;
Terms and conditions

Conditions

Annual Interest

Terms of deposit

MNT

USD

3 – 6 months

11.3%

3.8%

7 – 12 months

12.5%

3.8%

Interest payment on early termination

2-4%-4.8%

1.2%

Minimum balance

1,000,000 MNT

1,000 USD

Interest payment condition

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/
  • Authorized person’s documents such as identification card;