| Flexible term deposit |
Conditions |
|||
| Currency |
MNT |
USD | JPY | |
| Terms |
3 months |
|||
| Nominal interest rate | 0 – 99,999,999 MNT and equivalent currency |
8.0% |
2.0% |
1.5% |
| 100,000,000 – 499,999,999 MNT and equivalent currency |
9.0% |
2.25% |
1.75% |
|
| More than 500,000,000 MNT or equivalent currency |
10.0% |
2.5% |
2.0% |
|
| Effective interest rate | 0 – 99,999,999 MNT and equivalent currency |
8.30% |
2.02% |
1.51% |
| 100,000,000 – 499,999,999 MNT and equivalent currency |
9.38% |
2.27% |
1.76% |
|
| More than 500,000,000 MNT or equivalent currency |
10.47% |
2.53% |
2.02% |
|
| Minimum balance |
10,000 MNT |
10 USD |
1,000 JPY |
|
| Interest payment |
Monthly |
|||
| Withdrawal |
Allowed |
|||
| Deposit |
Allowed |
|||
Dear Customer, by depositing the interest you received into your savings account on the same day, you will have the opportunity to earn a return based on the “Effective Interest Rate”. If the interest is not re-deposited into your savings account, your returns will be calculated based on the Nominal Interest Rate.