Categories
Employer Incentive Deposit

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

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