-
Highest interest rates;
- Earn your interest on quarterly basis;
- Withdrawals are allowed for 7 calendar days in each quarter;
- Additional deposits are allowed anytime;
Categories
Month: January 2025
Categories
Terms and conditions
Floating interest deposit |
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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 |
Allowed |
|
Changes in policy rates |
Deposit interest rates will be adjusted accordingly |
|
- Customer application form; /download here/
- Official letter; /Request to open an account/
- A copy of 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;
Categories
Benefits
- Receive monthly interest on savings and get a regular income;
- Additional deposits can be made at any time;
-
Higher than the average interest rate;
Categories
Terms and conditions
Account currency |
MNT |
USD |
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Term of deposit |
Nominal interest rate |
Effective interest rate |
Nominal interest rate |
Effective interest rate |
3 – 6 months |
11.3% |
11.9% |
3.8% |
3.87% |
7 – 12 months |
12.5% |
13.24% |
3.8% |
3.87% |
Interest payment on early termination |
2.4%-4.8% |
1.2% |
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Minimum balance |
1,000,000 MNT |
1,000 USD |
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Interest payment conditions |
Every month |
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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.
- Customer application form; /download here/
- Official letter; /Request to open an account/
- A copy of 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;
Categories
Benefits
-
Highest interest rates;
- Deposit account that allows monthly withdrawals;
- Additional deposits allowed anytime;
Categories
Terms and conditions
Terms |
6 months |
Currency |
MNT |
Annual Interest |
14% |
Interest payment on early termination |
2.4%-4.8% |
Minimum balance |
10,000 MNT |
Interest payment conditions |
End of the period |
Additional deposits |
Allowed |
Withdrawal condition |
Monthly |
- 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;
Categories
Benefits
- High interest return in a shorter period of time;
- Currency exchange rate risk can be hedged as the deposit is converted;
- Take low-interest deposit collateralized loan;