-
Highest interest rates;
- Deposit account that allows monthly withdrawals;
- Additional deposits allowed anytime;
Categories
Author: Batorgil E
Categories
Terms and conditions
Terms |
6 months |
Currency |
MNT |
Annual Interest |
14% |
Interest payment on early termination |
2.4% |
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;
Categories
Terms and conditions
Hedged |
Conditions |
|
Account currency |
MNT |
|
Term of deposit |
6 months |
12 months |
Annual Interest |
6.0% |
7.0% |
Early termination interest rate |
2.0% /annual interest/ |
|
Minimum balance |
1,000,000,000 MNT |
|
Interest payment conditions |
At the end of the period |
|
Categories
Terms and conditions
| Conditions | |
|
Maximum Loan Amount
|
Not more than 70 percent of the value of the apartment /In cases where the apartment is pledged as collateral for the down payment, this percentage requirement shall not apply/ |
| Down payment |
30% or more
|
| Loan interest /annual/ | 6.00% |
| Loan terms | Up to 360 months |
| Service fee |
1% of the granted loan amount or /up to 1,500,000 MNT/
|
|
Increased interest
|
Equal to 20 percent of the basic interest rate
|
|
Application Fee
|
10,000 MNT |
|
Credit database reference fee |
For each inquiry during the loan/Citizen, Organization/ – 1,000 MNT |
Actual cost /annual/: 6.1%
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% |
Minimum balance |
10,000 MNT |
Interest payment conditions |
End of the period |
Additional deposits |
Allowed |
Withdrawal condition |
Monthly |
-
Customer application form; /download here/
-
For Mongolian citizens: Citizens ID card;
-
For Foreign citizens: Passport and Residence permit in Mongolia;
Categories
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;