Author: Batorgil E

Categories
Floating interest deposit

Terms and conditions

Currency

MNT

Terms

 12, 18, 24 months
 

Annual Interest
Up to 499,999,999 /Deposit balance/

Policy interest rate +3.0%

More than MNT 500 million /Deposit balance/

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

Deposit transactions

 Possible
Changes in policy rates
Deposit interest rates to change
Categories
Floating interest deposit

Eligibility or required documents

  • Customer application form; /download here/
  • For Mongolian citizens: Citizens ID card;
  • For Foreign citizens: Passport and certificate of alien registration;
Categories
Flexible term deposit

Benefits

  • The highest interest rate;
  • You can make income and expenses transaction whenever you want;
  • Receive deposit interest on every month;
  • You can manage your account by the Transbank application;
Categories
Flexible term deposit

Terms and conditions

Flexible term deposit

 Conditions
Currency MNT USD

JPY

Terms

 3 months
Interest /annual/
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%
Minimum balance
 10,000 MNT 10 USD

1,000 JPY
Interest payment
 Monthly
Withdrawal

Possible
Income

Possible
Categories
Flexible term deposit

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;
Categories
Microbusiness women support loan

Terms and conditions

Loan amount

 Up to 30 million/The maximum loan amount should not exceed 60% of the average of the last 6 months sales/
Loan interest /monthly/

1.60%-1.80%

Loan interest /annual/

 19.20%-21.60%
Loan term

Up to 12 months

Loan service fee

 0%
Commitment interest

2.8%
Credit reference fee

For each inquiry during loan application (Citizen, Organization) – 1,000 MNT
Categories
Microbusiness women support loan

Requirements

  • Be a self-business woman;
  • Be the owner of the Gerege POS device and Transbank POS device, and the contract for using the device during the loan period is valid;
  • Experience of continuous business for the last 6 months, business income received at least in the last 6 months through current account in TransBank;
  • Having no overdue or non-performing loan balances in other banks and NBFI;
  • The loan applicant’s debt to total income ratio should be 60%
Categories
Microbusiness women support loan

Eligibility or required documents

  • Loan application;
  • A copy the registration certificate issued by the State Registration authorities and Company charter;
  • Identity card;
  • Other banks and financial institutions loan contract, loan accounts statement;
  • Certificate of collateral and related documents;
  • Special licenses, business plans and other documents related to business activities;
Categories
Savings and loans

Benefits

  • No documents and materials;
  • Get a Quick Loan;
  • Get a loan and pay using Onlinebanking;
Categories
Convertible savings collateral loan

Benefits

  • Loans up to 80% of your savings, or the highest possible rate;
  • There is no fee for the loan;