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The employee can debit transaction;
- Accounts that receive interest will be decided within the framework of the organization’s policy;
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Interest will not be deducted;
Categories
Category: Employer Incentive Deposit
We offer employee savings products that will increase the value of your workplace.
Categories
Terms and conditions
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Conditions |
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| Account currency |
MNT, USD |
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Term of deposit |
36 months |
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Interest rate /annual/ |
Terms | 12 months | 24 months |
36 months |
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MNT |
13.5% | 14.0% | 14.0% | |
| USD | 4.0% | 5.0% |
5.5% |
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| Interest payment on early termination |
Interest will not be deducted
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Monthly income for the employer
|
1% of salary – …% or a fixed amount
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Monthly income for the employee
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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.
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Debit transactions |
Possible | |||
| Withdrawal condition | At the end of the period | |||
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Method of interest |
Composite way | |||
| Interest payment conditions |
Monthly |
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- 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/