- High interest rates in the short term;
- Deposit transactions are allowed anytime;
Categories
Categories
Terms and conditions
Term |
6 months |
12 months |
||
Currency |
MNT |
USD |
MNT |
USD |
Interest /annual/ |
11.0% |
4.0% |
14.0% |
4.0% |
Interest payment on early termination |
2.4% |
0.6% |
2.4% |
0.6% |
Interest payment on early termination |
10,000 MNT |
10 USD |
10,000 MNT |
10 USD |
Interest payment conditions |
End of the period |
|||
Deposit transactions |
Allowed |
|||
Withdrawal condition |
At maturity |
|||
Categories
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
Benefits
- High interest rates in the short term;
- Deposit transactions are allowed anytime;
Categories
Terms and conditions
Term |
6 months |
12 months |
||
Currency |
MNT |
USD |
MNT |
USD |
Interest /annual/ |
11.0% |
4.0% |
14.0% |
4.0% |
Interest payment on early termination |
2.4% |
1.2% |
2.4% |
1.2% |
Interest payment on early termination |
10,000 MNT |
10 USD |
10,000 MNT |
10 USD |
Interest payment conditions |
End of the period |
|||
Debit transactions conditions |
Allowed |
|||
Credit transactions conditions |
At maturity |
|||
Categories
Eligibility or required documents
-
Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration
- Loan amount up to 90% of your deposit balance;
-
No loan disbursement fee;
|
Loan currency |
MNT |
| Maximum Loan Amount |
The total amount of loan and interest does not exceed 90% of the deposit; |
|
Loan Term |
The loan term is equal to the maturity date of the deposit |
| Loan interest rate /annual/ |
Deposit annual interest + 5%, or 6% (depending on the deposit balance) |
|
If the deposit interest rate changes
|
the loan interest rate will also change accordingly
|
|
Penalty interest
|
20% higher than the regular interest rate
|
|
Application Fee |
– |
| Service fee |
– |
|
Fee for changes to the original loan conditions |
0% |
|
Credit database reference fee
|
No fee |
Actual cost /annual/: Annual interest of deposit + 5.00%-6.00%
- Loan application form (bank template);
- Identity card;
- If a loan is to be taken under a power of attorney, the power of attorney must explicitly authorize the taking of the loan;
Categories
Benefits
- Loan amount up to 75% of your deposit balance;
-
No loan disbursement fee;