Terms and Conditions |
|
Currency | MNT only |
Annual interest rate | 14.00% |
Available terms | 6, 9, 12 months |
Additional deposit during the term | Not allowed |
Minimum deposit | 500,000,000 MNT |
Withdrawal condition | Frequency: monthly |
Amount: to be negotiated | |
Limit: Withdrawal amount shall not exceed 40% of the initial deposit sum. | |
Early termination without penalty interest | Each quarter |
Interest rate upon early termination of contract /annual/ | 2.4%-4.8% |
Explanation: The client deposits his/her funds and can withdraw a fixed amount every month.