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Terms and Conditions

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.