| Employer’s Incentive Savings | Conditions | ||||
| Account currency | MNT, USD | ||||
| Terms | 12 months | 24 months | 36 months | ||
| Annual interest rate | MNT | Nominal | 13.50% | 14.00% | 14.00% |
| Effective | 14.37% | 14.93% | 14.93% | ||
| USD | Nominal | 4.00% | 5.00% | 5.50% | |
| Effective | 4.07% | 5.12% | 5.64% | ||
| Interest rate upon early termination of contract | – | ||||
| A fixed monthly income for the employer | 1% of basic salary – …%
/Decided within the framework of the organization’s policy./ |
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| A fixed monthly income for the employee | 1% of basic salary – …%
/Decided within the framework of the organization’s policy./ |
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| The percentage of earnings returned to the employee from the savings contributed by the employer at the time of termination of the savings | Decided within the framework of the organization’s policy. | ||||
| Deposit condition | Possible | ||||
| Withdrawal condition | End of the term | ||||
| Interest capitalization | Monthly | ||||
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