Interest
Currency | MNT | USD | |
Minimum balance requirement | 1,000,000 MNT | 1,000 USD | |
Interest rate /annual/ | 3 months | 8.60% | 2.00% |
6 months | 10.00% | 2.20% | |
12 months | 11.40% | 2.60% | |
Penalty rate* | Saved for 0-6 months | 2.40% | 0.20% |
Saved for more than 7 months | 0.50% |
* Depending on saved duration, fixed penalty rates are payable on pre-mature withdrawals or account closing.
Fees and commissions
To open an account | Free of charge | |
Savings book fee | Free of charge | |
Savings book fee if the old one is full | Free of charge | |
Savings book fee if the customer has lost the savings book | 3,000 MNT | |
To close an account | Digital channel: 1,000 MNT /Equivalent/ Branch: 3,000 MNT /Equivalent/ |
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Cash deposit |
/Press HERE for more information/ |
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Non-cash deposit |
***The following fees applied until 11/06/2024
Press HERE for more information. If non-cash deposit is withdrawn in non-cash transfer, the fee will be refunded. |
***The following fees will be applied from 11/07/2024
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*Publicly announced interests can be increased by up to 4.1% for the customers with stable relationship in case of extension and new account opening, in accordance with decision of the Banking relative units.
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