Demand savings /Monthly interest/

Demand savings /Monthly interest/

Demand deposit account has the most variety of currencies, is able to make deposits and withdrawals, and pays interest monthly.
  • Interest

    Interest 0-50 million MNT Over 50 million MNT
    Nominal rate No interest*
    Effective rate

    *As the Law on the Prevention, Control and Reduction of the Socio-Economic Impact of Coronavirus Infection (COVID-19), article 10.4 of the law states that interest will not be paid for any type of demand deposit account during the pandemic, will not pay interest on any demand deposit accounts, starting from January 29, 2021, until the end of the law’s implementation.

     

    Fees and commissions

    To open new account Free of charge
    Savings book fee Free of charge
    Savings book fee if the old one is full Free of charge
    Savings book replacement fee 3000 MNT /Equivalent/
    To close an account Digital channel: 1,000 MNT /Equivalent/
    Branch: 3,000 MNT /Equivalent/
    Cash deposit MNT, USD – Free of charge/Press here/
    Non cash deposit MNT Free of charge
    USD
    • 0.50%
    Other currency Press here
    Cash transaction At Golomtbank Branch  200 MNT /Equivalent/
    Noncash transfer E-bank
    • 100 MNT /Equivalent/
    Interbank
    • 0-5,000,000 MNT – 200 MNT
    • Over 5,000,001 MNT – 400 MNT
    • Documents:
      • Mongolian citizens: Valid ID card only;
      • Children under 18: Birth Certificate AND ID card of the child’s legal custodian;
      • Foreign citizens: Valid passport, Employee reference letter OR official letter of settlement in Mongolia;
    • Minimum opening deposit /as stated in Terms&Conditions table/;
    • 1 passport size picture

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  • 0
    100000000
    2000000000
    0
    20.8
    70
    0
    8
    30
    1
    12
    360

    Your loan calculation

    Monthly payment

    Salary amount (45%)


    Down payment

    Loan amount

  • 10000
    25000000
    2000000000
    10000
    100000
    5000000
    1
    15
    30
    1
    24
    30

    Calculate your savings

    The money you saved

    Total interest

    Total

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