“Child Allowance” deposit

“Child Allowance” deposit

Save the monthly child allowance of your children, distributed from Mongolian government to every child below the age of 18 years, with highest interest rate
Interest Rate
8.60%
  • Interest

    Currency MNT
    Minimum balance requirement 100 MNT
    Interest rate /annual/ 8.60%
    Term 12 months
    Penalty rate* 2.40%

    * 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 /Equivalent/
    To close an account 3,000 MNT /Equivalent/
    Cash deposit Free of charge
    Non-cash deposit

    /fee will be transferred back if the non-cash deposit is withdrawn by non-cash/

     

    MNT Free of charge
    USD 0-200,000$

    Over 200,000$

    0.25%

    0.20%

    Other currency Press here
    Cash withdrawal
    • At Golomtbank Branch – 200 MNT /Equivalent/
    Non-cash withdrawal E-bank
    • 100 MNT /Equivalent/
    Interbank
    • 0-3,000,000 MNT – 300 MNT
    • Over 3,000,001 MNT, Foreign currency transaction regardless of the amount – 400 MNT
    • Completed current account application form
    • You can choose the any following ways to fill out the application at your convenience
    • Go to the bank in person and fill out the application
    • Children’s birth certificate(child over the age of 16 years must bring the valid ID card)
    • Children’s representative person: valid ID card (mother or father, legal custodian, authorized representative)

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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

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