Fixed term deposit-allows no income

Fixed term deposit-allows no income

Reward yourself for saving by growing your money with fixed term deposits. No deposits or withdrawals are allowed during deposit period.
Interest Rate
12.50%
  • Interest

    Currency MNT USD
    Minimum deposit 100,000 MNT 100 USD
    Interest rate /annual/ 3 months 9.60% 1.30%
    6 months 10.60% 1.60%
    12 months 12.50% 2.10%
    18 months 12.60% 2.20%
    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.

     

    Short term deposit (Allows no income)

    Currency MNT
    Minimum deposit 100,000 MNT
    Interest rate Deposit amount 1 month 2 months 3 months
    Up to 1 billion MNT 8.00% 8.50% 9.50%
    Between 1-5 billion MNT 8.60% 9.10% 9.60%
    Above 5 billion MNT 9.00% 9.50% 9.70%
    Penalty rate* 2.40%

     

    24 months term deposit (Allows no income)

    Currency USD
    Minimum deposit 100,000 USD
    Interest rate 100,000-500,000 USD 2.50%
    500,000-2,000,000 USD 3.00%
    Above 2,000,000 USD 3.50%
    Penalty rate* Up to 12 months 0.50%
    Above 12 months 1.40%

     

    Fees and commissions

    To open an account Free of charge
    Savings book fee for a new account​ 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/
    • For Mongolian citizens: Valid ID card only
    • For 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

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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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