Corporate regular term deposit
Golomt bank offers corporate customers to earn consistently competitive interest rates.
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Condition MNT /annual interest rate/ USD/annual interest rate/ CNY/annual interest rate/ 1 month 8.00% – – 2 month 8.50% – – 3 month 9.50% 2.00% 1.10% 6 month 10.50% 2.20% 1.30% 9 month 11.00% 2.60% 1.50% 12 month 12.40% 3.20% 1.70% 18 month - 3.20% - 24 month - 3.20% - Oporing balance 5,000,000 MNT 5000 USD 10,000 CNY Penalty rate 2% 0.05% 0.001% To close an account 3,000 MNT /equivalent/ *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.
Short term deposit (Allows no income)
Currency 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 2.00% 24 months term deposit (Allows no income)
Currency 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% If customer currently has an account in Golomt bank, the following additional documents required:
- Official letter requesting to open account
If customer currently has not an account in Golomt bank, the following additional documents required:
- To submit documents that is required in current account of Golomt bank
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