Interest
Certificate term | MNT | USD | |
Interest rate /Annually/
|
3 months | 9.60% | 2.10% |
6 months | 10.60% | 2.30% | |
12 months | 12.50% | 3.30% | |
18 months | 12.60% | 3.30% | |
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 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 | MNT 3000 /Equivalent/ | |
To close an account | Digital channel: 1,000 MNT /Equivalent/ Branch: 3,000 MNT /Equivalent/ |
|
Cash deposit |
/Press HERE for more information/ |
|
Non cash deposit | ***The following fees applied until 11/06/2024
Press HERE for more information. |
***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 certificate of deposit opening, in accordance with decision of the Banking relative units.
The following documents must be enclosed along with the application form:
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