National savings program
Bonus will be provided if deposited on a regular term /If failed to deposit regularly, the interest is low/.
Interest
Minimum balance requirement | 10,000 MNT |
Interest | 4.50% + BONUS (If deposited monthly) |
Term | Renews automatically every year |
Interest paying date | Every 12 months from the opening date |
To make a withdrawal | Able to make a withdrawal within 5 days after the interest paying date. It will be automatically extended after that |
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 replacement fee | 3,000 MNT | |
To close an account | 3,000 MNT /Equivalent/ | |
Cash deposit | Free of charge | |
Non cash deposit | Free of charge | |
To close an account | 3,000 MNT /Equivalent/ | |
Cash transaction | 200 MNT | |
Noncash transfer |
Intrabank: 100 MNT /Equivalent/ Interbank:
|
The minimum amounts of regular monthly deposits | After 12 months your deposit will be | Interest*
/yearly rate 4.50%/ |
Bonus
/constant amount/ |
20,000₮ | 240,000₮ | 5,849₮ | 9,100₮ |
50,000₮ | 600,000₮ | 14,622₮ | 22,750₮ |
100,000₮ | 1,200,000₮ | 29,244₮ | 45,500₮ |
200,000₮ | 2,400,000₮ | 58,488₮ | 91,000₮ |
300,000₮ | 3,600,000₮ | 87,732₮ | 136,500₮ |
500,000₮ | 6,000,000₮ | 146,219₮ | 227,500₮ |
1,000,000₮ | 12,000,000₮ | 292,438₮ | 455,000₮ |
* Amount may vary depending on deposited date.
For Mongolian citizens:
Foreign citizens:
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