Nominal interest rate
3.60%-4.80%
Effective interest rate
3.66%-4.91%
Minimum balance
10,000 MNT
Advantages
Currency | Minimum balance requirement | Interest rate /Annual | ||
|---|---|---|---|---|
Account balance | Nominal | Effective* | ||
MNT | 10,000 | up to 50 million MNT | 3.60% | 3.66% |
above 50 million MNT | 4.80% | 4.91% | ||
USD | 10 | 1.00% | 1.00% | |
EURO | 10 | 1.00% | 1.00% | |
CNY | 50 | 0.80% | 0.80% | |
JPY | 1,000,000 | 1.00% | 1.00% | |
Fees on closing accounts | 3,000 MNT | |||
* Effective interest rate is same as Annual percentage yield which means a normalized representation of an interest rate, based on a compounding period of one year
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Open a savings account
Fill out your basic details – name, phone number, and email address and send a request.
Our representative will complete your registration.
Begin your savings journey based on your plan.
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