Term Deposit

Product terms:

Period Interest rate /annually/
  MNT USD EUR CNY JPY
1 month 7.8% 2.0% 1.4% 1.4% 1.4%
2 months 8.8% 2.5% 1.6% 1.6% 1.6%
3 months 9.8% 3.0% 1.8% 1.8% 1.8%
4 months 10.6% 3.1% 2.0% 2.0% 2.0%
5 months 11.4% 3.1% 2.2% 2.2% 2.2%
6 months 12.0% 3.2% 2.4% 2.4% 2.4%
7 months 12.2% 4.2% 2.6% 2.6% 2.6%
8 months 12.4% 5.0% 2.8% 2.8% 2.8%
9 months 12.6% 6.0% 3.0% 3.0% 3.0%
10 months 13.2% 6.4% 3.1% 3.1% 3.1%
11 months 13.8% 6.8% 3.2% 3.2% 3.2%
12 months 14.4% 7.2% 3.3% 3.3% 3.3%
13 months 14.5% 7.3% 3.4% 3.4% 3.4%
14 months 14.5% 7.3% 3.4% 3.4% 3.4%
15 months 14.6% 7.3% 3.4% 3.4% 3.4%
16 months 14.6% 7.3% 3.5% 3.5% 3.5%
17 months 14.6% 7.3% 3.5% 3.5% 3.5%
18 months 14.8% 7.4% 3.6% 3.6% 3.6%
19 months 14.9% 7.5% 3.65% 3.65% 3.65%
20 months 14.9% 7.5% 3.65% 3.65% 3.65%
21 months 15.0% 7.5% 3.65% 3.65% 3.65%
22 months 15.0% 7.5% 3.65% 3.65% 3.65%
23 months 15.0% 5.5% 3.65% 3.65% 3.65%
24 months 15.2% 7.6% 3.7% 3.7% 3.7%
Penalty interest rate on pre-mature 3.6% 1.2% 0.6% 0.6% 0.6%
Minimum balance required 10,000 MNT 10 USD 10 EUR 100 CNY 1,000 JPY

Documents required:

  • Service application /download/;
  • Mongolian citizen: National registration ID;
  • Foreign citizen: Passport and certificate of alien registration.

Benefits:

  • Make savings;
  • Available to receive interest income on every month and receive interest income on monthly interest;
  • Availabe to make deposit.

Product terms:

Deposit interest rate Currency interest rate /annually/
Period MNT USD EUR CNY JPY
1 month 6.6% 1.6% 1.0% 1.0% 1.0%
2 months 7.6% 2.2% 1.2% 1.2% 1.2%
3 months 8.4% 2.6% 1.4% 1.4% 1.4%
4 months 9.0% 2.8% 1.6% 1.6% 1.6%
5 months 9.8% 2.8% 1.8% 1.8% 1.8%
6 months 10.6% 2.8% 2.0% 2.0% 2.0%
7 months 10.8% 3.6% 2.2% 2.2% 2.2%
8 months 11.0% 4.4% 2.4% 2.4% 2.4%
9 months 11.2% 5.0% 2.6% 2.6% 2.6%
10 months 11.8% 5.4% 2.7% 2.7% 2.7%
11 months 12.4% 5.8% 2.8% 2.8% 2.8%
12 months 13.0% 6.2% 2.9% 2.9% 2.9%
13 months 13.1% 6.4% 3.0% 3.0% 3.0%
14 months 13.1% 6.4% 3.0% 3.0% 3.0%
15 months 13.2% 6.4% 3.0% 3.0% 3.0%
16 months 13.2% 6.5% 3.1% 3.1% 3.1%
17 months 13.2% 6.5% 3.1% 3.1% 3.1%
18 months 13.4% 6.6% 3.2% 3.2% 3.2%
19 months 13.5% 6.7% 3.25% 3.25% 3.25%
20 months 13.5% 6.7% 3.25% 3.25% 3.25%
21 months 13.6% 6.7% 3.25% 3.25% 3.25%
22 months 13.6% 6.7% 3.25% 3.25% 3.25%
23 months 13.6% 6.7% 3.25% 3.25% 3.25%
24 months 13.8% 6.8% 3.3% 3.3% 3.3%
Penalty interest rate on pre-mature  3.6% 1.2% 0.6% 0.6% 0.6%
Minimum balance 1,000,000 MNT 1,000 USD 1,000 EUR 5,000 CNY 50,000 JPY
The frequency of interest rate Monthly

Documents required:

  • Service application /download/;
  • Mongolian citizen: National registration ID;
  • Foreign citizen: Passport and certificate of alien registration.

Advantages:

  • Available to open an account up to 1-18 years of duration;
  • Available to deposit fixed or irregular;
  • The interest rate is adjusted to the highest interest rate of the one-year term announced by the Bank;
  • Available to extend the term deposit for 365 days as many time you wish.

Product terms:

 DEPOSIT INTEREST RATE INTEREST RATE /ANNUALLY/
Period MNT USD EUR CNY JPY
1 12 months 14.8% 7.4% 3.5% 3.5% 3.5%
Penalty interest rate on pre-mature 3.6% 1.2% 0.6% 0.6% 0.6%
Minimum balance 10,000 MNT 10 USD 10 EUR 100 CNY 1,000 JPY
The frequency of interest rate Yearly

Documents required:

  • Service application /download/;
  • Personal ID or Passport;
  • Children’s birth certificate.

Our current term deposit interest rates are shown above. However, the interest rate for the USD term deposits will be updated from April 06, 2020 /View rates here/