Regular term deposit
Term deposit with various interest rates depending on account term.
Deposit characteristics:
- Unlimited deposit and withdrawal transactions.
- Non-cash interest payment upon maturity.
- Make withdrawals within 14 days after deposit maturity.
- Automatic renewal upon account maturity.
- Deposit account can be used as collateral for bank loans.
|
Term
|
MNT
|
USD
|
|
Min balance
|
Annual interest fee
|
Reduced interest rate
|
Min balance
|
Annual interest fee
|
Rreduced interest rate
|
|
180 days
|
-
|
11.4 %
|
4.0%
|
-
|
3.0 %
|
1.2 %
|
|
360 days
|
13.4 %
|
3.6 %
|
Required documents:
- Completed "Account opening application form" of Khan Bank.
- Personal ID/ Passport.
|