FIXED AMOUNT TERM DEPOSIT PRODUCT
Fixed amount term deposit product of Khan Bank offers you the opportunity place your money with high interest rate.
Account characteristics:
- High interest
- Currency: MNT
- No withdrawals or funds prior to maturity
- Not connected to automatic savings plan
- Deposit account can be used as collateral for bank loans.
Interest:
|
"Fixed amount term deposit'
|
MNT |
| Minimum balance |
Annual interest rate |
Penalty interest rate |
| 90 days |
20,000 |
9.0% |
4% |
| 180 days |
12.0% |
| 365 days |
14.0% |
| 18 months |
14.2% |
| 24 months |
14.4% |
Required documents for residents:
Mongolians:
- Personal ID or Foreign passport.
- Completed "Account opening application form"
Foreigners:
- Foreign passport.
- Completed "Account opening application form"
- Resident permit
For nonresidents, the bank opens accounts on case by case basis, which requires additional KYC documents such as (but not limited to) bank reference and employer reference. Please contact our Priority Banking (Tel: 976-70075178; Fax: 976-70075188; Address: Altai Center, Sukhbaatar District, Chinggis Avenue -8, Ulaanbaatar, Mongolia) for more information.
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