REGULAR TERM SAVINGS

If you plan to start saving for your future needs, we recommend our regular term savings account.

Advantages

  • Choose terms and currencies that suit your needs
  • Higher interest income
  • Open a new account and manage it over Internet bank or 'Arig online' application
  • Have an automated transaction service
  • Up to 20 million MNT insured by Deposit Insurance Corporation
  • Call our 24/7 call center at 7070-1001 to get information and inquiries about your account 

Terms

Term / Currency Annual interest rate
MNT USD EUR CNY
1-13 days 8.0%      
14-29 days 8.2%      
30-59 days 9.6%      
60-89 days 10.2%      
90-179 days 11.2% 1.8% 1.0% 1.0%
180-209 days 11.5%

  

2.4%

  

1.2%

  

1.2%

210-239 days 11.9%
240-269 days 12.3%
270-299 days 12.7%

  

2.8%

  

1.5%

  

1.5%

300-329 days 13.1%
330-364 days 14.0%
365-389 days 14.0% 4.0% 1.7%   1.7%
390-539 days 14.2%      
540-719 days 14.3%      
720-749 days 14.4%      
Minimum balance 10,000 MNT 10 USD 10 EUR 50 CNY
Penalty interest rate 4.0% 0.75% 0.0% 0.5%

Fees and commissions

 

Type

 

Service

Currency
MNT USD EUR CNY
Income transaction Cash, non-cash income -
Withdrawal transaction Cash withdrawal* - 0.5% 0.3% 0.4%
Cash transaction

Interbank transaction /before 16 pm/

1,000 MNT 1,500 MNT
Interbank transaction /after 16 pm/ 1,000 MNT 3,000 MNT
Non-cash transaction Transaction between own accounts -
Transaction between Arig bank accounts 100 MNT
Interbank transaction  /up to 5 million MNT/ 200 MNT 0.5 USD
Interbank transaction  /more than 5 million MNT/ 400 MNT 0.5 USD
Open an account -
Saving book 1,000 MNT
Account statement /per sheet/ 100 MNT
Close an account 1,000 MNT

* A commission will be charged if the non-cash income in the account is spent in cash

Click HERE to see the general terms and conditions of the bank's products and services.

Required documents

  • Citizen identity card or Passport
  • For foreigners in addition Certificate of alien registration

In order to establish a stable financial relationship with the customer, Arig bank is offering an additional annual interest rate of 3.5% on a 1-749 days term deposit that is newly opened or extended, depending on the deposit term and amount.

FEATURED

REVELATION