Cashable term deposit

We offer you a compound interest saving account that allows you to make cash withdrawal transactions without penalty interest or canceling the term.

Receive your deposit interest at the end of each month
Make cash withdrawal transactions from term deposit
Choose terms and currencies that suit your needs
Manage your accounts 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

Term / Currency	Annual interest rate / Annual interest rate for withdrawn amount
Term / Currency	MNT	USD
6 months	10.1% /nominal interest 10.58%/	2.0% /nominal interest 2.02%/
9 months	11.2% /nominal interest 11.79%/	2.4% /nominal interest 2.43%/
12 months	12.5% /nominal interest 13.24%/	2.6% /nominal interest 2.63%/
24 months	12.9% /nominal interest 13.69%/	3.5% /nominal interest 3.56%/
Minimum balance	100,000,000 MNT	50,000 USD
Withdrawal transaction term	Withdrawal transactions can be made once every first week of the month
Withdrawal transaction amount	Amounts above the minimum balance can be withdrawn
Penalty interest rate, in case of termination of contract	3.75%	0.75%

Type	Service	Currency
		MNT	USD
Income transaction	Cash, non-cash income	-
Withdrawal transaction	Cash withdrawal*	-	0.5%
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.