Easy way to make savings
Trade and Development Bank started to provide RECURRING PAYMENT service since 2005 to help customer to save money by using simple and fast transaction.
If you registered this service, we will make transaction for your requested date (day, month, quarter) and amount by automatically.
You can choose recurring payment service for your need.
- For savings
- For loan payment (TDB and other banks loan payment by this automate transfer)
- To pay constant payment on time (apartment, electric, phone, Owner’s Association, lending payment)
Requirement:
Government ID
Fee and commission:
|
Register
|
No fee
|
|
Cancel
|
No fee
|
|
Transaction fee (for each)
|
to Term deposit
|
No fee
|
|
Other account
|
100 MNT or equal with 100 MNT
|
HOW TO MAKE HAVING A SAVINGS?
Easy way to make savings
Trade and Development Bank started to provide RECURRING PAYMENT service since 2005 to help customer to save money by using simple and fast transaction.
If you registered this service, we will make transaction for your requested date (day, month, quarter) and amount by automatically.
You can choose recurring payment service for your need.
- For savings
- For loan payment (TDB and other banks loan payment by this automate transfer)
- To pay constant payment on time (apartment, electric, phone, Owner’s Association, lending payment)
Requirement:
Government ID
Fee and commission:
|
Register
|
No fee
|
|
Cancel
|
No fee
|
|
Transaction fee (for each)
|
to Term deposit
|
No fee
|
|
Other account
|
100 MNT or equal with 100 MNT
|
HOW TO MAKE HAVING A SAVINGS?
To save-50,000 MNT every month
Savings account annual interest rate -14%
|
After
|
Your saving (MNT)
|
Bank interest (MNT)
|
Total amount in your account (MNT)
|
|
1 year
|
600,000
|
38,500
|
638,500
|
|
5 years
|
3,000,000
|
1,220,551
|
4,220,551
|
|
10 years
|
6,000,000
|
6,346,862
|
12,346,862
|
How much will you get after 18 years, if you open a CHILDREN SAVINGS ACCOUNT for your children’s future and take this service?
Annual interest rate - 14.2%
to put every month into the account – 20,000 MNT
4,320,000 MNT (your deposit) + 13,526,864 MNT (bank interest) = 17,846,864 MNT (total amount after 18 years)
