- Loan amount up to 90% of your deposit balance;
-
No loan disbursement fee;
Loan Secured by Floating Interest Savings
Benefits
Terms and conditions
|
Loan currency |
MNT |
| Maximum Loan Amount |
The total amount of loan and interest does not exceed 90% of the deposit; |
|
Loan Term |
The loan term is equal to the maturity date of the deposit |
| Loan interest rate /annual/ |
Deposit annual interest + 4%, 5%, or 6% (depending on the deposit balance) |
|
If the deposit interest rate changes
|
the loan interest rate will also change accordingly
|
|
Penalty interest
|
20% higher than the regular interest rate
|
|
Application Fee |
– |
| Service fee |
– |
|
Fee for changes to the original loan conditions |
0% |
|
Credit database reference fee
|
No fee |
Actual cost /annual/: Annual interest of deposit + 4%-6%
Eligibility or required documents
- Loan application form (bank template);
- Identity card;
- If a loan is to be taken under a power of attorney, the power of attorney must explicitly authorize the taking of the loan;
