Savings backed loan
If you hold a fixed-term deposit with our bank, you can use it as collateral to quickly obtain a low interest loan online no need to visit the bank in person.
Benefits
  • No additional documents required;
  • Quick and easy access to a loan;
  • Apply and manage your loan through Online Banking;
Terms and conditions
Terms Savings and loans
Maximum Loan Amount
The combined amount of the loan and interest will not exceed the balance of the savings
Loan interest /annual/
Branch Loans
More than 1 billion MNT /Deposit balance/
Annual deposit interest +4%
From MNT 500,000,001 to MNT 1 billion /Deposit balance/
Annual deposit interest +5%
Up to 500,000,000 MNT /Deposit balance/
Annual deposit interest +6%
Online loan : Annual interest of deposit + 6%
Loan currency MNT
Loan Term
The loan term is determined by the maturity date of the deposit
Loan Fees
0%
Fee for changes to original loan conditions
0%
Application Fee
0 MNT

Actual cost /annual/: Annual interest of deposit + 4%-6%

Eligibility or required documents
  • Loan application form (bank template);
  • Identity card;
  • If the loan is applied for under a power of attorney, the document must explicitly state the authority to obtain the loan;