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No additional documents required;
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Quick and easy access to a loan;
- Apply and manage your loan through Online Banking;
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
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 +5% | |
| Up to 1 billion 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 + 5.00%-6.00%
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;
