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Get a loan as soon as possible if you have a financial need;
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Flexible conditions;
Salary Loan
A payroll loan service that promptly addresses your financial needs based on your salary income.
Benefits
Terms and conditions
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Salary loan |
Conditions |
|
Maximum loan amount
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Up to 30 million MNT |
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Loan interest /month/
|
1.5%-2.0% |
| Loan interest /annual/ |
18.0%-24.0% |
| Loan Term |
Up to 30 months |
| Loan Benefits |
1% of the loan amount
|
| Increased interest |
The increased interest rate is equal to 20% of the principal interest rate |
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Fee for modification of the original loan conditions
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Up to 1% of the loan balance /Maximum amount 1,000,000 MNT/
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Application Fee
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10,000 MNT |
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Credit database reference fee
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1,000 MNT |
Actual cost/annual/: 19.1%-24.9%
Eligibility or required documents
- Loan application form (bank template), ID card, 1 passport-size photo
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Social Security Reference
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Description of residence
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Description of the organization
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Account Statement
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Other documents as required by the Bank
