|
Credit line |
MNT | USD | EUR | CNY | JPY |
| Maximum loan amount |
The maximum loan amount will be determined depending business, capital and financial ability |
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|
Loan interest /month/ |
2.0%-1.60% | 1.50%-1.10% | 1.20%-0.85% | 1.20%-0.85% |
1.20%-0.85% |
| Loan interest /annual/ | 24.0%-19.20% | 18.0%-13.20% | 14.4%-10.20% | 14.4%-10.20% |
10.8%-10.20% |
|
Commitment interest /annual/
|
2.80%-4.2% | 2.0%-3.60% | 1.50%-3.0% | ||
| Term of loan | Up to 60 months |
Up to 36 months |
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|
Service fee |
1% of the loan amount or the maximum amount is 1,500,000 MNT | 0.5% of the loan amount or the maximum amount is 1,500 US dollars and the equivalent in EUR, CNY and JPY | |||
| Increased interest |
The increased interest rate is equal to 20% of the principal interest rate |
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|
Benefits of Changes to the Original Loan Term |
0% |
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| Application Fee |
30,000 MNT |
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| Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
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Actual cost /annual/: 19.7%-24.5%
