|
Conditions |
MNT |
USD |
|
Loan amount |
Up to 3.5 billion MNT and equivalent currency
|
|
| Loan interest /month/ | 2.0%-1.6% |
1.5%-1.0% |
|
Loan interest /annual/ |
24.0%-19.2% | 18.0%-12.0% |
| Commitment interest /annual/ | 4.2%-2.8% |
3.6%-2.0% |
|
Loan terms |
up to 12 months | |
| Service fee |
1% of the loan amount, maximum amount of 1,500,000 MNT and equivalent currency |
|
|
Increased interest |
The increased interest rate is equal to 20% of the principal interest rate | |
| Fee for modification of the original loan conditions |
0% |
|
|
Application Fee |
30,000 MNT | |
| Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
|
- Home
- Organization
- Loans
Credit line /For suppliers/
Credit line /For suppliers/
A loan product secured by original customs documents for unregistered vehicles and heavy-duty machinery
Terms and conditions
Requirements
- Experience in continuous business over the past 12 months;
- Qualify for collateral;
- Other requirements of the bank.
Eligibility or required documents
- Loan application letter;
- Loan application /from Bank/;
- A copy of the certificate and charter must be certified by a notary;
- Financial report certified by audit and tax office /last 1-3 years/;
-
Collateral information, related documents;
- Other documents;
