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Current Asset Loan
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MNT | USD | EUR | CNY |
JPY |
| Maximum loan amount | The maximum loan amount will be determined depending business, capital and financial ability | ||||
| Loan interest /month/ |
2.0%-1.6% |
1.5%-1.1% | 1.2%-0.85% | 1.2%-0.85% |
1.2%-0.85% |
| Loan interest /annual/ |
24.0%-19.2% |
18.0%-13.2% | 14.4%-10.2% | 14.4%-10.2% |
14.4%-10.2% |
| Term of loan |
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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| Period of exemption from principal |
Up to 12 months
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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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- Home
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Current asset loan
Current asset loan
Үйл ажиллагааны орлого, ашигаа нэмэгдүүлэх, бүтээгдэхүүн үйлчилгээний чанараа сайжруулах, төрлөө нэмэгдүүлэх, шаардлагатай санхүүгийн хэрэгцээгээ бүрэн хангах бизнес эрхлэгч иргэн, аж ахуйн нэгж, харилцагчиддаа эргэлтийн хөрөнгийн зээлийг уян хатан, таатай нөхцөлөөр авахыг санал болгож байна.
Terms and conditions
Requirements
- Last 12 months continuous business experience;
- Qualify for collateral
- Other requirements from the bank.
Eligibility or required documents
- Loan application letter.
- Loan application /from Bank/
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Resolution of the Board of Directors/Shareholders’ Meeting/ on taking a loan. /The decision specifying the requested loan amount, interest rate, term, and collateral and appointing the person authorized to sign/
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Copy of Company Certificate, Copy of Company Articles of Association /Stamp of the State Registry/
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Copy of identity card of the person authorized to sign the loan agreement / founders, general director, executive director, etc., borrower’s resume
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Special licenses, business plans and other documents related to business activities
- References /in the name of Organization and major shareholders/
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Other Required documents
