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Gold collateralizet loan |
Loan secured by certified gold bullion
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Loan secured by uncertified gold bars
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Gold loan without sample determination
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Term |
Up to 12 months
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Up to 6 months
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Up to 3 months
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Loan amount
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Net weight* of gold Specimen*Gold Bank of Mongolia rate* (100%- Tax)*90% or 20% of equity up to | Net weight* of gold Specimen*Gold Bank of Mongolia rate* (100%- Tax)*80% or 20% of equity up to |
Gross weight* of gold from specimen /gold mining Stock samples before concluded bottom of specimen by amount/*(100%- Tax)*60% or 20% of equity up to
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MNT interest rate
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month |
1.8%-1.6% |
1.9%-1.6% |
2.0%-1.6% |
| annual |
21.6%-19.2% |
22.8%-19.2% |
24.0%-19.2% |
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US dollar interest rate
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month |
1.25%-1.0% |
1.35%-1.0% |
1.35%-1.0% |
| annual |
15.0%-12.0% |
16.2%-12.0% |
16.2%-12.0% |
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| EUR interest rate | month |
1.25%-1.0% |
1.35%-1.0% |
1.35%-1.0% |
| annual |
15.0%-12.0% |
16.2%-12.0% |
16.2%-12.0% |
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| CNY interest rate | month |
1.25%-1.0% |
1.35%-1.0% |
1.35%-1.0% |
| annual |
15.0%-12.0% |
16.2%-12.0% |
16.2%-12.0% |
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| JPY interest rate | month |
1.25%-1.0% |
1.35%-1.0% |
1.35%-1.0% |
| annual |
15.0%-12.0% |
16.2%-12.0% |
16.2%-12.0% |
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Service Fee
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Free |
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Application Fee
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30,000 MNT |
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Collateral |
Gold |
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Requirements for Collateralized Gold Bullion
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Gold bullion with proof of gold and silver specimens tested by an accredited precious metals assay laboratory
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Gold bullion with certificate of melting of precious metal ordered to be tested by an accredited laboratory of precious metals
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A gold deposit report should be issued, and the report should have a sample report indicating the amount of gold content | |
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Gold collateralizet loan
Gold collateralizet loan
Dear customer, this is a loan for expanding your business activities and solving your financial needs without having to sell your gold. It is characterized by the fact that there are few documents to be submitted, and it is possible to meet the need for cash within 1-4 working hours.
Terms and conditions
Requirements for Collateralized Gold Bullion
- Gold bars with proof of gold or silver specimens tested by an Accredited Precious Metals Specimens Laboratory (ACM)
- A gold deposit report should be issued, and the report should have a sample report indicating the amount of gold content.
- Unassigned gold bullion with certificate of melting of precious metal ordered to be assayed by an accredited precious metal assay laboratory.
Eligibility or required documents
- Loan application letter
- Authorization to pledge gold by an authorized official of the company
- A copy of the certificate and charter must be certified by a notary
- Borrower’s approval
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Resume of an enterprise, director, and financial officer
- Power of attorney given to the bank employee that the test results can be received
