Loans

Investment Loan

We offer investment loans on favorable terms to entrepreneurs, businesses, and clients aiming to expand their business operations. These loans can be used for purchasing fixed assets, constructing or expanding buildings, and acquiring technology and equipment.

Benefits

Flexible and favorable conditions

Terms and conditions

Investment loan	MNT	USD	EUR	CNY	JPY
Maximum loan amount	The maximum loan amount will be determined depending on the size of the business, its assets, and financial capacity. At least 30% of the total investment amount shall be financed by the borrower with own funds.
Loan interest /month/	1.6%-2.0%	1.1%-1.5%	0.85%-1.2%	0.85%-1.2%	0.85%-1.2%
Loan interest /annual/	19.2%-24.0%	13.2%-18.0%	10.2%-14.4%	10.2%-14.4%	10.2%-14.4%
Term of loan	Up to 60 months	Up to 36 months
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
Penalty interest	20% higher than the regular interest rate
Fee for changes to the original loan terms	0%
Grace period for principal repayment	Up to 12 months
Application Fee	30,000 MNT
Credit database reference fee	For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT

Actual cost /annual/: 19.7%-24.5%

Requirements

Last 12 months continuous business experience;
Qualify for collateral;
Other requirements from the bank;
Have collateral that meets the Bank’s requirements;

Eligibility or required documents

Loan application letter;
Loan application /from Bank/;
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/;
A copy of the certificate and charter must be certified by a notary;
Copy of identity card of the person authorized to sign the loan agreement /founders, general director, executive director, etc., borrower’s resume;
Special licenses, business plans and other documents related to business activities;
References /in the name of Organization and major shareholders/;
Other Required documents;

Eligibility or required documents