|
Loan conditions |
|
|
Maximum loan amount |
Up to 500,000,000 MNT |
|
Loan interest /annual/ |
19.2%-24.0% |
|
Loan interest /monthly/ |
1.6%-2.0% |
|
Loan terms |
up to 36 months |
|
Service Fees |
1% of the loan amount or the maximum amount is 3,000,000 MNT |
|
Increased interest |
The increased interest rate is equal to 20% of the loan interest rate |
|
Collateral |
Business-use real estate, apartments, private houses, and heated parking spaces that can be quickly sold. |
|
Application Fee |
30,000 MNT |
Actual cost /annual/: 21.1%-25.9%










