|
Conditions |
|
| Maximum loan amount |
Up to 2,000,000,000 MNT |
| Down Payment |
The down payment shall be 20% or more |
| Loan interest |
19.2% – 24.0% |
| Term of loan |
up to 120 months |
| Service fee |
1% of the loan amount or the maximum amount is 1,500,000 MNT |
| Increased interest |
Equal to 20% of the loan interest |
| Fee for changes to the original loan terms |
Up to 1% of the loan balance / Maximum amount 1,000,000 MNT |
| Application Fee |
10,000 MNT |
| Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
Actual cost: 20.1%-24.9%