Categories
Green Project Loan SME business loan

Terms and conditions

Green Project Loan MNT USD EUR
Maximum Loan Amount The maximum loan amount will be determined based on the business scope, assets, and financial capacity.
Interest Rate (monthly) 2.0%- 1.6% 1.5% – 1.1% 1.5%-1.1%
Interest Rate (annual) 24.0%-19.2% 18.0%- 13.2% 18.0%-13.2%
Loan Term Up to 60 months Up to 36 months
Loan Disbursement Fee 1% of the disbursed loan amount, with a maximum of MNT 1,500,000 0.5% of the disbursed loan amount, with a maximum of 1,500 USD or the equivalent in EUR
Additional Interest Additional interest is equal to 20% of the base interest rate
Fee for Changes to Initial Loan Terms 0%
Grace Period for Principal Repayment Up to 12-24 months

Actual cost /annual/: 19.7%-24.5%