Categories
Loan Secured by Floating Interest Savings

Terms and conditions

Loan currency

MNT
Maximum Loan Amount

The total amount of loan and interest does not exceed 90% of the deposit;

Loan Term

The loan term is equal to the maturity date of the deposit

Loan interest rate /annual/

Deposit annual interest + 4%, 5%, or 6% (depending on the deposit balance)

If the deposit interest rate changes
the loan interest rate will also change accordingly
Penalty interest
20% higher than the regular interest rate

Application Fee

Service fee

Fee for changes to the original loan conditions

0%
Credit database reference fee
No fee

Actual cost /annual/: Annual interest of deposit + 4%-6%