Categories
Green Loan – ECO tourism

Terms and conditions

Green 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)

1.4%- 2.0%

1.1% – 1.5%

1.1% – 1.5%

Interest Rate (annual)

16.8%-24.0%

13.2%- 18.0%

13.2%- 18.0%

Loan Term

Up to 120 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 24 months

Credit reference fee

For each inquiry during loan application (Citizen, Organization) – 1,000 MNT

 Actual cost: 17.3%-24.5%