Categories
Overdraft loan

Terms and conditions

Conditions /MNT/

Overdraft Loan for salary account

Overdraft Loans for current account

Minimum balance of account

0 MNT
Interest rate of account /annual/

According to “General Terms and Conditions of the Bank’s Service Fees and Charges”

Maximum Loan Amount

Up to 20 percent of the average current account balance of the last 12 months
Basic interest rate /annual/ 18.0%

19.2%

Basic interest rates Increased Interest /annual/

21.6% 24.0%
Period of use up to 12 months

up to 12 months

Repayment period

30 days /counting from the day use/

Contribution

1% of the amount or the maximum amount is 1,000,000 MNT
Benefits of Changes to the Original Loan Term

1% of the amount or the maximum amount is 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

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