Categories
Overdraft loan for individual current accounts

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% of the average monthly income 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/

Service Fee

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