|
Loan conditions |
|
| Loan interest /annual/ |
3.0% |
| Loan terms |
up to 24 months |
|
Increased interest |
The increased interest rate is equal to 20% of the loan interest rate |
|
Service Fees |
1% of the loan amount or the maximum amount is 1,500,000 MNT |
|
Application Fee |
30,000 MNT |
| Others |
Other requirements and conditions of the Bank of Mongolia |
|
Credit database reference fee |
Citizen – 1,000 MNT Organization – 1,000 MNT |
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