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Terms |
MNT | USD | EUR | CNY | JPY | RUB | KRW | GBP | SGD | HKD |
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Annual interest rate |
3.0%* | 1.2%* | 1.2%* | 1.2%* | 1.2%* | – | – | – | – |
– |
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Monthly service fee |
No fee |
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Account opening fee |
No fee |
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Minimum balance requirement |
1,000 | 1 | 1 | 5 | 200 | 50 | 1,000 | 1 | 1 |
3 |
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Account closure fee |
1,000 |
Foreign currency equivalent to 1,000 MNT |
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* is the maximum rate of the interest rate on the product |
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Бид банкаа гэсэн чин сэтгэлтэй, мэргэжлийн өндөр ур чадвартай ажиллагсдыг сэтгэл ханамжтай, тогтвортой, өндөр бүтээмжтэй ажиллуулах хүний нөөцийн бодлого хэрэгжүүлэх замаар ажилтнуудын ажиллах хамгийн таатай орчинг бүрдүүлж, тал бүрээр дэмжин, хөгжин дэвших бололцоогоор хангаж ажиллана.
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Car loans |
New cars |
Used cars
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Loan amount
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Up to 300 million MNT
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Up to 100 million MNT
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The monthly loan payment is no more than 55% of the borrower’s debt-to-income ratio. If the borrower has loans to other banks, NBCs, industrial units, or individuals, the monthly payments made on that loan are included in the debt-to-income ratio. |
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| Terms |
Up to 30 months
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Loan interest /month/
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1.6% – 2.0% |
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Loan interest /annaul/
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19.2% – 24.0% |
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Service Fees
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1% of the loan amount or the maximum amount is 1,500,000 MNT |
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Increased interest
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The increased interest rate is equal to 20% of the principal interest rate |
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Collateral
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Cars to buy
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Advance payment
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up to 10%
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up to 30%
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Fees from suppliers
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1% or regulated by the “Cooperation Agreement”.
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Application Fee
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10,000 MNT |
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| Other |
It is required to purchase cars from the supplier organization with which the “Cooperation Agreement” has been concluded. |
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Credit database reference fee
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Citizen – 1,000 MNT
Organization – 1,000 MNT
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