Categories
Loan Secured by Floating Interest Savings

Terms and conditions

Loan currency

MNT
Maximum Loan Amount

The total amount of loan and interest does not exceed 90% of the deposit;

Loan Term

The loan term is equal to the maturity date of the deposit

Loan interest rate /annual/

Deposit annual interest + 4%, 5%, or 6% (depending on the deposit balance)

If the deposit interest rate changes
the loan interest rate will also change accordingly
Penalty interest
20% higher than the regular interest rate

Application Fee

Service fee

Fee for changes to the original loan conditions

0%
Credit database reference fee
No fee

Actual cost /annual/: Annual interest of deposit + 4%-6%

Categories
Loan Secured by Floating Interest Savings

Eligibility or required documents

  • Loan application form (bank template);
  • Identity card;
  • If a loan is to be taken under a power of attorney, the power of attorney must explicitly authorize the taking of the loan;
Categories
Loan Secured by Hedged Deposit

Benefits

  • Loan amount up to 75% of your deposit balance;
  • No loan disbursement fee;
Categories
Loan Secured by Hedged Deposit

Terms and conditions

Product

Hedged Hedged /High value/
Maximum Loan Amount

Up to 75% of the total deposit amount

Loan interest rate /annual/

23.40% 26.00%
Loan Term

The loan term is equal to the maturity date of the deposit

Loan disbursement fee

0%
Fee for changes to the original loan conditions

0%

Application Fee

0 MNT
Credit database reference fee

No fee

Actual cost /annual/: 23.4%-26%

Categories
Loan Secured by Hedged Deposit

Eligibility or required documents

  • Loan application form (bank template);
  • Identity card;
  • If the loan is applied for under a power of attorney, the document must explicitly state the authority to obtain the loan;
Categories
Home

Terms and conditions

Conditions /MNT/

Overdraft Loans for Corporate
Current account minimum balance

0 MNT

Current account interest /annual/

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

Up to MNT 500 million or up to 20 percent of the average current account balance of the last 12 months

Basic interest rate /annual/

21.6%
Basic interest rates Increased Interest /annual/

24.0%

Period of use

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

30,000 MNT
Credit database reference fee

For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT

Categories
Home

Бүрдүүлэх материал

  • Зээл хүссэн албан тоот, зээлийн өргөдөл;
  • Хуулийн этгээдийн гэрчилгээ, дүрэм, үүсгэн байгуулсан гэрээ, зээл авах тухай тогтоол;
  • Бизнесийн үйл ажиллагааны зөвшөөрөл, лиценз, патент;
  • Зээлийн зориулалтын талаарх мэдээлэл, гэрээ, төсөл, тооцоо гэх мэт;
  • Барьцаа хөрөнгийн мэдээлэл, бичиг баримт, лавлагаа;
  • Шаардлагатай бусад бичиг баримтууд;
Categories
Employer Incentive Deposit

Benefits

  • Employees can make voluntary contributions;
  • The account to which interest is credited will be determined by the employer’s policy;
  • Interest will not be deducted;
Categories
Employer Incentive Deposit

Terms and conditions

Conditions

Account currency

MNT, USD

Term of deposit

36 months

Annual interest rate

Terms

12 months

24 months

36 months

MNT

13.5%

14.0%

14.0%

USD

4.0%

5.0%

5.5%

Effective interest rate

MNT

14.37%

14.93%

14.93%

USD

4.07%

5.12%

5.64%

Interest payment on early termination

Interest will not be deducted

Monthly income for the employer

1% of salary – …% or a fixed amount

Monthly income for the employee

1% of salary – …% or a fixed amount

The percentage of income to be returned to the employee from the savings made by the employer at the time of termination of the savings

Determined by organizational policy.

Debit transactions

Possible

Withdrawal condition

At the end of the period

Method of interest

Compound method

Interest payment conditions

Monthly

Categories
Employer Incentive Deposit

Eligibility or required documents

  • Customer application form; /download here/
  • Official letter; /Request to open an account/
  • A copy the registration certificate issued by the State Registration authorities;
  • Company charter;
  • Authorized signature, stamp /must be authorized by notary/; /download here/