|
Line Loan |
MNT | USD | EUR | CNY |
JPY |
|
Maximum loan amount |
The maximum loan amount depends on the size of the business, capital and financial capacity. |
||||
|
Loan interest rate / monthly/ |
2.00%-1.60% | 1.50%-1.10% | 1.20%-0.85% | 1.20%-0.85% |
1.20%-0.85% |
|
Loan interest rate / annual / |
24.00%-19.20% | 18.00%-13.20% | 14.40%-10.20% | 14.40%-10.20% |
14.40%-10.20% |
|
Loan interest rate / annual / |
2.8%-4.2% | 2.0%-3.6% |
1.5%-3.0% |
||
|
Loan term |
60 months up |
to 36 months |
|||
|
Service fee |
1% of the loan amount or maximum amount of MNT 1,500,000 |
0.5% of the loan amount or maximum amount of USD 1,500 and its equivalent in EUR, CNY and JPY |
|||
|
Increased interest |
The accrued interest is equal to 20% of the principal |
||||
|
Initial loan change fee |
0% |
||||
|
The application fee |
30,000 MNT |
||||
|
Credit recording enquiry fee /during loan analysis procedure/ |
Individual – 1,000 MNT Entity – 1,000 MNT |
||||
* Effective percentage rate /annual/: MNT 19.69%-24.51%