Author: Batorgil E

Terms and conditions

Conditions	MNT	USD	EUR	CNY	JPY
Terms	Up to 120 months
Loan amount	Up to 75% of the total payment of the contract or up to a maximum of 20% of the equity, or an equivalent currency
Loan interest /month/	2.0%-1.6%	1.35%-1.0%	1.35%-1.0%	1.35%-1.0%	1.35%-1.0%
Loan interest /annual/	24.0%-19.2%	16.2%-12.0%	16.2%-12.0%	16.2%-12.0%	16.2%-12.0%
Application fee	30,000 MNT
Service fee	0.5% of the loan amount or a maximum of 1,500,000 MNT and equivalent currency
Other	Assets purchased on credit will be fully insured. Customer is responsible for insurance premiums.
Credit database reference fee	For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT

High-class Mortgage Loan	Conditions
Maximum loan amount	2,000,000,000 / up to two billion MNT /
Down Payment	20% or more
Loan interest /month/	1.60-1.80%
Term of loan	Up to 120 months
Service fee	1% of the loan amount (maximum 1,500,000 MNT)
Increased interest	Equal to 20 percent of the basic interest rate
Benefits of Changes to the Original Loan Term	Up to 1% of the loan balance (maximum 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

Worked in the organization for at least 1 year, in the case of self-employed, at least 1 year;
Must have self-financed at least 20 percent of the total cost;
Up to 60% of the after-tax income is sufficient to pay the total monthly loan payments;
No overdue or non-performing loans in other banks and financial institutions.

Conditions
Maximum Loan Amount	Not more than 70 percent of the value of apartment /In the case of a home mortgage in the down payment, it is not necessary that percentage/
Down payment	30% or more
Loan interest /annual/	6.00%
Loan terms	Up to 360 months
Service fee	1% of the granted loan amount or /up to 1,500,000 MNT/
Increased interest	Equal to 20 percent of the basic interest rate
Application Fee	10,000 MNT
Credit database reference fee	For each inquiry during the loan/Citizen, Organization/ – 1,000 MNT

Conditions	MNT
Maximum loan amount	70,000,000 MNT
Loan interest /monthly/	1%
Loan interest /annual/	12%
Term of loan	Up to 120 months
Down payment	From the applicant: At least 10 percent of the loan amount
Down payment	From the GIZ project: 30% of the loan amount or up to 18,000,000 MNT
Service fee	1% of the loan amount or the maximum amount is 1,500,000 MNT
Increased interest	Equal to 20% of the loan interest
Fee for changes original loan conditions	Up to 1% of the loan balance /Maximum amount 1,000,000 MNT/
Application fee	10,000 MNT
Credit database reference fee	For each inquiry during the loan /Citizen, Organization/ – 1,000 MNT

The loan applicant must be a citizen of Mongolia who has reached the age of 18;
Not having overdue or bad credit balances in banks and financial institutions;
Full-time employee who has worked stably in the organization for at least 12 months;
Obtain insurance in accordance with relevant laws and regulations until the end of the loan term;
Eligible for this loan for the construction of energy-efficient residential units that meet the project criteria and for the purchase of contracted townhouse;
Must have self-financed at least 10 percent of the total cost;

Terms	6 months
Currency	MNT
Annual Interest	14%
Interest payment on early termination	2.4%-4.8%
Minimum balance	10,000 MNT
Interest payment conditions	End of the period
Deposit transaction	Possible
Withdrawal condition	Monthly