|
Product |
Hedged | Hedged /High value/ |
| Maximum Loan Amount |
Up to 75% of the total deposit amount |
|
|
Loan interest rate /annaul/ |
23.40% | 26.00% |
| Loan Term |
The deposit is determined by the expiration date |
|
|
Loan Benefits |
0% | |
| Benefits of Changes to the Original Loan Term |
0% |
|
|
Application Fee |
0 MNT | |
|
Credit database reference fee
|
No fee |
|
Actual cost /annual/: 23.4%-26%
|
Maximum Loan Amount |
Up to 80% of the total deposit amount |
| Loan interest rate /annaul/ | Savings Annual Interest + Hedging interest rate at the time of loan + up to 7.2% |
| Loan Term |
The deposit is determined by the expiration date |
|
Loan Benefits |
0% |
| Benefits of Changes to the Original Loan Term |
0% |
|
Application Fee |
0 MNT |
|
Credit database reference fee
|
No fee |
Actual cost /annual/: Annual interest of deposit + up to 7.2%
|
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 |
|
Conditions |
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| Account currency |
MNT, USD |
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|
Term of deposit |
36 months |
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|
Interest rate /annual/ |
Terms | 12 months | 24 months |
36 months |
|
MNT |
13.5% | 14.0% | 14.0% | |
| USD | 4.0% | 5.0% |
5.5% |
|
| Interest payment on early termination |
Interest will not be deducted
|
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|
Monthly income for the employer
|
1% of salary – …% or a fixed amount
|
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|
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.
|
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|
Debit transactions |
Possible | |||
| Withdrawal condition | At the end of the period | |||
|
Method of interest |
Composite way | |||
| Interest payment conditions |
Monthly |
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