- Loan amount up to 75% of your deposit balance;
-
No loan disbursement fee;
Categories
Author: Batorgil E
|
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 |
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Actual cost /annual/: 23.4%-26%
- 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
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
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
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
Terms and conditions
Conditions |
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Account currency |
MNT, USD |
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Term of deposit |
36 months |
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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 |
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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 |
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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 |
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Withdrawal condition |
At the end of the period |
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Method of interest |
Compound method |
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Interest payment conditions |
Monthly |
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- 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/
Categories
Benefits
-
Highest interest rates;
- Earn your interest on quarterly basis;
- Withdrawals are allowed for 7 calendar days in each quarter;
- Additional deposits are allowed anytime;
Categories
Terms and conditions
Floating interest deposit |
||
Account currency |
MNT |
|
Term of deposit |
12, 18 and 24 months |
|
Interest rate /annual/ |
Up to 499,999,999 MNT |
Policy interest rate +3.0% |
More than 500 million MNT |
Policy interest rate + 3.5% |
|
Minimum balance |
100,000,000 MNT |
|
Interest payment on early termination |
2.4%-4.8% |
|
Interest payment conditions |
Quarterly |
|
Withdrawal condition |
Quarterly |
|
Debit transactions |
Allowed |
|
Changes in policy rates |
Deposit interest rates will be adjusted accordingly |
|