- 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/
- Authorized person’s documents such as identification card;
Author: Batorgil E
|
Loan amount |
Up to 30 million/The maximum loan amount should not exceed 60% of the average of the last 6 months sales/ |
|
Loan interest /monthly/
|
1.60%-1.80% |
|
Loan interest /annual/ |
19.20%-21.60% |
| Loan term |
Up to 12 months |
|
Loan service fee |
0% |
|
Commitment interest
|
2.8% |
| Credit reference fee |
For each inquiry during loan application (Citizen, Organization) – 1,000 MNT |
Actual cost /annual/:19.3%-21.7%
Categories
Requirements
- Be a self-business woman;
- Be the owner of the Gerege POS device and Transbank POS device, and the contract for using the device during the loan period is valid;
- Experience of continuous business for the last 6 months, business income received at least in the last 6 months through current account in TransBank;
-
Having no overdue or non-performing loan balances in other banks and NBFI;
- The loan applicant’s debt to total income ratio should be 60%
- Loan application;
- A copy the registration certificate issued by the State Registration authorities and Company charter;
- Identity card;
- Other banks and financial institutions loan contract, loan accounts statement;
-
Certificate of collateral and related documents;
-
Special licenses, business plans and other documents related to business activities;
Categories
Benefits
-
No documents and materials;
-
Get a Quick Loan;
- Get a loan and pay using Onlinebanking;
Categories
Benefits
- Loans up to 80% of your savings, or the highest possible rate;
-
There is no fee for the loan;
Categories
Benefits
- Have the right to make quarterly expenses from the savings account;
- Interest on deposits is available quarterly;
- The customer is protected from possible exchange rate risks;
Categories
Terms and conditions
|
Account type |
Conditions |
| Account currency |
MNT |
|
Term of deposit |
12 months |
| Announced interest rate /annually/ |
The current 12 month savings interest rate |
|
Total interest /annual/ |
Announced interest rate /annually/ + Interest rate hedge |
| Minimum balance |
500,000,000 MNT |
|
Interest payment on early termination |
2.4%-4.8% |
| Interest payment conditions |
Every 3 months |
|
Credit transactions |
Every 3 months |
| Debit transactions |
Possible |
Categories
Benefits
- Have the right to make quarterly expenses from the savings account;
- Interest on deposits is available quarterly;
- The customer is protected from possible exchange rate risks;
|
Account type |
Conditions |
| Account currency |
MNT |
|
Term of deposit |
12 months |
| Announced interest rate /annually/ |
The current 12 month savings interest rate |
|
Total interest /annual/ |
Announced interest rate /annually/ + Interest rate hedge |
| Minimum balance |
500,000,000 MNT |
|
Interest payment on early termination |
2.4%-4.8% |
| Interest payment conditions |
Every 3 months |
|
Credit transactions |
Every 3 months |
| Debit transactions |
Possible |