The purpose of this product is to finance our customers’ projects that are intended for their improvement of sustainable use of energy, water, and materials, better waste management, long-term sustainable operation and their green businesses projects.
|
Green Project Loan |
MNT | USD |
EUR |
| Maximum amount of loan |
Depends on business scope and financial abilities. |
||
| Interest rate /monthly/ |
2.0%- 1.6% |
1.5% – 1.1% |
1.5%-1.1% |
| Interest rate /annual/ |
24.0%-19.2% |
18.0%- 13.2% |
18.0%-13.2% |
| Loan period |
Up to 60 months |
Up to 36 months |
|
| Service fee |
1% of loan amount (min. MNT 1,500,00) |
0.5% of loan amount (min. USD 1,500 or equivalent amount in EUR) |
|
| Penalty rate |
20% of loan amount |
||
| Fee for amending the initial term of the loan |
0% |
||
| Grace period |
12-24 months |
||
|
Card types |
|
| • Debit |
• Credit |
| Currency | MNT, USD, CNY, EUR |
| Membership fee | 500,000 MNT |
| Validity | 3 years |
| Expedited card issuance fee | 5,000 MNT |
| ATM Withdrawal Fee (Other Domestic Banks) | 500 MNT or equivalent in other currency |
| Balance inquiry fee (Other Domestic bank ATMs) | 100 MNT or equivalent in other currency |
| Balance inquiry fee (Domestic banks) | |
| Pin code recovery at branch (Pinpad) | 1,000 MNT or equivalent in other currency |
| Change/Recover e-pin code | No fee |
| Card re-issuance fee | 250,000 MNT |
| Daily cash withdrawal limit | 50,000,000 MNT or equivalent in other currency |
| Daily purchase limit | 300,000,000 MNT or equivalent in other currency |
| Card account minimum balance | 1,000 MNT/ 1 USD/ 1 EUR / 5 CNY |
| Credit limit | 5,000,000-50,000,000 MNT |
| Credit account currency | MNT, USD |
| Monthly minimum repayment | 10% |
| Retail interest charge | 2% /from payment due day/ |
| Cash interest charge | 2.5% /from cash withdrawal day/ |
| Monthly billing statement date | 1st of every month |
| Repayment date | 20th of every month |
| Interest fee-free period | Up to 50 days |
| Overlimit rate fee | 5.0% |
| Monthly late payment charge | 1% (min 10,000 MNT, 10 USD) |
| Credit reference fee /Per inquiry/ | 1,000 MNT |
Initial public offering:
Private placement /Over-the-counter market/:
Issuing additional shares
Issuing asset-backed securities