|
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 |
Category: Microbusiness women support loan
A loan product to support women entrepreneurs
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;