- Offers loans up to 80% of your convertible term deposit, which is the highest percent of potential loan amount;
- No service fee.
Categories
Category: Convertible savings collateral loan
If you have a convertible term deposit in our bank, we offer you an opportunity to get a quick loan collateralizing your convertible term deposit.
|
Convertible deposit collateralized loan |
In case loan is provided in foreign currency by collateralizing MNT convertible term deposit |
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Loan amount |
Up to 80% of total amount of convertible term deposit |
|
Loan interest rate /annual/ |
Annual interest rate of term deposit + 6.0% |
|
Term |
Determined upon maturity date of term deposit |
|
Service fee |
0% |
|
Penalty interest rate |
Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate |
|
Fee for changing the original loan terms |
0% |
|
Loan application fee |
MNT 1,000 |