- Offers loans up to 75% of your convertible term deposit, which is the highest percent of potential loan amount;
- No service fee.
Categories
Category: Hedge savings collateral loan
If you have a hedged deposit in our bank, we offer you an opportunity to get a quick loan collateralizing your convertible term deposit.
| Conditions |
Hedged savings collateralized loan |
|
| Product |
Hedge deposit |
Hedge deposit /High balance/ |
| Loan amount |
Up to 75% of term deposit amount |
|
| Loan interest rate /annual/ |
23.4% |
26.0% |
| Term |
Determined by 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 0 |
|