- Additional materials are not required;
- Can receive loan in no time;
- Receive loan and make loan payment through online banking.
Categories
Category: Deposit backed loan
If you have a term deposit in our bank, we offer you a saving collateralized loan with a lower interest rate through both our branches and online bank at any time.
Categories
Terms and conditions
| Conditions | Savings collateralized loan | |
| Loan amount | The total amount of loan and interest shall not exceed the balance of the term deposit | |
| Loan interest rate /annual/ | Loan at branches: | |
| More than MNT 1 billion /term deposit amount/ | Annual interest rate of term deposit +4% | |
| MNT 500,000,001 – MNT 1 billion /term deposit amount/ | Annual interest rate of term deposit +5% | |
| Up to MNT 500,000,000 /term deposit amount/ | Annual interest rate of term deposit +6% | |
| Currency of loan | MNT | |
| Term | Determined by maturity date of term deposit | |
| Service fee | 0% | |
| Fee for changing the original loan terms | 0% | |
| Loan application fee | MNT 0 | |
* Effective percentage rate /annual/: Annual interest rate of term deposit +4%-6%