| Credit line | MNT | USD | EUR | RMB |
JPY |
|
Maximum amount |
The maximum loan amount depends on the size of the business, capital and financial capacity. |
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|
Interest rate/monthly/ |
2.00%-1.60% | 1.50%-1.10% | 1.20%-0.85% | 1.20%-0.85% |
1.20%-0.85% |
|
Interest rate/annually/ |
24.00%-19.20% | 18.00%-13.20% | 14.40%-10.20% | 14.40%-10.20% |
14.40%-10.20% |
|
Commitment fee /annually/ |
2.8%-4.2% | 2.0%-3.6% |
1.5%-3.0% |
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|
Term |
Up to 60 months |
Up to 36 months |
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|
Service fee |
1% of the loan amount /maximum MNT 1,500,000/ |
0.5% of the loan amount /maximum USD 1,500 or amount equivalent in EUR, CNY, JPY |
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Penalty interest rate |
Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate |
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Fee for changing the original loan terms |
0% |
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Loan application fee |
30,000 MNT |
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Credit recording enquiry fee /during loan analysis procedure/ |
Individual – MNT 1,000 Corporate – MNT 1,000 |
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* Effective percentage rate /annual/: MNT 19.69%-24.51%