Categories
Investment Loan

Requirements

  • The loan applicant must have provided up to 30% of the required total investment with his own funds;
  • Experience in continuous business activity for the last 12 months, for a newly started business, continuous activity for the last 6 months;
  • Obtaining a special license to operate from the relevant authority;
  • Financial statements must be certified by the Tax Office;
  • No poor quality loan balances;
  • Have collateral that bank’s requirements;
Categories
Investment Loan

Eligibility or required documents

  • Loan application letter;
  • Loan application /from Bank/
  • Presentation of business activities;
  • A copy the registration certificate issued by the State Registration Authorities;
  • Financial statements certified by audit and tax authorities /last 1-3 years/;
  • Special licenses, business plans and other documents related to business activities
  • Other Required documents
Categories
Working capital loan

Terms and conditions

Current asset loan MNT USD EUR CNY JPY
Maximum loan amount The maximum loan amount will be determined depending business, capital and financial ability
Loan interest /month/

2.0%-1.6%

1.5%-1.1% 1.2%-0.85% 1.2%-0.85%

1.2%-0.85%

Loan interest /annual/

24.0%-19.2%

18.0%-13.2% 14.4%-10.2% 14.4%-10.2%

14.4%-10.2%

Term of loan

Up to 36 months

Service fee 1% of the loan amount or the maximum amount is 1,500,000 MNT 0.5% of the loan amount or the maximum amount is 1,500 US dollars and the equivalent in EUR, CNY and JPY
Increased interest

The increased interest rate is equal to 20% of the principal interest rate

Benefits of Changes to the Original Loan Term

0%

Period of exemption from principal
Up to 12 months
Application Fee

30,000 MNT

Credit database reference fee

For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT

Categories
Working capital loan

Requirements

  • Last 12 months continuous business experience;
  • Qualify for collateral
  • Other requirements from the bank.
Categories
Working capital loan

Eligibility or required documents

  • Loan application /from bank/, 1 copy of photo
  • Identity card
  • Description of the place of residence
  • Account statements
  • Operating license and lease agreement
  • Other required documents
Categories
Salary Loan

Benefits

  • Get a loan as soon as possible if you have a financial need;
  • No collateral is required;
Categories
Salary Loan

Terms and conditions

Salaery loan

Conditions

Maximum loan amount

Up to 30 million MNT

Loan interest /month/

2.0%-1.4%

Loan interest /annaul/

24.0%-16.8%

Loan Term

Up to 30 months

Loan Benefits
1% of the loan amount
Increased interest

The increased interest rate is equal to 20% of the principal interest rate

Fee for modification of the original loan conditions
Up to 1% of the loan balance /Maximum amount 1,000,000 MNT/
Application Fee

10,000 MNT

Credit database reference fee

1,000 MNT

Categories
Salary Loan

Eligibility or required documents

  • Application, resume (bank model), 1 copy of photo, ID card
  • Social Security Reference
  • Description of residence
  • Description of the organization
  • Account Statement
  • Other Evidence Required by the Bank
Categories
Convertible savings collateral loan

Terms and conditions

Categories
Convertible savings collateral loan

Eligibility or required documents

  • Loan application and bank application;
  • Identity card;
  • If the loan applicant is a trusted representative, who is authorized to take out the loan;