-
Get a loan as soon as possible if you have a financial need;
-
Flexible conditions;
Categories
Category: Citizens
Categories
Terms and conditions
|
Salary loan |
Conditions |
|
Maximum loan amount
|
Up to 30 million MNT |
|
Loan interest /month/
|
1.5%-2.0% |
| Loan interest /annual/ |
18.0%-24.0% |
| 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 |
Actual cost/annual/: 19.1%-24.9%
Categories
Eligibility or required documents
- Loan application form (bank template), ID card, 1 passport-size photo
-
Social Security Reference
-
Description of residence
-
Description of the organization
-
Account Statement
-
Other documents as required by the Bank
- Loan application form (bank template);
- Identity card;
- If the loan is applied for under a power of attorney, the document must explicitly state the authority to obtain the loan;
Categories
Terms and conditions
| Terms | Savings and loans | |
| Maximum Loan Amount |
The combined amount of the loan and interest will not exceed the balance of the savings
|
|
|
Loan interest /annual/
|
Branch Loans
|
|
|
More than 1 billion MNT /Deposit balance/
|
Annual deposit interest +4% | |
|
From MNT 500,000,001 to MNT 1 billion /Deposit balance/
|
Annual deposit interest +5% | |
|
Up to 500,000,000 MNT /Deposit balance/
|
Annual deposit interest +6% | |
|
Online loan : Annual interest of deposit + 6%
|
||
| Loan currency | MNT | |
|
Loan Term
|
The loan term is determined by the maturity date of the deposit
|
|
|
Loan Fees
|
0% | |
|
Fee for changes to original loan conditions
|
0% | |
|
Application Fee
|
0 MNT | |
Actual cost /annual/: Annual interest of deposit + 4%-6%
- Loan application form (bank template);
- Identity card;
- If the loan is applied for under a power of attorney, the document must explicitly state the authority to obtain the loan;
Categories
Benefits
- Secure the necessary financing;
-
Fast and efficient loan approval;
-
One of the lowest interest rates in the market for this type of loan;
Categories
Terms and conditions
|
Loan conditions |
|
| Maximum loan amount |
Up to 40,000,000 MNT |
| Loan interest /month/ |
1.5%-2.0% |
| Loan Interest /annual/ |
18.0%-24.0% |
| Loan Term |
Up to 30 months |
| Service fee |
1% of the loan amount |
| Collateral |
Residential real estate |
| Increased interest |
The increased interest rate is equal to 20% of the principal interest rate |
| Fee of Changes to the Original Loan Term |
1.0% of the loan balance or the maximum amount is 1,000,000 MNT |
| Application Fees |
10,000 MNT |
| Credit database reference fee |
Citizen – 1,000 MNT, Organization – 1,000 MNT |
Actual cost/annual/: 19.1%-24.9%
Categories
Requirements
-
A mortgage may be an asset of your own property;
- Up to 55% of the after-tax income is sufficient to pay the total monthly loan payments;
-
Not having overdue bad loan balance in other banks and financial institutions;