Category: Citizens

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 on deposit + 6%
Loan currency	MNT
Loan Term	The deposit is determined by the expiration date
Loan Fees	0%
Fee for changes to original loan conditions	0%
Application Fee	0 MNT

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

Mortgage Loans	Real Estate Mortgages for Residential or Commercial Purposes	Apartment and house mortgaged loan	Vehicle Mortgage
Maximum loan amount	Up to 40,000,000 MNT	Up to 20,000,000 MNT	Up to 10,000,000 MNT
Loan interest /month/	2.3%-1.6%
Loan Interest /annual/	27.6%-19.2%
Loan Term	Up to 24 months	Up to 12 months
Service fee	1% of the loan amount
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

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;

Service types	Contribution fee
Statement of account /1 page/	100 MNT
Description: /Citizen, Organization/
Account description /in Mongolian/	4,000 MNT
Account description /in English/	4,000 MNT
Description with additional information at the customer’s request	15,000 MNT
Description related to the account within 14 days or less after opening the account or changing the co-owner of the account	30,000 MNT
When the definition is given again /1 more/	1,000 MNT
Description of Availability in Credit Loan Survey	30,000 MNT
Print receipts, expenses and non-cash receipts from the program	300 MNT
Filtering documents from the archive and making copies of documents /every page/	3,000 MNT/within 1 year/ 5,000 MNT /within 1-3 years/ 10,000 MNT/3 more year/
Making a correction transaction due to the customer’s fault	500 MNT
Customer Daily Statement	Free
Savings book	Free
Cashier’s check /For organizations/
One page	200 MNT
In a book /with 25 pages/	4,000 MNT
Signature Verification Form	Free
Debit and credit transaction form
Account opening request form
Account Balance Confirmation Form