- 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;
Category: Citizens
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 +5% | |
| Up to 1 billion 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 + 5.00%-6.00%
- 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 100,000,000 MNT |
| Loan interest /month/ |
1.5%-2.1% |
| Loan Interest /annual/ |
18.0%-25.2% |
| Loan Term |
Up to 30 months |
| Service fee |
1% of the loan amount |
| Collateral |
Apartments, residential houses and motor vehicles. |
| 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/: 18.85%-26.08%
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;
Categories
Eligibility or required documents
-
Application, resume /bank model/, 1 copy of photo, identity card
-
Description of the place of residence
-
Required documents and bank statements to prove salary or business income
-
Certificate of collateral and related documents
-
Other materials necessary by the Bank
Categories
Benefits
-
No fees for transfers within the bank;
-
Saves your time.
Categories
Contributions and fees
|
Service |
FEES |
|
Annual registration fee
|
50,000 MNT |
|
Transfer within the bank
|
Free |
Categories
Eligibility or required documents
- Customer application form /download here/
- Citizens ID card;