Category: Citizens

Categories
Mortgage Loan

Terms and conditions

Conditions
Maximum Loan Amount

Not more than 70 percent of the value of apartment

/In the case of a home mortgage in the down payment, it is not necessary that percentage/
Down payment
30% or more
Loan interest /annual/ 6.00%
Loan terms Up to 360 months
Service fee
1% of the granted loan amount or /up to 1,500,000 MNT/
Increased interest
Equal to 20 percent of the basic interest rate
Application Fee
 10,000 MNT

Credit database reference fee

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

Actual cost /annual/: 6.1%

Categories
Floating interest deposit

Benefits

  • Highest interest rates;
  • Earn your interest on quarterly basis;
  • Withdrawals are allowed for 7 calendar days in each quarter;
  • Deposit transactions are allowed anytime;
Categories
Floating interest deposit

Terms and conditions

Currency

MNT

Terms

12, 18, 24 months

Annual Interest

Up to 499,999,999 /Deposit balance/

Policy interest rate +3.0%

More than MNT 500 million /Deposit balance/

Policy interest rate + 3.5%

Minimum balance

100,000,000 MNT

Interest payment on early termination

2.4%-4.8%

Interest payment conditions

Quarterly

Withdrawal condition

Quarterly

Deposit transactions

Possible

Changes in policy rates

Deposit interest rates to change
Categories
Floating interest deposit

Eligibility or required documents

  • Customer application form; /download here/
  • For Mongolian citizens: Citizens ID card;
  • For Foreign citizens: Passport and certificate of alien registration;
Categories
Unionpay Platinum Card

Card types
• Debit

• Credit
Categories
Unionpay Platinum Card

Benefits

  • No annual fee;
  • High daily transaction limit;
  • Account can be connected to 4 different currencies;
  • No fee delivery;
  • Travel insurance (Maximum compensation amount 50,000 USD)
  • Dragonpass https://en.dragonpass.com.cn/ (Access to VIP lounges on international flights, with one accompanying passenger, 6 times per year)
Categories
Unionpay Platinum Card

Debit Card terms and conditions

 
Currency MNT, USD, CNY, EUR
Membership fee 500,000 MNT
Validity 3 years
Expedited card issuance fee 5,000 MNT
ATM Withdrawal Fee (Other Domestic Banks) 500 MNT or equivalent in other currency
Balance inquiry fee (Other Domestic bank ATMs) 100 MNT or equivalent in other currency
Balance inquiry fee (Domestic banks)
Pin code recovery at branch (Pinpad) 1,000 MNT or equivalent in other currency
Change/Recover e-pin code No fee
Card re-issuance fee 250,000 MNT
Daily cash withdrawal limit 50,000,000 MNT or equivalent in other currency
Daily purchase limit 300,000,000 MNT or equivalent in other currency
Card account minimum balance 5,000 MNT/ 10 USD/ 10 EUR / 50CNY
Categories
Unionpay Platinum Card

Credit conditions

Credit limit 5,000,000-50,000,000 MNT
Credit account currency MNT, USD
Monthly minimum repayment 10%
Retail interest charge 2% /from payment due day/
Cash interest charge 2.5% /from cash withdrawal day/
Monthly billing statement date 1st of every month
Repayment date 20th of every month
Interest fee-free period Up to 50 days
Overlimit rate fee 5.0%
Monthly late payment charge 1% (min 10,000 MNT, 10 USD)
Credit reference fee /Per inquiry/ 1,000 MNT
Categories
Unionpay Platinum Card

Required documents

  • For Mongolian citizens: Citizens ID card;
  • For Foreign citizens: Passport and certificate of alien registration
  • And other required documents
Categories
Microbusiness women support loan

Terms and conditions

Loan amount

 Up to 30 million/The maximum loan amount should not exceed 60% of the average of the last 6 months sales/
Loan interest /monthly/

1.60%-1.80%

Loan interest /annual/

 19.20%-21.60%
Loan term

Up to 12 months

Loan service fee

 0%
Commitment interest

2.8%
Credit reference fee

For each inquiry during loan application (Citizen, Organization) – 1,000 MNT

Actual cost /annual/:19.3%-21.7%