| 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 |
|
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%
Trans Bank operates in accordance with the Law on Banks and the Law on Insurance Intermediaries. Pursuant to Resolution No. 346 issued by the Financial Regulatory Commission on December 4, 2019, the bank has been granted a special license to engage in the business of bancassurance, thereby becoming a recognized professional participant in the insurance industry. In compliance with the relevant statutory provisions, regulations, and directives, Trans Bank provides comprehensive insurance services through its branches and affiliated units, delivering high-quality services to its clients.
Advantages of Bancassurance:
By utilizing Trans Bank as your intermediary for insurance services, you will not incur additional commission fees or charges.
Moreover, you will be able to access insurance offering with more favorable premiums and enhanced coverage, compared to the terms typically offered directly by insurance companies to the public.
The list of employees who have participated in the “Bancassurance Broker Certification Training” organized in collaboration with the Financial Regulatory Commission and relevant professional associations, and have successfully passed the certification examination, is available.
|
Branch name |
Position | Name | License date |
Address |
|
Naran Branch |
Branch director | ENKHBAT.G | 2020 | 1ST, 2ND floor, Naran Mall Department Store, Seoul St-35, 3rd khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia |
| Munkh tower branch | Branch director | ARIUNTUGS.E | 2023 | 1st floor, Munkh Tower, Chinggis Avenue Street, 1st Khoroo, Khan-Uul District, Ulaanbaatar, Mongolia |
| Relationship manager | ENKHZUL.G | 2024 | ||
| Central Tower Branch | Branch director | BOLORMAA.Z | 2020 | 4th floor, Central Tower, Sukhbaatar square-2, 8th Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia |
| Cedar Branch | Branch director | AZJARGAL.S | 2024 | 1st floor, Cedar City Residence Town, 4th Khoroo, Khan-Uul District, Ulaanbaatar, Mongolia |
| Sakura Branch | Senior customer service officer | TSERMAA.B | 2024 | 1st floor, Sakura Building Center, Ikh Mongol St, 26th Khoroo, Bayanzurkh District, Ulaanbaatar, Mongolia |
| Shangri-la Branch | Senior branch manager | AMAR.O | 2024 | 6th floor, Shangri-La Office, 19A Olympic St, 1st Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia |
| Zuun durvun zam branch | Senior customer service officer | TUVSHINZAYA.P | 2024 | Монгол улс, Улаанбаатар хот, Баянзүрх дүүрэг, 15-р хороо, 13-р хороолол, Наран шоп худалдааны төвийн 2-р байр, 1-р давхар |
| Premium branch | Senior branch manager | BAYARMAA.G | 2023 | 2nd floor, Premium Palace, Ikh Toiruu St, 5th Khoroo, Chingeltei District, Ulaanbaatar, Mongolia |
| River garden branch | Branch director | OYUNCHULUUN.I | 2024 |
1st floor, Building 308, River Garden Town, Ikh Mongol St, 11th Khoroo, Khan-Uul District, Ulaanbaatar, Mongolia |
For further information related to insurance brokerage, you may visit your nearest Trans Bank branch or contact our Customer Service Center at 1800-9999.
| AMAR INSURANCE LLC |  |
| BODI INSURANCE JSC |  |
| MONGOL INSURANCE JSC |  |
| MANDAL INSURANCE JSC |  |
| TENGER INSURANCE JSC |  |
| KHAN INSURANCE LLC |  |
| MIG INSURANCE LLC |  |
| INSURCO INSURANCE LLC |  |