Conditions |
MNT |
USD |
Loan amount |
Up to 3.5 billion MNT and equivalent currency
|
|
Loan interest /month/ | 2.0%-1.6% |
1.5%-1.0% |
Loan interest /annual/ |
24.0%-19.2% | 18.0%-12.0% |
Committment interest /annual/ | 4.2%-2.8% |
3.6%-2.0% |
Loan terms |
up to 12 months | |
Service fee |
1% of the loan amount, maximum amount of 1,500,000 MNT and equivalent currency |
|
Increased interest |
The increased interest rate is equal to 20% of the principal interest rate | |
Fee for modification of the original loan conditions |
0% |
|
Application Fee |
30,000 MNT | |
Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
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