Categories
Credit line /For suppliers/

Terms and conditions

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

Categories
Credit line /For suppliers/

Requirements

  • Experience in continuous business over the past 12 months;
  • Qualify for collateral;
  • Other requirements of the bank.
Categories
Credit line /For suppliers/

Eligibility or required documents

  • Loan application letter;
  • Loan application /from Bank/;
  • A copy of the certificate and charter must be certified by a notary;
  • Financial report certified by audit and tax office /last 1-3 years/;
  • Collateral information, related documents;
  • Other documents;