Category: Credit line

1. Flexible and favorable conditions.

* Effective percentage rate /annual/: MNT 19.69%-24.51%

• Experience in continuous business for the last 12 months;
• Have a good credit history and good creditworthiness;
• Must meet the requirements of collateral (real estate and real property);
• Must meet other requirements set by the bank.

1. Official letter requesting a loan. / Describes the amount of loan, interest, term and collateral/
2. Loan application / by the form /
3. Resolution of the Board of Directors (Shareholders’ Meeting) on ​​obtaining a loan. /Decision on the amount, interest, term, collateral of the requested loan and appointment of the person authorized to sign /
4. Copy of company certificate, copy of company charter /stamped by State Registration Office/
5. Copy of ID card of the person authorized to sign the loan agreement (Founder, Director, CEO, etc.), borrower’s application form (legal entity)
6. Special licenses, business plan and other documents
7. Information about the purpose of loan, contracts and agreements, projects, etc.
8. Information about the market and competitors
9. Tax authority reference
10. Reference from General Authority of Enforcement of Judicial Decisions /on the name of the organization and shareholders /
11. Reference from State Registration Office /on behalf of enterprises and major shareholders/
12. Financial statements of the company certified by the Audit and Tax Administration – / As of last 4 quarters, as of end of the last year /
13. Details of the financial statements as of the end of the year. Includes: List of receivables, List of current assets, Detailed list of fixed assets, Detailed list of payables and liabilities, Sales breakdown, unit cost, balance sheet for the last 1 year,
14. Account statement / As of the last 12 months /
15. Pledge certificate of real estate (if the pledge is in the name of another organization, a copy of the company’s certificate, charter, decision and resolution to allow pledge)
16. Mortgage reference / historical, detailed /
17. Pledge certificate, contract and cadastral map
18. List and certificate of pledged machinery and equipment
19. Proof of tax payment in case of real estate purchase
20. Loan agreement and loan account statement if you have loan balances with other banks and NBFIs.
21. Other necessary additional materials

1. Loan application / bank form /, 1 copy of photo,
2. A copy of the borrower’s and co-obligor’s ID card / loan specialist will be required to make a notarized copy of the document if the loan specialist has reviewed the original, signed and certified and kept in the loan personal file. A notarized copy is required, unless the original is considered /
3. Proof of residence and reference from the General Police Office 
4. Pledged property documents, pledged real estate certificate, reference, land certificate, contract, cadastral map
5. Income confirmation documents and bank account statements
6. Permission to operate and lease agreement
7. Proof of loan purpose
8. Other required documents
9. Proof of tax payment in case of real estate purchase