Category: Investment Loan

In order to expand their business activities, business owners and customers are offered investment loans for the purchase of fixed assets, the construction and expansion of buildings, and the purchase of technology and equipment.

Categories
Investment Loan

Benefits

  • Flexible and favorable conditions
Categories
Investment Loan

Terms and conditions

 

Investment loan MNT USD EUR CNY JPY
Maximum loan amount The maximum loan amount will be determined depending on the size of the business, capital and financial ability. At least 30% of the total investment amount shall be financed by the borrower himself.
Loan interest /month/

2.0%-1.6%

 1.5%-1.1% 1.2%-0.85% 1.2%-0.85%

1.2%-0.85%
Loan interest /annual/

24.0%-19.2%

 18.0%-13.2% 14.4%-10.2% 14.4%-10.2%

14.4%-10.2%
Term of loan

Up to 60 months

Up to 36 months
Service fee 1% of the loan amount or the maximum amount is 1,500,000 MNT 0.5% of the loan amount or the maximum amount is 1,500 US dollars and the equivalent in EUR, CNY and JPY
Increased interest

The increased interest rate is equal to 20% of the principal interest rate
Benefits of Changes to the Original Loan Term

0%
Period of exemption from principal
  Up to 12 months
Application Fee

30,000 MNT
Credit database reference fee

For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT
Categories
Investment Loan

Requirements

  • Last 12 months continuous business experience;
  • Qualify for collateral
  • Other requirements from the bank.
Categories
Investment Loan

Eligibility or required documents

  • Loan application letter;
  • Loan application /from Bank/;
  • Resolution of the Board of Directors/Shareholders’ Meeting/ on taking a loan. /The decision specifying the requested loan amount, interest rate, term, and collateral and appointing the person authorized to sign/;
  • A copy of the certificate and charter must be certified by a notary;
  • Copy of identity card of the person authorized to sign the loan agreement / founders, general director, executive director, etc., borrower’s resume;
  • Special licenses, business plans and other documents related to business activities;
  • References /in the name of Organization and major shareholders/;
  • Other Required documents;