| Conditions | MNT | USD | EUR | CNY | JPY |
| Term of loan | Up to 60 months | ||||
| Maximum loan amount | The maximum amount of financial lease is 20 billion MNT or equivalent currency | ||||
| Loan interest /month/ | 2.0%-1.6% | 1.35%-1.0% | 1.35%-1.0% | 1.35%-1.0% | 1.35%-1.0% |
| Loan interest /annual/ | 24.0%-19.2% | 16.2%-12.0% | 16.2%-12.0% | 16.2%-12.0% | 16.2%-12.0% |
| Service fee |
1% of the loan amount or a maximum of 1,500,000 MNT and equivalent currency
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Application Fee
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30,000 MNT | ||||
| Other |
Assets purchased on credit will be fully insured. Customer is responsible for insurance premiums.
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Credit database reference fee
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For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT | ||||
Category: Movable property and machinery
Movable property and machinery loan
Categories
Requirements
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A financial lease includes physical property that does not lose its basic properties during use, such as facilities, equipment, and vehicles, and that belongs to a fixed asset;
- Loan application letter;
- Loan application /from Bank/;
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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/;
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A copy of the certificate and charter must be certified by a notary;
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Copy of identity card of the person authorized to sign the loan agreement / founders, general director, executive director, etc., borrower’s resume;
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Special licenses, business plans and other documents related to business activities;
- References /in the name of Organization and major shareholders/;
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Other Required documents;