Category: Overdraft loan

It offers a short-term financing overdraft loan product for citizens.

Benefits

Conditions /MNT/	Overdraft Loan for salary account	Overdraft Loans for current account
Minimum balance of account	0 MNT
Interest rate of account /annual/	According to “General Terms and Conditions of the Bank’s Service Fees and Charges”
Maximum Loan Amount	Up to 20 percent of the average current account balance of the last 12 months
Basic interest rate /annual/	18.0%	19.2%
Basic interest rates Increased Interest /annual/	21.6%	24.0%
Period of use	up to 12 months	up to 12 months
Repayment period	30 days /counting from the day use/
Contribution	1% of the amount or the maximum amount is 1,000,000 MNT
Benefits of Changes to the Original Loan Term	1% of the amount or the maximum amount is 1,000,000 MNT
Application Fee	10,000 MNT
Credit database reference fee	For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT