Categories
Electric Vehicle Loan

Terms and conditions

Electric Vehicle LoanNew Vehicle
Loan amountProbably not used
Up to 300 million MNT
Loan termIndividuals – Up to 30 months
Corporate – Up to 48 months
Interest rate /monthly/1.4% – 1.6%
Interest rate /annual/16.8% – 19.2%
Service fee1% of the loan amount /maximum MNT 1,500,000/
Penalty interest ratePenalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate
CollateralPurchased vehicle as a collateral
Down Payment30%
Bank fee from vehicle supplier1% of the loan amount and it’s regulated through “Contractual agreement”
Loan application10,000 MNT
Car dealershipOfficial distributing company  and supplier
Credit recording enquiry fee /during loan analysis procedure/Individual – MNT 1,000 Corporate – MNT 1,000

* Effective percentage rate /annual/: 17.64%-20.50%

Categories
Electric Vehicle Loan

Requirements

  • The borrower must be employed by the employer for at least 6 months or have consistently run a business for at least 1 year;
  • Up to 60% of after-tax income of the borrower must be sufficient for the monthly payment;
  • The borrower must not have an outstanding or overdue loans at another bank or NBFI.
Categories
Electric Vehicle Loan

Eligibility or required documents

  1. Loan Application / Bank’s application /, 1 passport-sized photo, ID card and its copy;
  2. Statement of residence;
  3. Proof of income source documents and account statements;
  4. Related certificates for purchasing vehicle and invoice of purchasing vehicle from supplier;
  5. Other documents required by Bank (on a case-by-case basis).
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Billionaire Diamond Card

Our bank in collaboration with UnionPay primarily launched  21 grams of full metal payment card called ‘Billionaire Diamond’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services.

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Billionaire Premium Card

Our bank in collaboration with UnionPay primarily launched  21 grams of full metal payment card called ‘Billionaire Premium’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services

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Billionaire Platinum Card

Our bank in collaboration with Visa primarily launched  21 grams of full metal payment card called ‘Billionaire Platinum’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services.

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Billionaire Gold Card

Our bank in collaboration with Visa primarily launched  21 grams of full metal payment card called ‘Billionaire Gold’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services.

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Billionaire Diamond Card

Our bank in collaboration with UnionPay primarily launched  21 grams of full metal payment card called ‘Billionaire Diamond’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services.

Categories
Billionaire Premium Card

Our bank in collaboration with UnionPay primarily launched  21 grams of full metal payment card called ‘Billionaire Premium’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services.

Categories
Billionaire Platinum Card

Our bank in collaboration with Visa primarily launched  21 grams of full metal payment card called ‘Billionaire Platinum’ in Mongolia.

The card is a comprehensive payment solution for various supplementary services, including travel insurance, loyalty program, airport VIP lounge access, and concierge services.

Categories
Billionaire Diamond Card

Terms and conditions

Terms and conditions Billionaire Diamond card
Currency MNT, USD, CNY, EUR
Admission fee 2,000,000 MNT
Annual fee 800,000 MNT
Validity 5 years
Daily cash withdrawal limit 100,000,000 MNT
Daily purchase limit 800,000,000 MNT
Reorder fee 1,500,000 MNT
Card order fee (urgently) 5,000 MNT
Pin code order 1,000 MNT or currency equivalent to 1,000 MNT
Pin code change (at branch) 1,000 MNT or currency equivalent to 1,000 MNT
E-pin change (at branch) No fee
Balance inquiry at TransBank branch 100 MNT or currency equivalent to 100 MNT
To check account balance from foreign banks /AТМ/ 0.50 USD
Balance inquiry at other domestic banks 100 MNT or currency equivalent to 100 MNT
Minimum required balance 300,000 MNT/ 100 USD/ 100 EUR/ 500 CNY
Categories
Billionaire Diamond Card

Required documents

Please visit the nearest branch of TransBank to order. 

Individual: 

  • ID card 

For foreigners:

  • Passport
  • Alien Registration Card
Categories
Billionaire Premium Card

Terms and Conditions

Terms and Conditions Billionaire Premium card
Currency MNT, USD, CNY, EUR
Admission fee 2,000,000 MNT
Annual fee 500,000 MNT
Validity 5 years
Daily cash withdrawal limit 100,000,000 MNT
Daily purchase limit 500,000,000 MNT
Reorder fee 1,500,000 MNT
Card order fee (urgently) 5,000 MNT
Pin code order 1,000 MNT or currency equivalent to 1,000 MNT
Pin code change (at branch)
E-pin change (at branch) No fee
Balance inquiry at TransBank branch 100 MNT or currency equivalent to 100 MNT
To check account balance from foreign banks /AТМ/ 0.50 USD
Balance inquiry at other domestic banks 100 MNT or currency equivalent to 100 MNT
Minimum required balance 300,000 MNT/ 100 USD/ 100 EUR/ 500 CNY
Categories
Billionaire Premium Card

Required documents

Please visit the nearest branch of TransBank to order. 

Individual: 

  • ID card 

For foreigners:

  • Passport
  • Alien Registration Card
Categories
Billionaire Platinum Card

Terms and Conditions

Terms and Conditions Billionaire Platinum card
Currency MNT, USD, CNY, EUR
Admission fee 2,000,000 MNT
Annual fee 800,000 MNT
Validity 5 years
Daily cash withdrawal limit 100,000,000 MNT
Daily purchase limit 800,000,000 MNT
Reorder fee 1,500,000 MNT
Card order fee (urgently) 5,000 MNT
Pin code order 1,000 MNT or currency equivalent to 1,000 MNT
Pin code change (at branch)
E-pin change (at branch) No fee
Balance inquiry at TransBank branch 100 MNT or currency equivalent to 100 MNT
To check account balance from foreign banks /AТМ/ 0.50 USD
Balance inquiry at other domestic banks 100 MNT or currency equivalent to 100 MNT
Minimum required balance 300,000 MNT/ 100 USD/ 100 EUR/ 500 CNY