Other fees for current and savings accounts
Categories
Categories
Eligibility or required documents
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Customer application form /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and Certificate of Alien Registration
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No additional collateral is required
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It will be resolved quickly and in a short period of time.
Categories
Terms and conditions
| Car loans |
Car loan |
| Loan amount |
The amount shall not exceed the total purchase price of the vehicle |
| Terms |
Up to 96 months |
| Loan interest /month/ |
1.7% – 2.1% |
| Loan interest /annual/ |
20.4% – 25.2% |
| Service Fees |
1% |
| Increased interest |
The increased interest rate is equal to 20% of the principal interest rate |
| Collateral |
Purchased vehicle |
| Down payment |
10%-30% |
| Supplier’s Fee |
1% |
| Application Fee |
10,000 MNT |
| Benefits of Changes to the Original Loan Term |
Loan balance up to 1% /Maximum amount 1,000,000/ |
| Other |
It is required to purchase cars from the supplier organization with which the “Cooperation Agreement” has been concluded. |
| Credit database reference fee |
Citizen – 1,000 MNT, Organization – 1,000 MNT |
Actual cost /annual/: 22.3%-27.1%
Categories
Requirements
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Have been with the organization for at least 6 months or have been in stable business for at least 1 year;
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Up to 55 percent of after-tax income must be sufficient to cover the total monthly interest payments;
- Other banks and financial institutions have no overdue or poor quality loan balances;
Categories
Eligibility or required documents
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Application, resume /bank model/, 1 copy of photo, identity card
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Residence reference (issued by local authority)
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Required documents and bank statements to prove salary or business income
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Certificate of collateral and related documents
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Other materials necessary by the Bank
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- Application submission
- Application screening
- General knowledge assessment
- First-round interview
- Professional skills assessment
- Second-round interview
- Final interview
- Job offer
- Acceptance and review of applications in accordance with established procedures;
- Ensuring objectivity and impartiality, without bias based on personal appearance or subjective judgment, and free from influence by management or colleagues;
- Openly advertising job vacancies and providing equal opportunities for competition from both internal and external candidate pools;
- Providing candidates with a genuine opportunity to present themselves and demonstrate their qualifications and capabilities.
If you seek to define your future and jointly create success and achievement in the financial sector, we invite you to join us. Your capabilities and our opportunities together, let us build a story of success.