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Loan for NFBI |
MNT | USD | EUR | RMB |
JPY |
|
Amount |
The amount of bank financing shall not exceed 80% of the total working capital. The maximum loan amount depends on the size of the business, capital and financial capacity. |
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Interest rate / monthly/ |
2.00%-1.60% | 1.35%-1.00% | 1.35%-1.00% | 1.35%-1.00% |
1.35%-1.00% |
|
Interest rate / annually/ |
24.00%-19.20% | 16.20%-12.00% | 16.20%-12.00% | 16.20%-12.00% |
16.20%-12.00% |
|
Term |
Up to 36 months |
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|
Service fee |
1% of the loan amount /maximum MNT 1,500,000/ or equivalent currency |
0.5% of the loan amount /maximum USD 1,500 or amount equivalent to EUR, CNY, JPY |
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Penalty interest rate |
Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate |
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Fee for changing the original loan terms |
0% |
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Grace period |
Up to 12 months |
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Loan application fee |
30,000 MNT |
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Credit recording enquiry fee /during loan analysis procedure/ |
Individual – MNT 1,000 |
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