| Financial institute loan | MNT | USD | EUR | CNY | JPY |
| Loan amount |
The maximum loan amount is determined depending on the size of the business, assets and financial ability. The amount of financing from the bank shall not exceed 80% of the total working capital
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| 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% |
| Term of loan |
Up to 36 months |
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| Service fee | 1% of the loan amount or the maximum amount is 1,500,000 MNT | 0.5% of the loan amount or the maximum amount is 1,500 US dollars and the equivalent in EUR, CNY and JPY | |||
| Increased interes |
The increased interest rate is equal to 20% of the principal interest rate |
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| Benefits of Changes to the Original Loan Term |
0% |
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Period of exemption from principal
|
Up to 12 months |
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| Application Fee |
30,000 MNT |
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| Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
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