|
Conditions |
MNT |
USD |
EUR |
CNY |
JPY |
|
Term of loan |
Up to 60 months |
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|
Maximum loan amount |
The maximum amount of financial lease is 20 billion MNT or equivalent currency |
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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% |
|
Service fee |
1% of the loan amount or a maximum of 3,000,000 MNT |
0.5% of the loan amount or a maximum of 3,000,000 MNT equivalent currency |
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|
Application Fee |
30,000 MNT |
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|
Other |
Assets purchased on credit will be fully insured. Customer is responsible for insurance premiums. |
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|
Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
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Actual cost /annual/: 19.7%-24.5%