Categories
Credit line

Terms and conditions

Line Loan

MNT USD EUR CNY

JPY

Maximum loan amount

The maximum loan amount depends on the size of the business, capital and financial capacity. 

Loan interest rate / monthly/

2.00%-1.60% 1.50%-1.10%  1.20%-0.85%  1.20%-0.85%

 1.20%-0.85%

Loan interest rate / annual /

24.00%-19.20% 18.00%-13.20% 14.40%-10.20% 14.40%-10.20%

14.40%-10.20%

Loan interest rate / annual /

2.8%-4.2% 2.0%-3.6%

1.5%-3.0%

Loan term

60 months up

to 36 months

Service fee

1% of the loan amount or maximum amount of MNT 1,500,000

0.5% of the loan amount or maximum amount of USD 1,500 and its equivalent in EUR, CNY and JPY

Increased interest

The accrued interest is equal to 20% of the principal

Initial loan change fee

0%

The application fee

30,000 MNT 

Credit recording enquiry fee /during loan analysis procedure/

Individual – 1,000 MNT

Entity – 1,000 MNT

* Effective percentage rate /annual/: MNT 19.69%-24.51%

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