Categories
Investment Loan

Terms and conditions

 

Investment loan MNT USD EUR CNY JPY
Maximum loan amount The maximum loan amount will be determined depending on the size of the business, capital and financial ability. At least 30% of the total investment amount shall be financed by the borrower himself.
Loan interest /month/

2.0%-1.6%

1.5%-1.1% 1.2%-0.85% 1.2%-0.85%

1.2%-0.85%

Loan interest /annual/

24.0%-19.2%

18.0%-13.2% 14.4%-10.2% 14.4%-10.2%

14.4%-10.2%

Term of loan

Up to 60 months

Up to 36 months

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 interest

The increased interest rate is equal to 20% of the principal interest rate

Benefits of Changes to the Original Loan Term

0%

Period of exemption from principal
  Up to 12 months
Application Fee

30,000 MNT

Credit database reference fee

For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT

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