Post-shipment loan terms |
MNT | USD | EUR | RMB |
JPY |
Maximum amount |
Within the credit lines, the amount of trade agreements and transactions shall not be exceeded |
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Interest rate /annually/ |
Source cost + 2.0% -4.0% |
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Loan term (depending on product turnover) |
Up to 60 months |
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Service fee |
0% |
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Application fee |
30,000 MNT |
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Full and partial prepayment fee |
According to the terms of the foreign bank interest rate |
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Credit recording enquiry fee /during loan analysis procedure/ |
Individual – 1,000 MNT Corporate- 1,000 MNT |
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Note:
The cost of resources includes tax costs associated with attracting external resources, interest and non-interest costs, and required reserve costs. |
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