|
Product terms |
Job support loan |
|
Loan amount /Securitization/ |
Up to MNT 500,000,000 |
|
Loan interest rate /annual/ |
3% |
|
Loan term |
Up to 36 months |
|
Service fee |
In case of new loan, it shall not exceed 1 percent of the loan amount /max. MNT 1,500,000/ |
|
Penalty interest rate |
Penalty interest rate is equivalent to 20 percent of the base interest rate |
|
Application fee |
MNT 30,000 |
|
Other |
Other requirements and conditions of the Bank of Mongolia |
|
Credit recording enquiry fee /during loan analysis procedure/ |
Individual – MNT 1,000 Corporate – MNT 1,000 |
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