Convertible deposit collateralized loan |
In case loan is provided in foreign currency by collateralizing MNT convertible term deposit |
Loan amount |
Up to 80% of total amount of convertible term deposit |
Loan interest rate /annual/ |
Annual interest rate of term deposit + 6.0% |
Term |
Determined upon maturity date of term deposit |
Service fee |
0% |
Penalty interest rate |
Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate |
Fee for changing the original loan terms |
0% |
Loan application fee |
MNT 1,000 |
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