Consumer loan

Salary loan Quick loan Pension loan Pension loan on preferential terms Herder’s loan Car loan Consumer loan available at provincial branch Required documents

LOAN AMOUNT	LOAN AMOUNT (ANNUAL)	TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
Up to 30 million MNT*	Nominal interest rate- 16.80%-22.80% Effective interest rate-18.29%-25.60%	up to 24 months	1.00%	2,000 MNT

*Shall not exceed salary amount increased tenfold

LOAN AMOUNT	INTEREST RATE (ANNUAL)		TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
	MNT	USD
Up to 50 million MNT or the equivalent in USD with a pledge in the form of an apartment, in other cases up to 30 million MNT or the equivalent in USD.	Nominal interest rate-24.00%-27.60% Effective interest rate-27.11%-31.77%	Nominal interest rate-18.00%-24.00% Effective interest rate-19.72%-27.11%	Up to 12 months	1.00%	20,000 MNT

LOAN AMOUNT		INTEREST RATE (ANNUAL)	TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
Up to 6 months	The sum of 12 months’ pension/ unit credit committee - the sum of 24 months’ pension/	Nominal interest rate-15.00% Effective interest rate-16.18%	Up to 24 months	No commission	No commission
More than 6 months		Nominal interest rate-16.80% Effective interest rate-18.29%

*only in MNT

LOAN AMOUNT	INTEREST RATE (ANNUAL)	TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
Loan application fee, shall not exceed 70% of the sum of 12-month pension	Nominal interest rate-10.00% Effective interest rate-10.52%	Up to 12 months	No commission	No commission
	Nominal interest rate-15.60% Effective interest rate-16.88%	12-24 months	No commission	No commission

*Monthly loan repayment amount shall not exceed 70% of monthly pension

LOAN AMOUNT	INTEREST RATE (ANNUAL)		TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
Loan amount is determined based on business scope, and financial ability.	Nominal interest rate	Effective interest rate	Up to 18 months	1.00%	2,000 MNT
	21.60%-27.60%	24.10%-31.77%

*Monthly loan repayment amount shall not exceed 70% of monthly pension

LOAN AMOUNT	INTEREST RATE (ANNUAL)	TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
Determined based on applicant’s income and scope of business activity	Nominal interest rate-20.40%-24.00% Effective interest rate-22.62%-27.11%	Up to 18 months	1.00%	2,000 MNT

CURRENCY	LOAN AMOUNT	INTEREST RATE (ANNUAL)		DOWN PAYMENT	TERM	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
		MNT	USD
MNT	Up to 100 million MNT /immovable property shall be pledged for loans above 20 million/	Nominal interest rate-24.00% Effective interest rate-27.11%	Nominal interest rate-18.00% Effective interest rate-19.72%	30.00%	Up to 24 months	1.00%	1.00%
USD

Required documents

LOAN TYPE (MNT)	INTEREST RATE (ANNUAL)	LOAN TERM	DOWN PAYMENT	LOAN AMOUNT	LOAN ORIGINATION FEE	LOAN APPLICATION FEE
Consumer electronics, furniture	Nominal interest rate-24%-26.4% Effective interest rate-27.11%-30.20%	Up to 24 months	Up to 3 million-0%, More than 3 million-10%	Up to 5 million MNT	1% (Up to 2 million MNT) (down amount 1000 MNT)	5000 MNT
Jewel		Up to 12 months	Up to 1 million-0%, More than 1 million-10%	Up to 2 million MNT
Clothes (fur coat, reindeer fur boots etc)		Up to 12 months	-	Up to 2 million MNT

*The borrower shall be a permanent resident in the area of the bank