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Required documents
Basic information
Proof of income
Requirements
Loan conditions
| Term of Loan | Up to 30 months for salary income. Up to 96 months for business income |
| Interest rate | 17.40% – 20.40% |
| Actual cost of loan /year/ | 17.82% – 20.83% |
| Down payment | Demand is high – not less than 20% |
| Medium demand – not less than 30% | |
| If the production year is more than 10 years, the advance payment will be increased by 10 percent | |
| Application Fee | 10,000 MNT |
| Loan fees | 0.5% of the loan amount (maximum 1.0 million MNT) |
First month payment
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