Rental Loan

Product term:

Terms MNT USD EUR CNY JPY
Period Up to 60 months
Loan amount  Up to 80% of the contract amount and the maximum amount equal to 5 billion MNT
Interest /monthly/ 1.8%-1.2% 1.7%-0.85% 1.7%-1.0% 1.7%-1.0% 1.0%-0.6%
Interest /yearly/ 21.6%-14.4% 20.4%-10.2% 20.4%-12.0% 20.4%-12.0% 12.0%-7.2%
Service fee  1% on loan amount /Up to 1,500,000 MNT/ 
Other terms Insurance required /fee shall be covered by borrower/
Reference fee /Loan database/* Private - 1,000 MNT
Corporate - 5,000 MNT
Reference of collateral asset - 10,000 MNT

*Effective from April 01, 2020.

Product term:

Terms MNT USD EUR CNY JPY
Period Up to 120 months
Loan amount  Up to 70% of the contract amount and the maximum amount equal to 20% of its capital
Interest /monthly/ 1.8%-1.2% 1.6%-0.85% 1.6%-1.0% 1.6%-1.0% 1.0%-0.6%
Interest /yearly/ 21.6%-14.4% 19.2%-10.2% 19.2%-12.0% 19.2%-12.0% 12.0%-7.2%
Service fee  1% on loan amount /Up to 1,500,000 MNT/
Other terms Insurance required /fee shall be covered by borrower/
Reference fee /Loan database/* Private - 1,000 MNT
Corporate - 5,000 MNT
Reference of collateral asset - 10,000 MNT

*Effective from April 01, 2020.