SME business loan

SME business loan - REPO /export/

Loan product to support small and medium enterprises and enterprises operating in the non-mining export sector.

 

SME BUSINESS LOAN - REPO

TERMS

Maximum amount /securitization/

Up to 3 billion MNT

Interest rate /annual/ 

10.50% /Repo trading interest + up to 4%/

Period /monthly/

More than 24 months

Service fee

1% on loan amount or a maximum MNT 1.5 million 

Increased interest

Equivalent to 20% of interest rate

Application fee  

10,000 MNT

Grace period

More than 6 months /At least 6 months/

Other

Other requirements and conditions of the Bank of Mongolia

Reference fee /Loan database/*

Private - 1,000 MNT

*Effective from January 01, 2022.