MICRO-ENTERPRISE LOAN
Micro-business owners may take a long-term secured or unsecured loan to support operations of his/her business.
UNSECURED LOAN |
|
---|---|
Loan amount in MNT |
1,000,000₮ - 10,000,000₮ |
Loan terms /in months/ |
Up to 36 |
Interest rate /per month/: |
3,2% - 2,9% |
Interest rate /per year/: |
38,4% - 34,8% |
Collateral |
Movable assets |
Service fee |
1% - 0% |
SET-UP CAPITAL LOAN |
|
---|---|
Loan amount in MNT |
1,000,000₮ - 20,000,000₮ |
Loan terms /in months/ |
Up to 36 |
Interest rate /per month/: |
2,99% - 2,8% |
Interest rate /per year/: |
35,88% - 33,6% |
Collateral |
Apartment, house, land or movable assets |
Service fee |
1% - 0% |
DEVELOPMENT CAPITAL LOAN |
|
---|---|
Loan amount in MNT |
20,000,001₮ - 40,000,000₮ |
Loan terms /in months/ |
Up to 36 |
Interest rate /per month/: |
2,9% - 2,7% |
Interest rate /per year/: |
34,8% - 32,4% |
Collateral |
Apartment, house, land or movable assets |
Service fee |
0,8% - 0% |
Automobile loan for business purpose |
|
---|---|
Loan amount in MNT |
3,000,000₮ - 200,000,000₮ |
Loan terms /in months/ |
Up to 48 |
Interest rate /per month/: |
2,7% - 2,49% |
Interest rate /per year/: |
32,4% - 29,88% |
Collateral |
Apartment, house, land or movable assets |
Service fee |
1% - 0% |
*Please be aware that additional third-party service fees, such as state registration fees, notary fees for loan contract confirmation, and insurance, may apply.
Incentives and Benefits
- Loan service fee is reduced every time to reward repeat clients who fulfill his/her loan obligations well.
- Loan service fee is reduced to reward a group leader who manages and leads group's operation well.
- Clients are invited to training and events organized by other organizations
Incentives for on-time repayment history
- VIP service
- High collateral valuation
- Decrease in Interest rate
- Increase in loan amount
- Open credit line if needed
- Take other products and services in parallel
- Zero service fee to clients who have taken loans more than seven times