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₮ - 5,000,000 |
|
Loan terms /in months/ |
Up to 36 |
|
Interest rate /per month/: |
3.2% - 2.9% |
|
Interest rate /per year/: |
39.4% - 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 |
0.7% - 0% |
|
Automobile loan for business purpose |
|
|---|---|
|
Loan amount in MNT |
3,000,000₮ - 50,000,000₮/used/; - 100,000,000 /new/ |
|
Loan terms /in months/ |
Up to 36 |
|
Interest rate /per month/: |
3.1% - 2.89% |
|
Interest rate /per year/: |
37.2% - 34.68% |
|
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