This loan is for wholesale and retail traders, TDBank’s POS, TDB pay merchant individuals and business entities with no requirements of fixed collateral.
By having this loan, you can increase working capital by extending your business operations.
Type |
Trade, development bank POS, TDB Pay merchant |
Wholesale and retail traders |
Amount |
Up to MNT 30 million |
Up to MNT 15 million |
Interest rate* (MNT) |
Annual 18.0% - 20.4% |
Annual 19.2% - 22.8% |
Term |
Up to 36 months |
|
Collateral |
Product materials, account surplus, guarantee, movable property |
|
Service fee |
0.5 % (min 50 000 MNT) |
Type |
Trade, development bank POS, TDB Pay merchant |
Wholesale and retail traders |
Requirements |
Maintained sustainable operation for the past one year Received regular income over the past 6 months through Trade, development bank POS, and TDB Pay merchant |
Maintained sustainable operation for the past one year Be the principal landlord or owner of major marketplaces |
For citizens: | For entities: | |
1. Loan application (From the banking sector or click HERE to download.) |
1. Loan application (From the banking sector or click HERE to download.) |
TDB’s working capital loans are suitable for financing all kinds of working capital needs and short-term business expenses.
Amount | Up to MNT 350 million | |
Interest rate MNT |
annual 19.2% - 22.8% monthly 1.60% - 1.90% |
|
Term | 36 months | |
Service fee |
0.3% (min 50 000 MNT) |
For legal entities: State registration document
|
For individuals::
|
Amount | Up to MNT 350.0 million | Above MNT 350.0 million | |
Interest rate MNT |
annual 19.5% - 23.1% |
Flexible depending on borrower’s risk rating | |
Term | 60 months | ||
Service fee | 0.3% (min 50 000 MNT) | ||
Other terms | 20-30 percent of the total budget must be financed or can be finance from its own resources. |
* Effective percentage rate /annual/:14.47%-18.07%
For legal entities: State registration document
|
For individuals::
|
This loan is for small and medium-sized enterprises (SME) with lack of collateral to expand their businesses and start new projects. Moreover, you can buy assets, equipment, and finance current assets.
You can get a loan at lower interest rate than regular loan for business that guaranteed by Credit Guarantee Fund from all our branches.
Borrower
|
Small and medium-sized enterprises (SME)
|
Loan amount
|
Until MNT 1 billion
|
Interest rate
|
12%-15% per annum
|
Tenor
|
Up to 10 years
|
Grace period
|
Up to 2 years
|
Service fee
|
0.3% (min 50 000 MNT) |
Amount of guarantee
|
30%-60% of total loan amount
|
Guarantee commission of Credit guarantee fund
|
50,000 MNT
|
Guarantee fee of Credit guarantee fund
|
1% of total guaranteed amount every year
|
For legal entities:
For individuals:
The purpose of this loan is to support jobs, create and expand operations of self-employed, micro-business owners.
Amount |
Self-employed and herdsmen |
Up to MNT 10 million |
Partnerships and cooperatives as well as citizens who have returned from jobs in a foreign country | Up to MNT 25 million | |
Micro-industry and service providers | Up to MNT 50 million | |
Interest rate (MNT) |
Annual 8.5% |
|
Term |
Up to 36 months |
|
Service fee |
0.5 % (min 50 000 MNT) |
|
Grace period |
Up to 6 months |
For citizens: | For entities: |
1. Loan application (From the banking sector or click HERE to download.) 2. A copy of the notarized citizen identification card (applies to a person whom the loan is jointly received). 3. Leasing contract, account statement, inventory balance 4. Marriage certificate (marital status if not married) 5. Other required documents (permission to run operations, licenses etc). |
1. Loan application (From the banking sector or click HERE to download.) 2. State certificate of registration 3. Company rules; 4. Leasing contract, account statement, inventory balance 5. Other required documents (permission to run operations, licenses etc). |
You are able to get loan against term deposit in tugrug at low rate at any branch or TDB online. It allows you to earn interest on your term deposit while you borrow at low rate.
Loan amount max |
Max. 90% of the account balance |
Loan amount min |
10,000 MNT |
Interest rate |
Saving's interest (annual)+6.00% |
Term |
It depends on your time deposit |
Fee |
No Fee |
Saving collateralized loan is available for you at the branch, where you have opened the time deposit account.
Your short-term financial needs for all types of payment cards, credit cards and lending to citizens' bank accounts.
You used the right loan paid back within one month. This loan has a maturity of up to one year.
Amount |
Account shall be determined on the basis of income. |
|
Interest rate |
MNT |
annual 21.60% (monthly 1.80%) |
USD |
annual 18.00% (monthly 1.50%) |
|
EUR |
annual 18.00% (monthly1.50%) |
|
Term |
12 months |
|
Reimbursement tenore |
30 days |
|
Service fee |
0.8% |
Salary card holder |
Current account holder, other account holder: |
- Completed Overdraft application form - Notarized copy of personal ID - Organization description - Social insurance book |
- Completed Overdraft application form - Notarized copy of personal ID - Organization description |
Type of loan |
Interest rate (per annum) |
Maximum loan amount |
Advance payment |
Term of the loan |
Service fee |
Eco car loans Dual fuel (hybrid), LPG (gas) |
17.40% |
Does not exceed the value of the car |
10%* |
Up to 30 months |
0.50% of the loan amount (up to MNT 500,000) |
*0% advance payment may be applied to customers who receive their salary through TDB’s account and who provide residential or commercial real estate as a collateral on the loan.
Bring the original documents listed below. These include:
The following documents can be obtained from the “HUR” system by scanning your fingerprints at the bank branch, or you can bring them in original.
If you make an advance payment in the amount above the minimum advance payment, your car will covered by the car insurance and will be taken as the only loan collateral.
TDB offers a salary loan under the following conditions:
Amount |
Interest rate |
Term |
|
Up to 50 million MNT |
MNT |
annually 22.80%-17.40% |
up to 30 months |
monthly 1.90%-1.45% |
|||
USD |
annually 16.80% |
||
monthly 1.40% |
|||
Service fee |
1% (min 5000 MMNT) |
* Effective percentage rate /annual/: MNT 18.25% -23.67%, USD 17.56%
Required original documents:
Documents available on Khur system:
PS: For co-borrowers, proof of employment is not required but proof of relationship with the borrower is required. Please click here to calculate your loan eligibility.
|
New |
Old |
|
Features of the loan |
Probably not used |
Used for 10 years or less from its manufacture date (applies to cars with or without license plates) |
|
Interest rate (MNT) |
* 16.32% per annum (1.36% per month) |
||
Maximum loan amount |
Does not exceed the value of the car |
100.0 million MNT |
|
Term of the loan |
For an entity |
Up to 96 months |
Up to 48 months |
For a citizen |
Up to 30 months |
Up to 30 months |
|
Minimum advance payment |
10% |
||
Car dealer |
Official representative and supplier |
Car dealer |
|
Service fee |
0.50% of the loan amount (up to MNT 500,000) |
*Actual cost of loan (per annum): 19.84%
Bring the original documents listed below. These include:
The following documents can be obtained from the “HUR” system by scanning your fingerprints at the bank branch, or you can bring them in original.
If you make an advance payment in the amount above the minimum advance payment, your car will covered by the car insurance and will be taken as the only loan collateral.
CAR CONDITION |
New |
Used car or Car with Mongolian plate number |
|
LOAN PERIOD |
30 months |
||
Company - 48 months |
|||
Amount |
Does not exceed the purchase price |
100 million MNT |
|
DOWN PAYMENT |
20-40% |
10-30% |
|
INTEREST RATE |
MNT |
annual 18.00% |
annual 20.40% - 17.40% |
monthly 1.5% |
monthly 1.70% - 1.45% |
||
USD |
monthly 1.40% |
Eco car* annual 17.40% |
|
Effective percentage rate /annual/ |
MNT 18.53% USD 19.09% |
18.53% - 20.91% |
|
Collateral |
Purchased car |
Purchased car. If necessary additional fixed asset |
|
Service fee |
0.5% /up to 500,000 MNT/ |
The Trade and Development Bank of Mongolia (TDB) has introduced the "Green Consumption Loan" banking product with the aim to reduce air and soil pollution and mitigate climate change through promoting citizens’ purchases of eco-friendly products and/or services. The loan has favorable conditions and is eligible for citizens willing to acquire green products and/or services from suppliers that TDB has a cooperation agreement with. You may get the loan quickly in a comfortable environment of the Bank’s branch located near you.
Suppliers willing to cooperate with TDB in this regard, please contact us via telephone No. (+976) 11 311027 to learn more about cooperation possibilities.
Loan amount |
Up to 10.0 million MNT |
Interest rate (monthly) |
1.4% |
Term of the loan |
Up to 30 months |
Advance payment for purchases |
0% |
Collateral |
Revenue account, future income |
Service Fee |
No fee (does not apply to green consumption loans via e-commerce platform) |
1 |
|
Plastic Center LLC |
|
2 |
|
Clean Resource Development LLC |
|
3 |
|
BIO SEPTIC SERVICES LLC |
|
4 |
|
Ultrasonic LLC |
|
5 |
|
Domogt Khan Altai LLC |
|
6 |
|
New Bayan Bayar Termo LLC |
|
7 |
Outsourcing Construction LLC |
TDB is the first commercial bank to introduce online banking services in Mongolia in 2018, which provides to its customers the opportunity to save time and meet their needs online.
Customer |
No proof of income |
Proof of income |
|
Customer of TDB and other banks |
Customer who transfers income through TDB’s account |
Customer who transfers income through other banks |
|
Loan amount |
From 100.0 up to 500.0 thousand MNT |
From 100 thousand up to 10.0 million MNT |
|
Interest rate (monthly) |
2.00% |
1.80% |
1.90% |
♻️ Green consumption loan via an e-commerce platform 1.40% |
|||
Term of the loan |
Up to 6 months |
Up to 30 months |
|
Service Fee |
3% |
1% |
|
Advance payment for purchases (minimum amount) |
20% |
0% if the purchase ampount is below MNT 5.0 million |
|
10% if the purchase amount is more than MNT 5.0 million |
|||
Requirements to the borrower |
No additional documents are required to confirm income |
Must have received salary at TDB’s account for 6 or more months, must have transferred business income through TDB’s account for the past 12 months |
Proof of income with a Social Insurance reference |
No delinquent or bad credit history according to the borrower’s credit reference |
Very simple |
You may be a customer of any bank, just put the goods you want to buy in the basket and press the button to request a loan. |
There is no need to prepare materials |
No documents are required to send a loan request of up to 500.0 thousand MNT. It would be sufficient if you provide your personal information accurately. |
An opportunity to get a loan with no advance payment and a lower interest rate |
Regardless of the bank you deal with, you can get a loan of up to 10.0 million MNT by proving your income using your internet banking login and password. |
Credit decision process |
Your loan request is responded to by a system operating for 24/7. |
Your goods will be delivered |
The goods you ordered will be delivered to your registered address directly. |
1 |
|
Shoppy LLC |
|
2 |
|
Next Electronics LLC |
|
3 |
|
IT Zone LLC |
|
4 |
|
PC mall LLC |
|
5 |
|
Vista Technology LLC |
|
6 |
|
Michel&Amazonka LLC |
|
7 |
|
Technozone LLC |
|
8 |
|
Aylaliin anduud LLC |
|
9 |
|
BCT LLC |
|
10 |
|
Gerelt Nar Od LLC |
|
11 |
|
Natural Textile Group LLC |
|
12 |
|
Urbanshop LLC |
|
13 |
|
Store MN LLC |
|
14 |
|
Smart Deal LLC |
|
15 |
|
Goo Od Bileg LLC |
|
16 |
|
UTA LLC |
|
17 |
|
QNS LLC |
|
18 |
|
100 Ail Platform LLC |
|
19 |
|
Cybercom LLC |