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 |
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.
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/ |