Electric car loan

Loan condition

Loan terms		Electric car
Requirement		New	Used
Requirement		Does not exceed the price of the car	Used for 10 years or less since the date of manufacture (cars with or without license plates)
Interest rate		*Жилийн 15.0% ( сарын 1.25%)
Amount		Does not exceed the price of the car	100.0 million MNT
Loan period	Company	96 months	48 months
Loan period	Individual	30 months	30 months
Down payment		10% (If additional immovable property is pledged, you can get a new car loan with no down payment)
Car dealer		Official supplier	Dealer
Service fee		0.5% of the loan amount (up to 500,000 ₮)

Requirement

Must be 18 years old
Must be a permanent employee with the current employer at least 6 month's tenure
Bound business entity and organization that has been operating continuously for at least one year
Having no overdue or non-performing loans to banks and financial institutions.

Required document

Loan application.
Copy of Identification Card.
Provide the statement from the place of work (the statement shall be valid for 30 days).
Employment contract.
Having no overdue or non-performing loans to banks and financial institutions.
Purchase agreement.
Documents proving business activities.
Other required documents.

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