Loan condition
Currency:
MNT
Loan terms | Online loan request | Loan request at bank branch |
|---|---|---|
Loan amount | Up to MNT 15.0 million | MNT 15.0 million and more |
Total amount of pension up to 24 months. (The total amount of loan interest is deducted) | ||
Interest rate | Annual 16.8% (monthly 1.40%) | |
Term of loan | Up to 24 months | |
Collateral | Pension income (If the loan amount is below MNT 15.0 million, guarantee person is required) | |
Requirement
- Pension income must be received through a TDB account at least once.
- The customer must be free of pension and other non-performing loans in banks and non-bank financial enterprises.
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