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Parking purchase loan

We offer long-term parking loans with favorable terms.

Loan condition

Down payment amount

Interest rate

Term of loan

Loan amount

20%

Annual - 19.2%
Monthly -1.60%

Up to 84 months

Up to MNT 70.0 million

Service fee 

0.5% (from MNT 50,000 to 300,000)

*If you have a home loan balance in TDB, or if you are taking a home purchase loan, the down payment is 0%.
**Actual cost of loan (annual): 19.38%

Requirement
  • 18 years old or above, Mongolian citizen

  • Must have worked for the employer enterprise for at least 1 year

  • Individual entrepreneurs have been operating for 1 year or more

  • Be free of overdue, non-performing loans in banks and non-bank financial enterprises

Required document

The original documents below are required. It includes:

  • Loan request (Get it from bank branch or click here to download)

  • Identification card (original copy)

  • Proof of employment with salary amount and years of employment (Statement is valid for 30 days)

  • Employment contract

  • Documents confirming household income and business income

  • If currently owed loan to banks and non-bank financial enterprises, loan contract, collateral agreements, and loan account statements

  • Garage sale and purchase agreement

  • Property real estate certificate for collateral

  • Other documents required during the research

The following documents can be obtained from the KHUR system by scanning your fingerprints at the bank branch, or you can bring them in original.

  • Identification of the resident committee or identification from the public service electronic machine; (Description is valid for 30 days)

  • Copy of marriage certificate or marriage enquiry

  • Statement of Social Insurance contributions from the electronic machine of public services.

  • Real estate enquiries about whether the loan is placed as collateral

Note: The co-borrower must also prepare the above materials.

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