Eco car loan

Eco car loan

A loan product for customers going to buy a car for personal use.
Duration
30 months
  • Loan term Salary income: Up to 30 months
    Business income: Up to 96 months
    Interest rate /Annual/ 12.00% – 13.20%
    Effective percentage rate/annual/ 12.89% – 14.19%
    Down payment 20%
    If the customer has pledged a real estate as a collateral, down payment is 0%.
    Application fee 10,000 MNT
    Commission charge 1% of the loan amount (maximum MNT 1.0 million)
    • Permanent residential address where the applicant lived for at least 1 year;
    • Consistent monthly income /Salary or Business/;
    • Legally validated company or legally responsible individual;
    • The purchase must be made from suppliers in contractual agreement with Golomt bank.
    • ID card
    • Request form
    • Request (To be written by hand and signed)
    • Passport size photo taken in last 3 months
    • Drivers’s license
    • Employee reference letter stating monthly salary amount;
    • Salary account statement in last 6 months
    • Import declaration form for purchasing appliance
    • Vehicle registration certificate
    • Invoice of purchasing appliance
    • Down payment receipt of purchasing appliance
    • Other materials

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    Your loan calculation

    Monthly payment

    Salary amount (45%)


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    Calculate your savings

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    Total interest

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