|Annuel interest rate||MNT 14.40% – 15.60%
USD 15.60% – 16.80%
|Effective percentage rate (yearly)||MNT 14.62% – 15.83%
USD 15.84% – 17.05%
|Loan term||Up to 20 year|
|Loan disbursement fee||1% of total loan amount|
|Application fee||10,000 MNT|
|Insurance||Collateral insurance and life insurance are required|
*If additional immovable property is pledged down payment amount can be decreased down to 0%
Both main applicant and co-applicant should complete the same documents.
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