Savings backed loan
A loan product that is available in all branches of the bank and online to meet your financial needs without canceling your term deposit.
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Loan amount
Loan Type Loan amount
Saving backed loan Up to 90% Credit card Up to 85% Investment savings backed loan Up to 85% after investment Minimum loan amount MNT 100,000 Maximum amount of loan regardless of the branches MNT 30,000,000 Loan term Equal to the maturity of the deposit account Interest rate - Branch: Savings account yearly interest rate + 6.0% /MNT/
- Digital channel: Savings account yearly interest rate + 4.8% /MNT/
- 19.4%-22.0% for loans pledging a national savings account as collateral
- According to the general terms of the credit card
- Investment savings account yearly interest rate + 4.0% /MNT/
Collateral Term deposit MNT account at Golomt bank Application fee - Digital channel: MNT 3,000
- Branch: MNT 5,000
- Must be a term deposit holder or a co-deposit holderof Golomt bank;
- The remaining balance of the term deposit account must be sufficient for covering the principle loan amount, interest and any additional payments;
- Official consent of the principle and co-owner of the account.
- Filled loan application form
- ID copies of the applicant and co-deposit holders, if any
- Term deposit account book
- Consent of the co-deposit holder