Working capital loan
This loan is designed to finance working capital requirements of small and medium businesses for purchasing inventory, increasing business income, and improving the quality of product and services.
Amount | Up to 20 percent of the Bank’s capital shall be calculated in MNT or its equivalent in foreign currency | |
Interest rate* (yearly) | MNT | 16.80% – 20.40% |
USD | 8.40% – 13.20% | |
Annual percentage rate (yearly) | MNT | 17.52% – 21.14% |
USD | 9.09% – 13.91% | |
Term | Up to 36 months | |
Loan application fee | 10,000 MNT | |
Service fee | 0.50% – 1.00% / Take once from the approved loan amount/
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For citizens:
For entities: