Corporate
Interest rate

1.90%

Term

Up to 24 months

Amount

Up to MNT 60 million

Terms and conditions
Loan amountUp to 60,000,000 MNT
Loan termUp to 24 months
Interest rate  Month: 1.90% - 2.0%
Annual: 22.80% - 24.0%
loan survey fee /non-recurrent/                    0.4-1.0%
Application fee10,000 MNT
Requirements
  • Loan applicant must be over the age of 21
  • Continuous business operation for the last 1 year
  • If the business premises are leased, the lease agreement must be made in the name of the POS owner
  • Received regular income over the past 3 months through Bogd bank POS
  • No attention and bad credit history
Required documents
  • Official note for requesting a loan
  • State certificate of registration
  • Company rules
  • Lease agreement
  • POS account statements for the last 3 months
  • If there is any credit with outstanding balance in any bank or financial institution, credit agreement and credit account statements are required the additional documents requested by bank
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