Mortgage loan

Loan type Housing pledged loan
Loan size Up to MNT 100 million
Loan period 1-12 months
Interest rate 2.5%-3.0%
General requirements and conditions
  • An applicant applying for micro business loan must be conducting business operations for no less than 3 months prior to loan application
  • An applicant applying for SME loan must be conducting business operations for no less than 6 months prior to loan application
  • Must operate within the jurisdiction of Ulaanbaatar city
  • Business related documents
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must not have any overdue payment obligations
  • Loan applicant must have the necessary collateral to fully cover the loan
Required documents

For citizens:

  • Customer application form /NBFI application form/
  • Loan application /NBFI application form/
  • Appropriate photo of loan applicant
  • Valid identification card
  • Documents supporting the ownership of collateral
  • Supporting documents for proof of income, account statements
  • Others, if necessary

For entities:

  • Client application form /NBFI form)/
  • Loan application /NBFI form/
  • Certificate of entity, special permissions, company charter
  • Valid identification card of the CEO,
  • Document entitling the CEO to request and make loan contract and accrediting the CEO temporary
    ownership of company assets on behalf of the entity
  • A copy of financial statement for the previous year, Sales contract, Performance contract, Account statements
  • List of assets to be used as collateral
  • Others, if necessary

Mortgage loan (fenced house)

Loan type Mortgage loan (fenced house)
Loan size Up to MNT 20 million
Loan period 3-24 months
Interest rate 2.1%-2.3%
General requirements and conditions
  • An applicant applying for micro business loan must be conducting business operations for no less than 3 months prior to loan application
  • An applicant applying for SME loan must be conducting business operations for no less than 6 months prior to loan application
  • Must operate within the jurisdiction of Ulaanbaatar city
  • Business related documents
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must not have any overdue payment obligations
  • Loan applicant must have the necessary collateral to fully cover the loan
Required documents

For citizens:

  • Customer application form /NBFI application form/
  • Loan application /NBFI application form/
  • Appropriate photo of loan applicant
  • Valid identification card
  • Documents supporting the ownership of collateral
  • Supporting documents for proof of income, account statements
  • Others, if necessary

For entities:

  • Client application form /NBFI form)/
  • Loan application /NBFI form/
  • Certificate of entity, special permissions, company charter
  • Valid identification card of the CEO,
  • Document entitling the CEO to request and make loan contract and accrediting the CEO temporary
    ownership of company assets on behalf of the entity
  • A copy of financial statement for the previous year, Sales contract, Performance contract, Account statements
  • List of assets to be used as collateral
  • Others, if necessary

Automobile equity loan

Loan type Automobile equity loan
Loan size Up to MNT 50 million
Loan period 3-24 months
Interest rate 2.1%-2.3%
General requirements and conditions
  • An applicant applying for micro business loan must be conducting business operations for no less than 3 months prior to loan application
  • An applicant applying for SME loan must be conducting business operations for no less than 6 months prior to loan application
  • Must operate within the jurisdiction of Ulaanbaatar city
  • Business related documents
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must not have any overdue payment obligations
  • Loan applicant must have the necessary collateral to fully cover the loan
Required documents

For citizens:

  • Customer application form /NBFI application form/
  • Loan application /NBFI application form/
  • Appropriate photo of loan applicant
  • Valid identification card
  • Documents supporting the ownership of collateral
  • Supporting documents for proof of income, account statements
  • Others, if necessary

For entities:

  • Client application form /NBFI form)/
  • Loan application /NBFI form/
  • Certificate of entity, special permissions, company charter
  • Valid identification card of the CEO,
  • Document entitling the CEO to request and make loan contract and accrediting the CEO temporary
    ownership of company assets on behalf of the entity
  • A copy of financial statement for the previous year, Sales contract, Performance contract, Account statements
  • List of assets to be used as collateral
  • Others, if necessary
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