2.99%
Loan amount | Up to 300,000,000₮ |
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Loan purpose | To buy an automobile |
Loan duration | Up to 60 months |
Down-payment | 20% and more |
Interest rate /monthly/ | 2.99% |
Overdue interest rate | Equal to 20% of the basic interest |
Service fee | 0.5% |
Repayment | Equal monthly payment |
Requirement for buyer | Individual: 1. Mongolian citizen who is 18 years old or older 2. Affiliated in Ulaanbaatar 3. No delinquent loans, no overdue credit balance and history in the credit database 4. Debt-to-income ratio is met the requirement Company: 1. Has been in continuous operation for the past 12 months 2. Business must be operated in Ulaanbaatar 3. No delinquent loans, no overdue credit balance and history in the credit database 4. Debt-to-income ratio is met the requirement |
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Requirement for automobile | 1. Condition: No license plate, a customs certificate, and no damage 2. Rating: Auction rating is 3.5 or higher 3. Odometer: Below 200,000 km 4. Model year: Manufactured in the last 10 years 5. Conventional cars: Toyota Land Cruiser 300, 200, Prado 150, Harrier, Crown, Alphard, Lexus LX570, RX450h, RX350 6. Eco cars: Toyota Aqua, Prius 30, 40, 41, 50, Sai, Harrier, Crown, Alphard, LexusRX450h, RX350 |
3.2%
Loan amount | Up to 300,000,000₮ |
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Loan purpose | To buy an automobile |
Loan duration | Up to 60 months |
Down payment | 20% and more |
Interest rate /monthly/ | 3.2% |
Overdue interest rate | Equal to 20% of the basic interest |
Service fee | 1% |
Repayment | Equal monthly payment |
Requirement for buyer | Individual: 1. Mongolian citizen who is 18 years old or older 2. Affiliated in Ulaanbaatar 3. No delinquent loans, no overdue credit balance and history in the credit database 4. Debt-to-income ratio is met the requirement Company: 1. Has been in continuous operation for the past 12 months 2. Business must be operated in Ulaanbaatar 3. No delinquent loans, no overdue credit balance and history in the credit database 4. Debt-to-income ratio is met the requirement |
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Requirement for automobile | 1. Condition: No registration number, customs certificate, no damage 2. Rating: Auction rating is 3.5 or higher 3. Odometer: Below 200,000 km 4. Model year: Manufactured in the last 10 years 5. Conventional cars: Toyota Land Cruiser 300, 200, Prado 150, Harrier, Crown, Alphard, Lexus LX570, RX450h, RX350 6. Eco cars: Toyota Aqua, Prius 30, 40, 41, 50, Sai, Harrier, Crown, Alphard, LexusRX450h, RX350 |
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