Micro business loan

Micro business loan

This loan is for wholesale and retail traders, individuals and business entities with no requirements of fixed collateral.
Duration
Up to 36 months
Max Limit
Up to MNT 200 million
  • Type Retail traders Wholesale traders
    Amount Up to MNT 50 million Up to MNT 200 million
    Interest rate (yearly) 14.40% – 16.80%
    Annual percentage rate (yearly) 15.11% – 17.52%
    Term Up to 36 months
    Collateral Product materials, movable property
    Service fee 1.00%
  • Retail traders Wholesale traders
    • Maintained sustainable operation for the past 1 year
    • Maintained sustainable operation for the past two year
    • Be the principal landlord or owner of major marketplaces
  • For citizens:

    • Loan application (From the banking sector)
    • A copy of the notarized citizen identification card (applies to a person whom the loan is jointly received).
    • Leasing contract, account statement, inventory balance
    • Other required documents (permission to run operations, licenses etc).

    For entities:

    • Loan application (From the banking sector)
    • State certificate of registration
    • Company rules;
    • Leasing contract, account statement, inventory balance
    • Other required documents (permission to run operations, licenses etc)

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    Your loan calculation

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    Salary amount (45%)


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    Calculate your savings

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