| Provision of working capital financing to support the cashmere processing industry | |||
| Loan amount | The aggregate loan exposure to a borrower and its related parties shall be determined in line with the bank’s internal regulations | ||
| Interest rate /yearly/ | Total interest rate: 17.0% | ||
| Borrower’s share: 7.0% (6.0% for green loans) | |||
| Government subsidy: 10.0% (10.0% for green loans) | |||
| Loan disbursement currency | MNT | ||
| Loan term | Up to 24 months | ||
| Collateral | Must provide collateral according to the bank’s requirements | ||
| Commission fee | 0.50% (applicable to loans with a maturity of up to 12 months) | ||
| 1.00% (applicable to loans with a maturity of 12 months or more) | |||
| Payment for amending the loan agreement | 0.30% (Will be deducted once from the loan balance) | ||
| Application fee | 10,000 MNT | ||
| Insurance | Insurance will depend on the type of collateral | ||
| Grace period | Up to 6 months | ||
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