Urgent loan

Urgent loan

A real estate collateral loan product that quickly solves unexpected financing needs.
Duration
Up to 24 months
  • Maximum loan amount 200 million
    Interest rate /yearly/ 21.6% -24.00%
    Annual percentage /yearly/ 23.87%-26.82%
    Term Up to 24 months
    Collateral Real state
    Loan origination fee 0.7%-1.0%
    • The primary loan applicant must be a citizen of Mongolia or a entity of Mongolia
    • Collaterals shall meet the bank’s collateral requirements
    • Currently have no overdue or non-performing loan balances
    • Loans taken from banks and NBFIs should have no history of being classified as non-performing

    Eligibility for collateral

    • Residential apartments, private houses or a commercial real estates
    • The real estate located in the area where Golomt Bank’s branches
  • Entity

    • Loan request
    • Business entity’s state registration certificate, Organization’s charter
    • Shareholder approval
    • Citizen identification card of an authorized official
    • Documents for pledged property /Real estate certificate, Certificate of no pledge/
    • Consent of co-owners approved for mortgaging real estate to obtain a loan

    Citizen

    • Loan request
    • Identification card,or a ID card copy
    • Documents for pledged property / Real estate certificate, Certificate of no pledge /
    • Consent of co-owners approved for mortgaging real estate to obtain a loan
    • Bank statement for the last 12 months

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