We issue 3 types of loans such as apartment, vehicle, sub-urban house and fence secured loans. Monthly interest is 3-5% and loan term is 12 months.

As for apartment and sub-urban house and fence secured loans, we issue loans for up to 70 percent of the market value and up to 30 percent of the market value of collateral vehicle for vehicle secured loans.

Secured vehicle can be driven during the loan term and driver’s liability insurance and vehicle insurance must be obtained.

If all the required documents are provided and there is no violation of any kind, the loan can be issued on the same day.

According to “Mongol Bank” procedures, no loan can be paid by other loan therefore loans cannot be released.

Yes, it is possible. However your income amount must be enough to pay all loans back.

If a real estate certificate of land is issued, a loan can be issued. Land ownership certificate cannot be secured.

If the loan has been paid back in accordance with schedule stated in loan agreement and the state of collateral property remains good, then loan term can be extended.

There is no fee and you can pay your loan back prior to the end of term.