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.
Service fee is 1.2-2.0% of transaction amount.
Money receiving or sending transaction can be done in 4 currencies such as US dollar, Euro, Pound and Ruble.
Money transaction can be delivered to receiver in 15 minutes anywhere in the world.
Only citizen’s ID or passport may be used to receive money transfers.
No. Only the receiver can receive the money transfer.
Yes. Contact our service staff on the phone and provide information of transaction.
We are open from 10:00AM to 15:00PM on Saturdays. Closed on Sundays.
No. Service fee is paid only when transferring the money.
It is a secret code for receiving money transfers.
There will be a transfer number printed on the transfer slip when you send money and the sender must give the number to the receiver.
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