Loan service
For your short term financial need, we are providing 3-5% interest rate loans secured with apartment, sub-urban house, and vehicle.
apartment secured loan
Loan amount
MNT 30 million
requirements
- The asset being collateralized must not be collateralized elsewhere at other banks or financial institutions
- Must be a resident of Ulaanbaatar
- Must not have an outstanding loan from other banks and financial institutions
- Must have income source to pay loan back
Documents required
- Customer’s application /in NBFI form/
- Loan request /in NBFI form/
- Photo
- Citizen’s ID
- Residential address reference /from State service E-machine/
- Collateral property reference /from State service E-machine/
- Collateral property documents
- Evidence of income to pay loan back
sub-urban house and fence secured loan
Loan amount
MNT 15 million
Requirements
- The asset being collateralized must not be collateralized elsewhere at other banks or financial institutions
- Must be a resident of Ulaanbaatar
- Must not have an outstanding loan from other banks and financial institutions
- Must have income source to pay loan back
Documents required
- Customer’s application /in NBFI form/
- Loan request /in NBFI form/
- Photo
- Citizen’s ID
- Residential address reference /from State service E-machine/
- Collateral property reference /from State service E-machine/
- Collateral property documents
- Evidence of income to pay loan back
vehicle secured loan
Loan amount
MNT 10 Million
Requirements
VEHICLE MUST
- Be manufactured later than 2007
- Be driven for less than 1 year in Mongolia
- Have a vehicle insurance
- Be owned by the loan requester
LOAN REQUESTER MUST
- Be a permanent resident of Ulaanbaatar
- Not have outstanding loan from others
- Have income source to pay loan back
Documents required
- Customer’s application /in NBFI form/
- Loan request /in NBFI form/
- Photo
- Citizen’s ID
- Residential address reference /from state service E-machine/
- Vehicle license
- Vehicle key - 1 piece
- Evidence of income to pay loan back
Service fees for money transfers to Czech Republic, Vietnam, Turkey, France, Germany, Austria,Sweden, Spain, Belgium, the Philippines, England, Armenia, Azerbaijan, Belarus,Kazakhstan, Kyrgyzstan, Georgia, Moldova, Russia, Tajikistan, Turkmenistan,Uzbekistan, Ukraine, Australia, Netherlands and Switzerland are as follows:
Transaction amount | Fee - GBP
| Fee - USD
| Fee - EUR
|
100
| £1.20
| $1.80
| €1.80 - 2.00
|
250
| £2.00
| $4.50
| €4.50 - 5.00
|
500
| £6.00
| $9.00
| €9.00 - 10.00
|
750
| £9.00
| $13.50
| €13.50 - 15.00
|
1000
| £12.00
| $18.00
| €18.00 - 20.00
|
1250
| £15.00
| $22.50
| €22.50 - 25.00
|
1500
| £18.00
| $27.00
| €27.00 - 30.00
|
2000
| £24.00
| $36.00
| €36.00 - 40.00
|
2500
| £30.00
| $45.00
| €45.00 - 50.00
|
3000
| £36.00
| $54.00
| €54.00 - 60.00
|
3500
| £42.00
| $63.00
| €63.00 - 70.00
|
4000
| £48.00
| $72.00
| €72.00 - 80.00
|
5000
| £60.00
| $90.00
| €90.00 - 100.00
|
5000 or more
| 1.2%
| 1.8%
| 1.6% - 2.0%
|
Currency exchange
MoneyPolo conducts operations of selling and buying internationally free-float currencies such as USD, EUR, GBP, RUB in a most rapid manner with current best price in the market. In addition, you may contact our dealers to make transactions in times of exchange fate fluctuations.