The loan purpose will not be monitored by the bank and the loan will be granted based on the collateral apartment, not income of the creditor. The advantage of the loan is the loan decision will be and may be granted within a day.

Terms and conditions of the loan:

 Loan amount

50 mln MNT 


24 months

Interest rate

Monthly: 2.5%

Annually: 30%


General requirements:

  • Collateral shall be only of public apartments;
  • Collateral shall be of ownership of the creditor.

Required documentation

  • Loan application completed in accordance with the bank's application form;
  • Notarized copy of Personal ID;
  • Ownership Certificate of the collateral, property rights registration inquiry;
  • Accredition or approval from co-owner, owner and third party owner of the collateral.