Categories
leasing

Golomt Bank

Required documents

Basic information

  • Copy of identity card /With adult members of the family/
  • 3×4 size photograph taken in the last 3 months /borrower and co-borrower/
  • Copy of driver’s license
  • Active loan agreement, payment schedule, loan account statement /borrower and co-borrower/
  • Invoice for the car to be purchased
  • Prepaid Receipts/Deposited Account Statements

Proof of income

  • Other bank salary accounts or bank statements proving business income
  • Other income proof materials (salary statements, business contracts, etc.)
  • Other necessary materials

Requirements

  • Must be 18 years old, have full legal capacity, and have a stable income during the loan period
  • If you have salary income, you must have worked as a full-time employee in the organization for the last 12 months
  • If you have a business income, you must have been operating for more than 1 year and have a stable income
  • Get the car you are buying from the contracted supplier of Golomt Bank cooperation

Loan conditions

Term of Loan Up to 30 months for salary income. Up to 96 months for business income
Interest rate 17.40% – 20.40%
Actual cost of loan /year/ 17.82% – 20.83%
Down payment Demand is high – not less than 20%
Medium demand – not less than 30%
If the production year is more than 10 years, the advance payment will be increased by 10 percent
Application Fee 10,000 MNT
Loan fees 0.5% of the loan amount (maximum 1.0 million MNT)
Categories
leasing

Khas Bank

Prepare the following materials and make a loan decision.

  1. Application /Attachment/
  2. Client’s consent /To be completed by each shareholder/
  3. Photocopy of the identity card of the shareholder and CEO
  4. Company Certificate Rules and Prospectus
  5. License
  6. Financial statements 2021 and 2022 year-end and half-year
  7. Account statement from 01.09.2021 to 13.09.2022 with teller stamp, civil company
  8. Employment contract
  9. Loan agreement Loan account statement /Shareholder and company/
  10. A copy of the real estate certificate of the place of operation and the lease agreement

From e-mongolia.mn

  • Description of residence
  • Marriage Reference
  • By real estate reference list
  • Description of Social insurance

Required materials for corporate:

  • Enterprise certificate and rules;
  • A copy of the ID of the CEO;
  • Financial statements for the last 2 years;
  • Authorized person’s consent;
  • Business income determination documents.

Requirements:

  • Must have been in business for 12 months.
  • No active delinquency or bad loan history.
  • Be able to pay the rent in full with your profits.

Materials for personal:

  • Copy of identity card;
  • Income proofs:
  1. Account statement;
  2. Employment contract;
  3. Certificate of own car;
Monthly loan interest 1.2%-1.6%
Down payment 10%-20%
Terms of Loan Up to 8 years
Categories
leasing

Khan Bank

Required

  • Original or notarized copy of identity card / for each borrower and co-borrower/
  • If with wage income: Social Security reference
  • If you have business income: Financial statements, business income and activity identification documents, and other documents
  • Collateral documents /If necessary/
  • Outstanding loan agreement from other banks and NBFCs
  • Invoice for the vehicle to be purchased
  • A copy of the customs declaration of the vehicle to be purchased
Loan conditions: MNT
Loan amount: Does not exceed the price of the car being purchased
Term of loan: If you have salary income – up to 30 months. If you have business income – up to 96 months
Loan interest /annual/: 15.60%
Down payment: Not less than 10% of the value of the vehicle
Loan Application Fee: 0 MNT
Fees for lending services: 0.5% of the loan amount or 500 thousand MNT.