Electrical appliances, furniture, cell phone, sheepskin coat, personal computer
Loan purpose:
For purchase of household products that are utilized over periods of one year or more.
Electrical appliances, furniture, fur coat and computer
| Loan conditions: /Motorcycle/ |
MNT |
| Loan amount |
Up to MNT 5,000,000 |
| Loan interest |
1.9-1.5% (22.8-18% per annum)
|
| Loan term |
Up to 24 months |
| Minimum down payment |
0% if the product price is up to MNT 2 million, 10% if the product price is above MNT 2 million |
Cell phone
| Loan terms |
MNT |
| Loan amount |
Up to MNT 5,000,000 |
| Loan interest |
1.9-1.5% (22.8-18% per annum)
|
| Loan term |
Up to 18 months |
| Minimum down payment |
Minimum down payment: 20% |
Note: the cell phone leasing loan is only available to employees of entities with VISA card and salary loan agreement with UB branches of Khan bank.
Fees and commissions:
Loan application fee: MNT 5,000
Acceptance fee: MNT 1 %
Requirements:
• Permanent resident of the area.
• Choose products form individual or corporate vendors contracted to Khan Bank.
• Invoice from the seller.
• Ability to repay loan and interest expenses from salary or from other income.
Required documentation:
• Personal ID.
• Passport photo 1 copy.
• Proof of residency.
• Product invoice.
• Copy of the Social Insurance passbook or salary confirmation letter; if the customer has a business, documents confirming business activity and business income. |
