by
Loan type Automobile Motocycle
Down payment
Loan period 24 month 12 month
Interest rate 2.6%-3.0%
Insurance Payment protection auto insurance Payment protection motobike insurance
Collatral
General requirements and conditions
Citizen
  • An applicant applying for Leasing loan must be conducting business operations for no less than 6 months prior to loan application or active employment contract with the company for over a year.
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must not have any overdue payment obligations
Entity
  • Sustainable business operations to be conducted in Ulaanbaatar atleast one-year period
  • Copy of valid licenses of the compnay
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must not have any overdue payment obligations
Required documents
For citizens:
  • Customer application form /NBFI application form/
  • Loan application /NBFI application form/
  • Valid identification card
  • Appropriate photo of loan applicant
  • Other loan agreements and bank statement
  • Supporting documents for proof of income
  • Purchase invoices, product description and specification, customs declaration information
  • Supporting documents for Proof of household’s income
  • Others, if necessary
For entities:
  • Client application form /NBFI form)/
  • Loan application /NBFI form/
  • Appropriate photo of the CEO
  • Certificate of entity, Valid licenses, company charter
  • Valid identification card of the CEO
  • Document entitling the CEO to request and make loan contract and accrediting the CEO temporary ownership of company assets on behalf of the entity
  • Purchase invoices, product description and specification, customs declaration information
  • A copy of financial statement for the previous year, Sales contract, Performance contract, Account statements, Other loan agreements
  • Others, if necessary