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Student Loan
Loan Size One-year tuition fee
Loan period 12 month
Interest Rate
General requirements and conditions
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must not have any overdue payment obligations
  • Loan applicant must have the necessary collateral to fully cover the loan
Required documents
  • Customer application form /NBFI application form/
  • Loan application /NBFI application form/
  • Valid identification card
  • Photo of loan applicant
  • Documents supporting the ownership of collateral
  • Supporting documents for proof of income
Trust backed loan
Loan Size Up to 80% of the remaing trust balance
Loam period Up to the expiration date of term deposit account
Interest Rate
General requirements and conditions
  • Must be a trust deposit holder of Ard Credit
Required documents
  • Consumer application form /NBFI form)/
  • Loan application /NBFI form/
  • Valid identification card
Household Loan
Loan size Up to 30 million
Loan period 12 month
Interest Rate 2.6%-3.0% 2.6%-3.0%
General requirements or conditions
  • Loan applicant must reside in Ulaanbaatar city
  • Loan applicant must not have any overdue payment obligations
  • Loan applicant must have the financial ability to repay the loan
  • Loan applicant must have the necessary collateral to fully cover the loan
Reguired documents
  • Customer application form /NBFI application form/
  • Loan application form /NBFI application form/
  • Appropriate photo of loan applicant
  • Valid identification Card
  • Documents supporting the ownership of collateral
  • Other supporting documents for proof of income
Loan type Salary loan
Loan size An amount up to or equal to 8 times the monthly income of loan applicant
Loan period 12 months
Interest rate
General requirements and conditions
  • Applicant must have an active employment contract with the partnering company
  • Applicant must have the ability to pay back the loan
  • Acceptable credit history
  • Applicant’s social insurance book must be fully authorized
Required documents
  • Client application form /NBFI form/
  • Loan application form /NBFI form/
  • Photo of loan applicant
  • Valid identification card
  • Salary reference approved by the company administration /NBFI form/
  • Social insurance book
  • Bank account statement of the applicant through which the applicant’s income is transferred