| Credit line | In garage 1,000,000MNT - 50,000,000MNT By use 1,000,000MNT - 5,000,000MNT |
|---|---|
| Estimated value | 25% of market price |
| Interest rate | 5％~ |
| Term of limitation | 1-6 months |
| Contract charge | 0.3％ |
| Extension commission | 0.8％ |
・Car self
・Registration of car / original /
・Buy and sell agreement
・Income verification
・Any other document for deliberation
|
Relevant ministries and agencies |
|
|
| Bank Of Mongolia | Financial Regulatory Commision |
|
|
|
Association of non-bank financial institutions |
Ministry of Finance, Mongolia |
|
|
|
Bloomberg |
Mongolian Stock Exchange |
|
|
| General Department of Taxation, Mongolia |
