LEASE OPTIONS
New car loan
| Loan conditions | New car | |
| Features | Not used | |
| Interest rate | MNT | 18.00% 1.5% per month |
| USD | 16.80% 1.4% per month |
|
| Maximum loan amount | Does not exceed the value of the car | |
| Term of loan | Citizen: up to 30 months Organization: up to 96 months |
|
| Minimum down payment | *20 - 40% | |
| The down payment will be reduced to 0% in case of mortgage of residential or commercial real estate is pledged | ||
| Loan servicing fees | 0.50% of the loan amount (up to MNT 500,000) | |
| Car dealer | Official representative and supplier | |
Electric car loan
| Loan conditions | Electric car | ||
| New | Old | ||
| Features of the loan | Not used | Used for 10 years or less from the date of manufacture (vehicles with or without license plates) | |
| Loan interest MNT | * 16.80% per annum (1.40% per month) | ||
| Maximum loan amount | Does not exceed the value of the car | 100.0 million MNT | |
| Term of loan | Organization | Up to 96 months | Up to 48 months |
| Citizen | Up to 30 months | Up to 30 months | |
| Minimum down payment | 10% (can be reduced to 0% for residential and commercial real estate is pledged) | ||
| Car dealer | Official representative and supplier | Car dealer | |
| Loan servicing fees | 0.50% of the loan amount (up to MNT 500,000) | ||
Green and Eco car loan products
| Indicator | Conditions |
| Loan amount | Up to 100% of the car price |
| Down payment | 0-20% In case of real estate is pledged, advance payment is 0% |
| Interest /monthly/ | 1.2% - Electric car 1.25% - Combined engine /Hybrid/ |
| Interest /annually/ | 14.4% - Electric car 15% - Combined engine /Hybrid/ |
| Time | Up to 30 months for regular and business income Up to 96 months for business income |
| Loan fees | 1% / Max 1.0 million MNT/ |
| Loan repayment | Equal monthly payment |
| Insurance | Comprehensive car insurance coverage /Mandal, Mig, Practical, Nomin, Haan, Munkh/ |
| Loan collateral | Purchased car In case of real estate is pledged, the real estate |
| Requirements | 100% Electric vehicle with a combined engine / Hybrid / Within the last 10 years after manufactured |
SPECIAL offer for car loan products issued jointly with "Monnis Motors" LLC
| Indicator | Conditions |
| Type of car | New car bought from Monnis Motors LLC |
| Loan amount | Up to 80% of car prices |
| Down payment | 20% |
| Interest /monthly/ | 1.4% |
| Interest /annually/ | 16.8% |
| Time | Up to 30 months for salary income and up to 96 months for business income |
| Loan fees | 0.5% / Max 1.0 million MNT/ |
| Loan repayment | Equal monthly payment |
| Insurance | Comprehensive car insurance coverage /Mandal, Mig, Practical, Nomin, Haan, Munkh/ |
| Loan collateral | If 20% or more down payment placed, the car being bought. |
Green Transportation Consumer Loans
| Conditions | A salaried customer | A customer with business income |
| Loan amount | Does not exceed the value of the vehicle being purchased | Does not exceed the value of the vehicle being purchased |
| Loan interest /monthly/ | 1.2% | 1.3-1.4% |
| Loan interest /annual/ | 14.4% | 15.6-16.8% |
| Term of loan | Up to 30 months | Months up to 84 |
| Collateral requirements | If it is more than 100 million MNT, real estate will be pledged | If it is more than 100 million MNT, real estate will be pledged |
New car leasing
| Terms of online vehicle leasing | ||
| Conditions | A salaried customer | A customer with business income |
| Loan amount | up to 50 million | up to 50 million |
| Loan interest /annual/ | 19.2% | 20.4% |
| Term of loan | Up to 24 months | 25-30 months |
| Down payment | 20% | 20% |
| New Car Loans Explore at Branch Unit | ||
| Conditions | A salaried customer | A customer with business income |
| Loan amount | Does not exceed the value of the vehicle being purchased | Does not exceed the value of the vehicle being purchased |
| Loan interest /monthly/ | 1.5% | 1.5% |
| Loan interest /annual/ | 18% | 18% |
| Term of loan | Up to 30 months | Months up to 96 |
| Down payment | 20% | 20% |
Leasing of used cars
/Never used in Mongolia, did not get license plate/
In case of purchase of a used (not used in Mongolia) vehicle, if the loan amount is more than MNT 50.0 million, real estate is additionally pledged.
| Terms of online vehicle leasing | ||
| Conditions | A salaried customer | A customer with business income |
| Loan amount | up to 50 million | up to 50 million |
| Loan interest /annual/ | 19.2% | 20.4% |
| Term of loan | Up to 24 months | 25-30 months |
| Down payment | 20% | 20% |
| New Car Loans Explore at Branch Unit | ||
| Conditions | A salaried customer | A customer with business income |
| Loan amount | Up to 80 million | Up to 80 million |
| Loan interest /annual/ | 21.6% | 22.8% |
| Term of loan | Up to 30 months | Months up to 96 |
| Down payment | 20% | 20% |
Шинэ автомашин
| Loan conditions | ||
| The maximum amount | Does not exceed the price of the car being purchased | |
| Maximum period | Up to 60 months – with business income | |
| Up to 30 months – if you have salary income | ||
| Down payment | 10% | |
| Lending currency | Tugrik | USD |
| Interest rate | 20.40%-24.00% | 12.00%-16.80% |
| Lending fees | Up to 0.50% or maximum 1.5 million MNT | |
| Application Fee | 10,000 | |
Car that wasn't used in Mongolia
| Loan conditions | ||
| The maximum amount | Does not exceed the price of the car being purchased | |
| Maximum period | Up to 60 months – with business income | |
| Up to 30 months – if you have salary income | ||
| Down payment | 10-20% | |
| Lending currency | Tugrik | USD |
| Interest rate | 20.40%-24.00% | 12.00%-16.80% |
| Lending fees | Up to 0.50% or maximum 1.5 million MNT | |
| Application Fee | 10,000 | |
Car that was used in Mongolia
| Loan conditions | ||
| The maximum amount | Does not exceed the price of the car being purchased | |
| Maximum period | Up to 48 months – with business income | |
| Up to 30 months – if you have salary income | ||
| Down payment | 25% | |
| Lending currency | Tugrik | USD |
| Interest rate | 20.40%-24.00% | 12.00%-16.80% |
| Lending fees | Up to 0.50% or maximum 1.5 million MNT | |
| Application Fee | 10,000 | |
Conditions for customers who receive salary by Capitron bank card
| Loan conditions | ||
| The maximum amount | Up to 20,000,000 MNT | |
| Maximum period | Up to 30 months | |
| Down payment | 0% | |
| Lending currency | Tugrik | USD |
| Interest rate | 20.40%-24.00% | 12.00%-16.80% |
| Lending fees | Up to 0.50% or maximum 1.5 million MNT | |
| Application Fee | 10,000 | |
Green car loan
| Loan conditions | ||
| Loan amount | Does not exceed the price of the car being purchased | |
| New car loan term | 96 months /with business income/ 48 months /with salary income/ |
|
| Used car loan term | Up to 48 months /with business income/ 30 months /with salary income/ |
|
| Monthly intrest | Up to 30 months: 1.3% Over 30 months: 1.4% |
|
| Yearly intrest | Up to 30 months: 15.6% Over 30 months: 16.8% |
|
| Loan advances and collateral | 0-20% If real estate is pledged, the down payment is 0% |
|
Car loan
| LOAN TERMS | Nissan Patrol Y62 | Nissan Leaf | Models other than Nissan Patrol Y62 and Leaf | |
| Currency type | Tugrug | Tugrug | Tugrug | |
| Maximum loan amount | Up to 90% of the car price | Up to 80% of the car price | Up to 90% of the car price | |
| Pre payment | >10% | >20% | >10% | |
| Time | Up to 96 months If salary income <30 months |
Up to 48 months If salary income <30 months |
Up to 96 months If salary income <30 months |
|
| Interest | By month | 1.7% | 1.2% | 1.8% |
| By year | 20.4% | 14.4% | 21.60% | |
| Lending Locations | Leasing office | Leasing office | Leasing office | |