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Automobile purchase loan

loan size

Up to 200 million MNT and more

interest rate

Monthly rate: 1.5% - 2.0%

Annual rate: 18.0% - 24.0%

Loan calculator

The loan is deducted from the salary each month with interest.


Frequently asked question

Click here to see frequently asked questions.

Automobile purchase loan

You can purchase brand new automobiles with 0 speedometer and second-hand automobiles and automobiles used in foreign countries or used in Mongolia through Automobile Purchase Loan from XacBank


  • Loan applications are processed promptly in shortest time;
  • No additional collateral is needed;
  • Get lowest loan rates on Second-hand hybrid or electronic engine automobile purchase loan if automobiles are reducing GHG emissions by at least 20% comparing to regular engine automobiles, used in foreign countries, manufactured since 2008;
  • 100% financing is granted if you could offer real estate collateral for down payment;

Loan terms:

used car with mongolian plate number***
200 million MNT
150 million MNT
100 million MNT
Down payment
Loan term (by month)
Up to 96 monthsUp to 48 months
Up to 60 months
Interest rate

***Land Cruiser 200 models are eligible for all branches and Prius 20 or models afterwards are to be financed by the following XacBank branches: Tsaiz, 10th Microdistrict , Songinohairhan, Enkhtaivanii Guur, Tavan shar branches.


  • Have a stable employment for at least 6 months;
  • Run stable business activities for at least 6 months;
  • Select a automobile from a contracted supplier with XacBank;

Required documents:

  • Loan application form (request from XacBank branch offices or download here);
  • ID card and its copy;
  • 3x4 sized photo;
  • Social Insurance Book, its copy (no need for notary);
  • Salary reference (request from XacBank branch offices or download here);
  • Salary reference for other members of the family (if necessary);
  • Business related documents for business entrepreneurs;
  • Invoice for the automobile to purchase;
  • Other.

Online loan which is able to solve your problems easily.

Amar loan

Car loan

Can I use property collateral as a down payment?

Yes /except cars with vehicle registration plates of Mongolia/

Is loan interest rate lowers if I pay higher down payment?

Yes /except cars with vehicle registration plates of Mongolia/.

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