You can qualify for a salary loan if you receive your salary through XacBank.
Advantages:
- Credit decision is promptly resolved and made;
- Additional financing is available during the loan period.
Loan terms:
| Loan size | Loan period | Interest rate* | service fee | |
|---|---|---|---|---|
| Monthly rate | annual rate | |||
| Up to MNT 50 million | 30 months | 1.5% - 1.7% | 18.0% - 20.4% | 1% |
Annual percentage rate: 18.89%-21.25%
Requirements:
- To be employed at an organization that pays the salary through XacBank;
- To have been employed for last 6 months;
- No bad loan history.
Required documents:
- Application form for consumption loan (request the form from XacBank branch office or download here);
- 3х4 sized photo;
- ID card and its copy (no need for notary);
- Social Insurance Book and its copy (no need for notary);
- Salary reference if Social Insurance Book does not reflect your real salary amount (request from XacBank branch office or download here);
- Other.
