Car Secured LoanKeep your asset, meet your needsAccess the funds you need while keeping ownership of your vehicle. Our car-secured loan allows you to use your registered car as collateral to cover everyday expenses, household needs, or unexpected financial situations—flexibly and reliably
Loan Amount
60% or more of the collateral value as determined by appraisal
Monthly Interest Rate
2.9%
Term
Up to 24 months
Required Collateral
Vehicle
Income Type
Credit Information Database, Social Security Contribution, Debt to Income Ratio
Requirements- To apply, you must be a Mongolian citizen over the age of 18- Have stable employment or business for at least 6 months- There is no history of current or closed poor loans- As a user of the Ard App- Be exempt from car taxes, fees, and fines
