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Loan details
Loan Amount(minimum)
500.000₮
Loan Amount(maximum)
20.000.000₮
Monthly Interest Rate(minimum)
1.0%
Monthly Interest Rate(maximum)
4.0%
Term(minimum)
6 months
Term(maximum)
36 months
Issuance of Loans Service Charge
1%
Schedule of Repayment Regulation Order
Equal installments each month
Service Fee
You can increase your loan amount as desired by collateralizing your ardcoin. Additionally, by depositing ardcoin equivalent to 10% of the loan amount, your annual interest rate will be reduced by 1.2%.3.000₮
SHORT-TERM LOAN
Loan Amount(minimum)
50.000₮
Loan Amount(maximum)
3.000.000₮
Monthly Interest Rate(minimum)
4%
Monthly Interest Rate(maximum)
4.5%
Term
7 - 28 days
Issuance of Loans Service Charge
2%
Service Fee
3.000₮
*A reference fee of MNT 3,000 is charged for the credit limit determination process. This fee is allocated toward obtaining the FICO score (international credit scoring), retrieving information from the Credit Information Database (CID), and covering additional system service costs.
You can also reduce your loan interest rate to as low as 1.0% by collateralizing your ardcoin. For every ardcoin deposit equivalent to 10% of the loan amount, the annual interest rate decreases by 0.25%.