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Eco Consumption Loan

Eco Consumption Loan

Eco Consumption Loan for Heating

Purchase electric and other energy efficient heating appliances from our contracted suppliers through the “Eco Consumption Loan”.

Loan terms

loan size
loan period
interest rate /annual/
service fee
Up to 50 million MNT
30 months
15.6%
1%

Receive 150,000 MNT when you hand in your old stove.

Requirements

  • To have been employed or run a business for the last 6 months;
  • No bad loan history.

Required Documents

  • Consumption loan application (Request from XacBank branch office or download here);
  • 3х4cm sized photo;
  • The applicant and the households members’ ID cards (original and copy); 
  • Purchase invoice;
  • Additional materials required by the bank.

Contracted Suppliers


You may also get an energy efficient heating appliance loan jointly with a housing insulation retrofit loan through the Eco Consumption Loan. For more information, please visit a XacBank branch or call 1800-1888.


Eco Consumption Loan for housing insulation retrofit

Get an insulation retrofit for your housing through the “Eco Consumption Loan”.

Loan Terms

Loan Terms
Insulation Retrofit Provided by the “Dulaan Shiidel” Project
Insulation Retrofit by the Client
Loan size
Up to 50 million MNT
Loan period
Up to 30 months
Interest rate (annual)
15.6%
Service fee
1%
Additional terms
Advantage for clients who receive their salary through XacBank.
To insulate your house by engaging the services of a professional team cooperating with XacBank through the “Dulaan Shiidel” project, please click HERE or dial 7505-2000 for more information.
If you are interested in insulating your house yourself, please click HERE for the insulation manual.

Requirements

  • To have been employed or run a business for the last 6 months;
  • No bad loan history; 
  • Movable and immovable property pledged as collateral.

Required Documents

  • Consumption loan application ( Request from XacBank branch office or download here);
  • 3х4cm sized photo;
  • The applicant and the households members’ ID cards (original and copy);
  • Ownership certificate of collateral assets;
  • Additional materials required by the bank.

Contracted Suppliers

Insulation suppliers include companies contracted with XacBank and “Dulaan Shiidel" project, an NGO that provides insulation retrofit advice and energy usage evaluation. Please contact “Dulaan Shiidel” at www.dulaalga.mn or 7505-2000 for more information.


You may also get a housing insulation retrofit loan jointly with an energy efficient heating appliance loan through the Eco Consumption Loan. For more information, please visit a XacBank branch or call 1800-1888.