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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 sizeloan periodinterest rate /annual/
fee
Up to 20 million MNT
30 months
8%
1% of approved loan amount

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

  • Ultrasonic LLC 
  • Shugam Engineering LLC
  • MonWatt LLC 
  • New AnVersa LLC 
  • Alpha Capital Group LLC 
  • Yol Eco 
  • SG Kore Cable LLC 
  • Minj Zad LLC 
  • Mega Heat Solution LLC 
  • Minjit Harz Solutions LLC 
  • Other 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 Size
Loan Period
Interest Rate /Annual/
Fee
Up to 20 million MNT
30 months
8%
1% of approved loan amount

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 “GERES”, an NGO that provides insulation retrofit advice and energy usage evaluation. Please contact “GERES” at dulaan.shiidel@gmail.com 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.