If you have an issue to resolve sudden financial needs and difficulties, you can choose deposit-backed loan. This kind of loans can meet your financial needs quickly without any impacts on your savings and interest accumulation.
|CURRENCY||PERIOD||Max LIMIT||MIN LIMIT||DEPOSIT ANNUAL INTEREST RATE +|
|Loan amount||TERM DEPOSIT ANNUAL IR +|
|As Deposit Currency||24 months or until term deposit mature date||Up to 85% of regular term deposit amount||MNT 100,000|
|More than 500 MLN||+4.00%|
You are able to have deposit backed loan via internet banking just in one hour.
condition to Get deposit backed loan through mobile bank
|Loan currency||loan amount||LOAN PERIOD||LOAN INTEREST RATE||loan fee|
|0.1-3 MILLION||3.01-5 MILLION|
|MNT||Up to 5.000.000 MNT|
(Up to 80% of regular term deposit and 70% of prepaid interest deposit amount)
|24 months or until term deposit mature date||+7.20%||+6.40%||0₮|
approval duration of DEPOSIT BACKED LOAN through Mobile bank is 8 seconds.
- To be a owner of Regular term deposit of XacBank;
- To be registered at Mobile bank service, in case to get a deposit backed loan by Mobile bank. (Please call XacBank's call center 1800 1888 to register to Mobile bank service).
- ID card or passport.