Microloan

A small-amount loan service designed for individuals or households facing urgent financial needs. With minimal requirements and fast approval, it is ideal for everyday personal expenses.

Loan Terms

2.8% - 3.0%

Monthly Interest Rate

From 1 million to 20 million MNT

Loan Amount

From 1 to 24 months

Loan Term

Unsecured

Collateral

Up to 1–3 million MNT

Loan Processing Fee

0%

Down Payment

Eligibility Requirements & Required Documents

REQUIRED DOCUMENTS

  • National ID
  • Proof of residence
  • If employed: Social insurance statement and/or bank statement (last 6 months)
  • If self-employed: Bank statement (last 6 months)
  • Collateral ownership certificate (from E-Mongolia)
  • If you have loans: Loan account statement
  • Lease agreement (must be valid and not expired)
  • Photos of the collateral (exterior and interior)

ELIGIBILITY REQUIREMENTS

  • Must be of legal age
  • Must not be downgraded in the Bank of Mongolia’s credit classification

Loan Calculator

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Submit a Loan Application

By filling out this form, you will take the first step toward receiving a loan offer. Our loan officer will review your information and get back to you within 8 business hours.

OTHER LOAN SERVICES

Frequently Asked Questions

Yes, a co-borrower is required for loans exceeding 10 million MNT.

Not necessarily. Salary income can be verified through a bank statement or an official letter from the employer.

Yes, a decision will be made within 8 business hours.

Yes, if your debt-to-income ratio does not exceed 60%, you are eligible to apply for another loan.

Yes, an assessment is conducted to protect clients from financial pressure and risks.

Clients from areas outside of Zuunmod (Tuv Province), Darkhan (Darkhan-Uul Province), Erdenet (Orkhon Province), and Sukhbaatar (Selenge Province) must apply with a co-borrower who has a city address.