The Salary Loan is for short term financial need of employees whom organisations made an agreement with UB city bank.
Loan conditions:
| Amount |
Interest rate /monthly/ |
Term |
Collateral |
| 24 times the net salary or maximum of 20 million MNT |
1.40%-1.90% |
Up to 30 months |
Salary obtaining through the bank plus organisations certificate |
*Effective percentage rate/monthly/: 1.96%-1.46%
Loan discounts and offers:
If the customer paid the loan within the term agreed, interest rate decreases by 0.2% with the following loan.
Required Documents:
- Application form for Salary Loan
- An organization’s certification of salary provided by bank
- Citizen ID and employment ID
- Copy of social insurance book
- Proof of residential address
- Passport sized photo 1 соpy
- Please download the salary statement and application form.
Requirement:
- Permanent employee of the company that made an agreement with the UB city bank
- Receiving salary through UB city banks salary card
- At least 12 months of consistent work history at the respective company
- No bad debts to ther banks and financial institutions
- Must be able to pay the loan by his/her salary within the terms stated
For more Information:
Telephone: 1800-1800
Customer Information center
UB City bank
