Me app mongolia is a fintech-based product of "Fiba" LLC, and our organization will sign agreements with Savings and Credit Cooperatives and Non-Banking Financial Institutions. These organizations offer this application to their customers and members and start their online loan service. "Fiba" Ltd., founded in 2009, operates in the field of banking and financial software, its solutions, database management and payment solutions development.
Privacy Policy
The personal information we collect is used to provide and improve our services. We will not use or share your information with anyone except as described in this Privacy Policy. Terms used in this Privacy Policy have the same meaning as in our Terms and Conditions, unless otherwise defined in this Privacy Policy and are available on [Me app].
Savings book loans
Total loan amount: up to 5,000,000 MNT
Monthly interest: 1.3% - 1.5%
APR: 15.6% - 18.0%
Minimum and maximum payment period: 3 - 12 months
An example of a 90-day passbook loan with a principal amount of MNT 100,000
Loan amount: 100,000 MNT
Loan repayment: 3 months
Monthly interest: 1.5% + 1000₮ (service fee)
Equal monthly repayment: MNT 35,166
Total interest: 4500₮
Total amount of payment: 105,500 MNT
Privacy Policy
The personal information we collect is used to provide and improve our services. We will not use or share your information with anyone except as described in this Privacy Policy. Terms used in this Privacy Policy have the same meaning as in our Terms and Conditions, unless otherwise defined in this Privacy Policy and are available on [Me app].
Savings book loans
Total loan amount: up to 5,000,000 MNT
Monthly interest: 1.3% - 1.5%
APR: 15.6% - 18.0%
Minimum and maximum payment period: 3 - 12 months
An example of a 90-day passbook loan with a principal amount of MNT 100,000
Loan amount: 100,000 MNT
Loan repayment: 3 months
Monthly interest: 1.5% + 1000₮ (service fee)
Equal monthly repayment: MNT 35,166
Total interest: 4500₮
Total amount of payment: 105,500 MNT
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