PayOn.v2

About PayOn.v2

A loan app where you complete certain information and meet certain criteria. Once you sign a contract, you will be eligible for a loan of 50,000 MNT - 5,000,000 MNT
Loan terms are displayed below, and can be find in the app when the user enters "Зээл баталгаажуулах"" screen.

a way to get a loan in this app:
1. Register:
Download the PayOn.mn application, register your user information and confirm your phone number.
2. Defining credit rights:
Based on the information you generate, we will determine the amount of loan and loan terms that can be analyzed.
3. Concluding a loan agreement:
If a loan decision is made, you will come in person once and sign a paper agreement. Come to the contract office and sign a contract.
4. Get a loan:
You can use the PayOn.mn application to select the type of loan and click on the loan button to adjust the loan amount and term, and transfer the loan to your bank account.


Loan terms and fees:
• Loan amount: 50,000 MNT - 5,000,000 MNT
• Loan repayment: 3 month - 24 months
• Monthly interest rate: 2.41%
• Annual interest rate: 29%
• Service fee: 0 ₮


Sample Loan :
• Loan Amount: 300,000 MNT
• Service fee: 0 ₮
• Loan repayment period: 3 months
• APR: 29.0%
• Monthly payment: 105,041.15 MNT
• Interest: 14,909.44 MNT
• Total payment: 314,909.44 MNT