Unlock Finance 2.1.3

Unlock Finance offers a loan service allowing individuals to access loans ranging from MNT 50,000 to MNT 2,000,000 with the flexibility of repayment according to personal circumstances and preferences.

To apply for a loan, users need to download the Unlock Finance mobile application, register their personal details, and complete the verification process for their phone number. Once registered on the app, users can fill in the necessary information and submit a loan application.

Through the Unlock Finance application, borrowers can conveniently choose their desired loan type, specify the loan amount and term, and easily transfer the approved loan to their designated bank account.

Key loan details include:

• Loan Amount: MNT 50,000 - MNT 2,000,000
• Service Fee: MNT 3,000 - MNT 5,000
• Loan Repayment Periods: 3, 6, 9, 12, or 24 months; customized based on loan amount and product type
• Loan Renewal Option: Allows renewals up to 2 times for any term
• APR (Annual Percentage Rate): Ranges from 0% to 36%

Illustrative example:

• Loan Amount: MNT 500,000
• Service Fee: MNT 3,000
• Loan Repayment Period: 3 months
• APR: 36%
• Monthly Payment: MNT 176,765.18
• Interest Amount: MNT 30,295.54
• Total Payment: MNT 530,295.54

Please note that Unlock Finance assures users that personal information such as name, registration details, photographs, and contact numbers will be utilized solely for loan-related activities such as verification and repayment processes. Kindly be informed that refusal to provide this information may impact your ability to secure a loan.