Rain Fintech
Rain Fintech
About
This app offers collateral-free, instant micro-loan services to help with daily financial needs. It calculates your credit score automatically using your national identification number and provides loan amounts from 50,000 to 800,000 MNT with flexible repayment terms.
What's New in Rain Fintech
3.1.11
December 9, 2025
- Өнгө загварийн шинэчлэлт - Илүү найдвартай ажилладаг болсон
FAQ
What is the minimum and maximum loan amount offered by Rain?
Rain offers loan amounts ranging from 50,000 MNT to 800,000 MNT, depending on your credit score and profile.
How is the interest rate calculated for loans from Rain?
The monthly interest rate is between 2% to 3%, resulting in an APR of 24% to 36%. Interest is calculated based on the number of days the loan is used.
What are the available loan repayment periods for Rain?
Loan repayment periods are available in 14, 21, 28, and 60-day options, depending on the loan amount.
Does Rain require any collateral for its loans?
No, Rain provides collateral-free, instant loan services. You only need your national identification number to apply.
How does Rain determine a user's credit score?
Rain's automated system calculates your credit score using your phone number and national identification number. You will need to confirm your phone number with a one-time password.
What is the loan fee for using Rain's services?
There is a 1% loan fee, which is payable when you repay your loan.
Is Rain available on multiple devices?
Yes, Rain is available on iPhone and iPad devices.
How often is Rain updated?
The latest version of Rain is 3.1.11, and it was last updated on December 9, 2025, indicating regular updates.
