Credits

Loans for business

Is intended to finance business entities with the status of a legal entity, carrying out or wishing to carry out entrepreneurial activities

from 26% per annum (in UZS), from 13% per annum (in USD)

Interest rate

up to 36 months

Credit term

up to 1 billion soums

Loan amount

«BANDLIKKA KO'MAK» - is intended to finance business entities with the status of a legal entity, carrying out or wishing to carry out entrepreneurial activities

General terms

Loan target

to expand and develop entrepreneurial activities based on creating new and additional jobs, financing projects that are not prohibited by law (wholesale and retail trade, manufacturing, services, purchasing goods, raw materials, materials, buildings, vehicles, agricultural equipment, machinery, and other related projects)

Loan currency

soum/US dollar

Loan amount

up to 1 billion soums

Initial payment

not required

Interest rate

from 26% per annum (in UZS), from 13% per annum (in USD)

Credit term

up to 36 months

Loan processing method

bank branch

Form of issue

by transferring the loan funds cashlessly to the bank card issued in the name of the Borrower within the 'ASIA ALLIANCE BANK' JSCB

Collateral

in accordance with the requirements set by the bank’s "Procedure for selecting and accepting collateral types for loans and equivalent operations," including legally established types of collateral

Grace period

yes
up to 6 months if no credit line is opened, or up to 9 months if a credit line is opened

Repayment method

differential, annuity

Frequency of payments

monthly

Borrower requirements

citizens of the Republic of Uzbekistan who are 18 years old or older, wish to engage in entrepreneurial activity, are registered as self-employed with the state tax authorities, pay social tax, and do not have official income

Loan Provision Order

1. Passport or another identity document;
2. Certificate of registration as a self-employed person with the state tax authorities;
2. A certificate signed by the Borrower confirming the expected average monthly income;
3. Document (or certificate) confirming payment of social tax;
4. Additionally, depending on the planned entrepreneurial activity, supplementary documents may be required

Loan Service Fee

not required

Early repayment

possibly

Limit increase

possibly

Early limit closure

possibly

Insurance

not required

Notes

26.00% annually in local currency for the creation of 5 or fewer jobs
24.00% annually in local currency for the creation of more than 10 jobs; 13.00% annually in foreign currency for the creation of 5 or fewer jobs
12.00% annually in foreign currency for the creation of more than 10 jobs