Car loan «SECONDARY»

CAR LOAN «SECONDARY» – consumer credit for the purchase of a motor vehicle in the secondary market (except for electric vehicles).

The maximum loan amount is 350.0 million soums.

The credit is credited to the seller's account number (if the seller is an individual, to a deposit or a plastic card).

Persons interested in obtaining a loan can choose the parameters of their loan based on the following options and the amount of the initial payment, depending on the period of use of the loan:

The Bank provides the opportunity to choose the method by which the monthly payment for the car loan will be calculated. The first one - when the payments are the same every month (annuity), and the second one – when they decrease over time.

The issuance and maintenance of loans for the purchase of road transport is not subject to any additional payments.

The amount of the insurance premium for the insurance of the vehicle collateral will be calculated from 125% of the loan amount.

As collateral for the loan, the Bank accepts:

• collateral of motor vehicles purchased with a loan (the main collateral);
• insurance policy that meet the requirements of the Bank (optional).

To obtain a Loan, the Bank shall be provided with the following documents:

1.      Application for a Loan.

2.      Document confirming income.

3.      Identity document (passport, ID-card, residence permit, etc.)

4.      Contract for the sale of a car.

5.      Report on the assessment of the car by an independent appraisal organization.

* 5% is added to the down payment when issuing a loan to self-employed individuals on the above conditions.

The Bank reserves the right to request additional documents for the most complete analysis of the Borrower's/Co-Borrower's solvency.