Credits

Car loan «Sultanov Motors»

from 19% to 23% per annum

Interest rate

up to 60 months

Credit term

No more than 75% of the value of the car

Loan amount

General terms

Loan target

For the purchase of motor vehicles supplied by "SULTANOV MOTORS" LLC.

Loan currency

Sum

Loan amount

No more than 75% of the value of the car

Initial payment

At least 25% of the car's value

Interest rate

from 19% to 23% per annum

Credit term

up to 60 months

Loan processing method

Bank branch

Form of issue

By transferring funds to the settlement account of "SULTANOV MOTORS" LLC.

Collateral

- The loan amount for the purchased motor vehicle is accepted as collateral at a value of at least 133.3 percent. - Additional collateral is not required until the collateral pledge agreement is notarized or independently executed by the bank.

Grace period

no (no)

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

A natural person who is a resident of the Republic of Uzbekistan and has reached the age of 23.

Required Documents

A) an identity document (passport, ID card, residence permit, etc.);
B) a contract for the sale of a motor vehicle;
B) Self-employment certificate (when allocating loans to self-employed persons);
D) The client's spouse's statement of consent to provide the motor vehicle being purchased through the loan as collateral. In the absence of the spouse, a document confirming the absence of marriage on the day the client submits the loan application.

Additional Conditions

Interest rate: 19% per annum (for loan terms up to 12 months), 20% per annum (up to 24 months), 21% per annum (up to 36 months), 22% per annum (up to 48 months), 23% per annum (up to 60 months). Early repayment may be carried out at any time, either in full or in part. - The borrower's/co-borrower's debt burden indicator must not exceed 50%. - There must be no current debt to the MIB. - The debt-to-income ratio should not exceed 8 times the amount. - The credit history for the last 3 years obtained from credit bureaus must be positive. At the same time, the following is permitted: 30 + up to 10 cases;
60 + up to 3 cases;
90+ is not allowed.