Credits

Car loan (secondary market)

from 26% to 28% per annum

Interest rate

up to 60 months

Credit term

Up to 400 mln soums

Loan amount

The purchase of vehicles on the secondary market that have not been produced for more than 5 years.

Loan agreement for the provision of consumer credit

Size: 291.23 KB

Format: pdf

General terms

Loan target

The purchase of vehicles on the secondary market that have not been produced for more than 5 years

Loan currency

Sum

Loan amount

Up to 400 mln soums

Initial payment

From 15% of the value of the car (for persons with official income), from 20% of the value of the car (for self-employed persons)

Interest rate

from 26% to 28% per annum

Credit term

up to 60 months

Loan processing method

Bank branch

Form of issue

Non-cash

Collateral

The main offer is a purchased Сar on the secondary rialto. The purchased car is accepted as collateral in the amount of no more than 70% of the amount of the vehicle. Additional collateral – an insurance policy of an insurance company against the risk of non-repayment of the loan and interest (for the missing part of the loan collateral)

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

A natural person who is a resident of the Republic of Uzbekistan, age from 18 years. The Bank independently determines the average monthly income of the borrower, and in the absence of this possibility, the borrower may be required to provide supporting documents.

Required Documents

Identification document (passport, identity card, residence permit, etc.);

Car purchase and sale agreement;

Documents ensuring loan repayment;

In cases where the client is married - a statement from the spouse about consent to provide collateral for a car purchased with bank loan funds;
if the client is not married - a document confirming the absence of marriage is provided;

Self-employment certificat (for self-employed persons)

Loan Service Fee

None

Additional Conditions

Interest rate: 26% per annum for loans up to 12 months;
28% per annum for loans up to 60 months.
It is not allowed to issue a car loan for the purchase of vehicles between close relatives (parents, biological and half-brothers, sisters, spouses, children, including adopted children, grandparents, grandchildren, parents of spouses).
Early repayment is allowed at any time, either in full or in part.