Credits

Car loan «KIA&CHERY»

Consumer loan to individuals for the purchase of KIA and CHERY cars produced in the Republic of Uzbekistan and sold through the network of authorized Dealers in the domestic market.

from 22%

Interest rate

up to 60 months

Credit term

No more than 75% of the value of the car

Loan amount

CAR LOAN «KIA&CHERY» - Consumer loan to individuals for the purchase of KIA and CHERY cars produced in the Republic of Uzbekistan and sold through the network of authorized Dealers in the domestic market.

The loan is granted in the amount of not more than 75% of the cost of the Car, provided that the Borrower makes a down payment of not less than 25% of the Car cost.

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

The amount of the initial payment	Loan period	Interest rate
from 25% to 30%	up to 36 month	22.0 % annually
	up to 48 month	23.0 % annually
	up to 60 month	24.5 % annually

The amount of the initial payment	Loan period	Interest rate
from 30% tо 35%	up to 48 month	22.5 % annually
from 30% tо 35%	up to 60 month	24.0 % annually

The amount of the initial payment	Loan period	Interest rate
from 35% tо 40%	up to 48 month	22.0 % annually
from 35% tо 40%	up to 60 month	23.5 % annually

The amount of the initial payment	Loan period	Interest rate
from 40% tо 50%	up to 60 month	23.0 % annually

The amount of the initial payment	Loan period	Interest rate
from 50%	up to 60 month	22.0 % annually

When issuing a loan to self-employed persons, the down payment must be above 30%.

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 client's expenses related to the loan include only the costs of insurance for vehicles purchased at the loan expense. 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. At the same time, customers have the opportunity to include the amount of insurance premium in the loan amount.

As collateral for the loan, the Bank accepts: