Credits

Mortgage loan

26% per annum

Interest rate

Up to 180 months

Credit term

Up to 3200 BRV for Tashkent, up to 2400 BRV for Republic of Karakalpakstan and regions of Uzbekistan

Loan amount

General terms

Loan target

Purchase of a detached residential house or an apartment in a multi-storey residential building on the primary or secondary housing market under an investment agreement.
Refinancing of previously obtained mortgage loans.

Loan currency

Sum

Loan amount

Up to 3200 BRV for Tashkent, up to 2400 BRV for Republic of Karakalpakstan and regions of Uzbekistan

Initial payment

From 26% (with official income), from 30% (for self-employed individuals)

Interest rate

26% per annum

Credit term

Up to 180 months

Loan processing method

Bank branch

Collateral

- An individual residential house or an apartment in a multi-unit residential building purchased with the loan proceeds shall be accepted as collateral at a value of not less than 125% of the loan amount.
- When a mortgage loan is granted on the basis of an investment agreement for the purchase of an individual residential house or an apartment in a multi-story residential building in the primary market, and before a mortgage agreement on the acquired property is executed, another residential or non-residential property with a value of not less than 125% of the loan amount shall be provided as collateral.
- Collateral for loans granted to persons related to the bank must be valued at not less than 130% of the loan amount.

Grace period

yes (12 months)

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

Residents of Uzbekistan, aged 18-60, officially employed or self-employed

Loan Provision Order

Non-cash

Required Documents

- Investment Agreement or Preliminary Sale and Purchase Agreement;

- Permit issued by the authorized authority for the construction of the building in which the property being purchased is located (when purchasing property in the primary market);
- Collateral/Security Documents;

- Independent real estate appraisal report prepared by an accredited appraisal organization for the property pledged as collateral;

- Cadastral documents and documents confirming ownership of the property being purchased (when purchasing property in the secondary market);

- Identification documents of the Borrower/Co-borrower(s) and the Seller (passport, ID card, etc.);

- Self-employment certificate (for loans granted to self-employed individuals);

- Information on the income of the Borrower/Co-borrower(s);

* The Borrower's creditworthiness may be assessed based on the turnover of funds through their bank card, as well as rental, utility, and other expenses.

Loan Service Fee

None

Additional Conditions

The authority to make a decision on loan approval under these conditions is delegated to the Retail Underwriting Department of the Credit Approval Division.
The applicant's credit history for the last three years, as obtained from credit bureaus, must be positive.
Specifically:
The number of loans with 30+ days past due must not exceed 10;

The number of loans with 60+ days past due must not exceed 5;

90+ days past due is not permitted.
There must be no outstanding debt recorded in the Bureau of Enforcement Proceedings (BEP).
Special Conditions: This mortgage loan may be granted by accepting, as additional collateral, a residential property previously purchased through a mortgage loan and currently pledged as collateral, in accordance with applicable legislation.

Early repayment

Early repayment can be made at any time, either in full or in part