Credits

Microcredit «Biznes+»

from 26% to 28% per annum

Interest rate

up to 60 months

Credit term

up to 300 mln sum

Loan amount

General terms

Loan target

For the acquisition of vehicles for the purpose of developing the activities of a self-employed individual. (no more than 80% of the cost of the vehicle being acquired)

Loan currency

Sum

Loan amount

up to 300 mln sum

Interest rate

from 26% to 28% per annum

Credit term

up to 60 months

Loan processing method

Bank branch

Collateral

The microloan issued is secured by collateral amounting to at least 125% of the microloan amount

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

An individual who is a citizen of the Republic of Uzbekistan, registered as a self-employed person, and who has reached the age of 18

Loan Provision Order

By transferring funds to the borrower’s sum plastic card opened with JSCB “Asia Alliance Bank,” or by transferring the funds to the seller’s account

Required Documents

Identity document (passport, ID card, residence permit, etc.);
Certificate of self-employment;
Documents ensuring loan repayment;
To determine the value of the collateral, a report from an independent valuation organization on the appraisal of the pledged property or consulting company software that determines market value in real time may be used;
Preliminary monitoring report of the pledged property with photographs, prepared by the Bank’s credit manager (responsible employees);
Co-borrower/Guarantor details (if required)

Loan Service Fee

None

Additional Conditions

Interest rate: 26% per annum (for loan terms up to 12 months), 28% per annum (up to 60 months)

Early repayment

It may be carried out at any time, in full or in part, depending on the client’s preferences

Insurance

Insurance policy issued by an insurance company: for the duration of the loan agreement, a collateral insurance policy is required