Credits

«Online Imkoniyat» Microloan

from 27% to 38% per annum

Interest rate

from 1 to 36 months

Credit term

from 2 mln sum to 100 mln sum

Loan amount

General terms

Loan target

For any purpose (at the borrower's discretion)

Loan currency

Sum

Loan amount

from 2 mln sum to 100 mln sum

Interest rate

from 27% to 38% per annum

Credit term

from 1 to 36 months

Loan processing method

Mobile app

Form of issue

Non-cash

Collateral

No collateral

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

An individual who is a citizen of the Republic of Uzbekistan, has reached the age of 21, has an official income, and is not older than 60 years of age. At the same time, the borrower must have permanent registration in the regions where the regional branches of Asia Alliance Bank are located (Tashkent City, Fergana Region, Samarkand Region, Kashkadarya Region, and Bukhara Region)

Loan Provision Order

By transferring funds to the borrower’s bank card.

Loan Service Fee

None

Additional Conditions

- The borrower must have a stable and officially documented income for the last 6 months;
- 50% of the borrower’s average monthly income must be sufficient to cover the average monthly payments on existing loans/debts, taking into account the highest monthly payment for the requested microloan;
- The debt-to-income ratio must not exceed 8 times;
- An insurance policy issued by an insurance company covering the borrower against accidents in the amount of 125% of the microloan amount is required (all insurance-related expenses are covered by the bank);
- A microloan is not granted to individuals who have overdue debts on loans and/or interest payments;
- Citizens who have outstanding debts under enforcement documents are not eligible for online microloans (Bureau of Enforcement)

Early repayment

May be carried out at any time, in whole or in part, depending on the client's wishes.

Limit increase

None

Early limit closure

None