Credits

Consumer credit «Alternative energy»

Consumer loan to individuals for the purchase and installation of renewable energy sources.

20% per annum

Interest rate

Up to 36 months

Credit term

up to 220 base rates

Loan amount

Consumer credit “Alternative energy” - Consumer loan to individuals for the purchase and installation of renewable energy sources.

The maximum loan amount is 220 times the amount of the base estimated value.

Credit term	Grace period	Interest rate
36 months
	Up to 6 months	20%

The Bank provides the opportunity to choose the method by which the monthly payment for the 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 (differentiated).

As collateral for the loan, the Bank accepts:

Third party guarantee;
Insurance policy;
Other liquid collateral.

To obtain a Loan, the Bank shall be provided with the following documents:

Application for the Loan.
Identity document (passport, ID-card, residence permit, etc.)
Certificate of employment or other document confirming the amount of income for the last 12 months.
Purchase contract and service.
Documents to secure the loan.

The Bank reserves the right to request additional documents for the most complete analysis of the Borrower's/Co-Borrower's solvency.

General terms

Loan target

Purchase and installation of renewable energy sources

Loan currency

Sum

Loan amount

up to 220 base rates

Interest rate

20% per annum

Credit term

Up to 36 months

Loan processing method

Bank branch

Form of issue

Non-cash

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

Loans are granted to individuals aged 18 and older, with permanent official income, who are residents of the Republic of Uzbekistan.

Loan Provision Order

Non-cash

Required Documents

Loan application;
Identity document;
Income verification document (bank obtains electronically);
Sales or service agreement;
Loan collateral documents.

Loan Service Fee

None

Additional Conditions

Early repayment can be made at any time, either fully or partially.