Consumer Loan

Loans are provided to customers for the purchase of goods (works, services) produced in the Republic of Uzbekistan to meet their consumer needs, including:

  • Purchase of consumer goods (household goods, household appliances, furniture and interior items, etc.);
  • Payment for the purchase of building materials and/or renovation services for residential buildings related to renovation of houses;
  • Other consumption goals.

Loans are issued in the national currency of the Republic of Uzbekistan for a period of up to three (3) years.

The maximum loan amount allocated by the Bank for the consumer loan is determined in the amount not exceeding 300 (three hundred) of the reference calculation value established in the Republic of Uzbekistan on the day of loan formalization.

List of the documents for loan formalization:

  • Original passport of applicant and co-borrower;
  • Preliminary goods purchase and sale contract;
  • Collateral (depending on the loan amount this may be a vehicle, real estate or a guarantee of third parties). 

Loan Interest Rates:

1-12 months - 23.5%;

13-24 months - 24.5%;

25-36 months - 25.5%

 

Conditions of consumer loan product “Comfortable home” 
1. Basic parameters and conditions of crediting
1.1.  Consumer properties Term loan
1.2.  Name of loan product  «Comfortable home»
1.3.  Purpose of loan product  Consumer loan is provided to an individual (consumer) to pay for works and services of repairing the residential and non-residential premises.
1.4.  Currency of loan UZS
1.5.  Term of loan  Till 36 months
1.6. Percentage rate

1-12 months-23.5 % annually;

13-24 months-24.5 % annually;

25-36 months-25.5 % annually.

1.7. Terms of reviewing the loan application filled by the Borrower and making a decision on this application Within five working days after receiving the loan application. 
1.8. Minumum amount of loan  10.000.000,00 UZS
1.9. Maximum amount of loan 150.000.000,00 UZS
1.10. Type of guarantee (pledge) Pledge of movable or immovable property, guarantee of individuals / legal entities.
1.11. Requirements to Borrower  

Citizenship of the Republic of Uzbekistan;

Age from 21 to 60 years old at the time of loan repayment;

Absence of negative credit history.

Absence of overdue loan debt at the time of loan issuance.

1.12. Requirements to Co-borrower 

Co-borrowers can be: father, mother, children, siblings, spouse of the Borrower (with the provision of supporting documents);

Citizenship of the Republic of Uzbekistan;

Age from 21 to 60 years old at the time of loan repayment;

Absence of negative credit history.

Absence of overdue loan debt at the time of loan issuance.

1.13. Loan providing form  Non-cash, by transferring funds to the account of the service provider.
1.14. Validity term of the decision to issue a loan 30 (Thirty) days.

10/7/2021