All categories of businesses operating for at least 6 months

Purchase of new passenger vehicles supplied by official dealers.

In non-cash form, by transferring the funds by the Bank to the seller’s (dealer’s) accounts.

UZS (uzbek sum)

Not more than 75% of the contractual value of the vehicle being purchased.

From 25%*
*The final down payment amount is determined by the Bank depending on the loan subject.

Up to 3 years*
*Under partner programs, the term may be extended to up to 5 years.

Not available

From 24% per annum*

The final interest rate is determined based on the Borrower’s financial indicators.

Under partner programs – from 0% to 25%; information on partner programs will be announced.

1.5 times higher than the standard interest rate

Monthly, using the annuity or differentiated repayment method (at the Borrower’s choice)

No negative credit history or outstanding credit debt

Not included in sanctions lists

No outstanding items in Card File No. 2

No outstanding debt according to the data of the Bureau of Compulsory Enforcement under the General Prosecutor’s Office of the Republic of Uzbekistan

At least 125% of the loan amount (130% for persons affiliated with the Bank).

The following may be accepted as loan collateral:

An insurance policy covering the risk of loan non-repayment, in an amount of up to 50% of the loan amount, for the entire term of the loan agreement;

Pledge of property rights to the vehicle purchased using the loan funds, with subsequent execution of a pledge agreement after ownership rights are obtained;

Other types of collateral provided for by the applicable legislation of the Republic of Uzbekistan and the Bank’s internal regulatory documents.

Loan application in the Bank’s prescribed form;

Vehicle sale and purchase agreement

Legal documents

For legal entities – legal documents

Financial statements for the latest completed financial year (for legal entities – balance sheet and statement of financial results; for individual entrepreneurs – tax return);

Statement of cash flows on accounts opened with other banks for the last 12 months, and a statement confirming the presence/absence of outstanding debt under Card File No. 2 (if applicable).

Collateral documents

Other documents required in accordance with the Bank’s internal documents