Car loan for individuals for the primary market

Central office, sales offices of JSC “APEX BANK”

Purchase of new passenger vehicles of the “GEELY” brand, sold by IE LLC “GEELY AUTO WZ” and the partner’s dealers

Individuals – residents* of the Republic of Uzbekistan, aged 18 to 70 (inclusive), at the time of submitting the loan application
Officially employed and having official income for at least the last 6 months as of the application review date
For individuals registered as self-employed

Within 1 business day after submitting the complete set of documents

The initial down payment from 25% of the car’s contract price, according to Appendix 1

Based on the Borrower’s creditworthiness, but not exceeding 75 percent of the contract price of the purchased car

The national currency of the Republic of Uzbekistan – UZS

Lump-sum in a non-cash form, by transferring funds by the Bank to the seller’s account based on the car purchase agreement, after the Borrower has paid the initial down payment for the purchased car from a demand account at the Bank. The loan is provided within 1 (one) business day from the moment the Borrower fulfills all conditions necessary for the Bank to provide financing. At the same time, the initial down payment may be made through the cash desks of other banks, with mandatory submission to the Bank of a receipt confirming the successful completion of the payment

Up to 60 (Sixty) months (according to Appendix 1)

From 0% to 24% per annum, set depending on variables determined by the terms of the partner program

The main interest rate is set at 40% (Forty) percent per annum

Differentiated or Annuity

Monthly, starting from the month following the month of loan issuance, in accordance with the terms of the concluded loan agreement

Provided at the Borrower’s choice from the 1st to the 15th of each month inclusive

Insurance of the collateral (movable property insurance) against the risks of damage and loss for the entire loan term at the Borrower’s expense, under the terms of the concluded insurance agreement and the insurance organization’s rules

Credit default risk insurance policy for the entire loan term
Collateral of movable property purchased with loan funds, which will be acquired in the future (property rights)

No more than 75%

At least 125% of the loan amount
At least 130% of the loan amount for persons related to the Bank

Positive credit history, absence of credit history is allowed
No outstanding overdue debt on previously obtained loans, as of the date of consideration of the loan application, according to credit bureau reports and other supporting documents/sources

No debt in the database of the Enforcement Bureau of the Republic of Uzbekistan
Not listed in the “blacklist” of the Bank/banks or other organizations
The Borrower’s employer is not in the Bank’s legal entities blacklist

Debt burden ratio – The ratio of all the Borrower’s average monthly payments on all active loans to their average monthly net income (after deducting all taxes and other mandatory payments), with the Borrower’s debt burden ratio not exceeding 50% taking into account the loan being received
Exceptions:
For Borrowers newly registered as self-employed less than 6 months prior to applying to the Bank, the debt burden ratio may not be considered and/or calculated, but not exceeding 15% of the total number of outstanding loans issued by the Bank to individuals
For other Borrowers, a debt burden ratio of up to 100% is allowed, but not exceeding 15% of the total number of outstanding loans issued by the Bank to individuals

Debt-to-income ratio indicator – The ratio of the total principal debt (limit) of the Borrower’s consumer loans and/or microloans to their average monthly income, with effect from 01.03.2026:
1. When using income confirmed by the relevant documents and information, the Borrower’s debt-to-income ratio should not exceed:
8 times, if the average monthly income can be determined
5 times, if the average monthly income cannot be determined, except for self-employed Borrowers
2. For self-employed Borrowers, the debt-to-income ratio should not exceed 8 times
For loans provided to Borrowers newly registered as self-employed less than 6 months before applying to the Bank, for the purpose of conducting income-generating activities, the debt-to-income ratio may not be considered and/or calculated, but not exceeding 15% of the total number of outstanding loans issued by the Bank to individuals

The NPL share for the product should not exceed 4% of the loan portfolio for this credit product

Identity document (Passport/ ID card/ military personnel ID)
Vehicle purchase agreement
Self-employment certificate (through the State Tax Committee)
If there is no information about the Borrower’s income according to external services – it is necessary to provide an income certificate and/or a statement of balances and movements of funds on the bank account for the last at least 6 (six) months
If necessary, the Bank reserves the right to request additional documents from the Borrower

Documents related to the collateral property, certificate of state registration (after vehicle registration), and other documents if necessary
For a Pledger who is married: Pledger’s marriage certificate; identity document of the Pledger’s spouse (passport/ID card); statement from the Pledger’s spouse consenting to provide the collateral for securing the Borrower’s credit obligations
The Bank reserves the right to request additional documents from the Pledger

Repayment of the Bank's expenses related to the insurance of the loan default risk in the amount of is paid by the Borrower at a single rate

For one borrower, no more than one loan agreement may be concluded within one year for this loan product