- Auto loan for individuals for the primary market

- Central Office, sales offices of JSC “APEX BANK”

- Purchase of new passenger vehicles of the “JETOUR” and “SOUEAST” brands supplied by the official dealer: LLC “JETOUR SOUEAST AUTOMOTIVE CENTRAL ASIAN”

- Individuals – residents* of the Republic of Uzbekistan, aged from 18 to 60 years (inclusive) at the time of submitting the loan application
- Officially employed and having an official income for a period of at least the last 6 months as of the application review date
- Persons registered as self-employed

- Within 1 business day after submission of the complete set of documents

- Initial payment amount from 25% of the vehicle’s contract price, according to Appendix 1

- Based on the Borrower’s repayment capacity, but not exceeding 75 percent of the contract price of the purchased vehicle

- National currency of the Republic of Uzbekistan – UZS

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

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

- From 0% to 22% per annum, set depending on variables determined by the terms of the partnership program

- The main interest rate is set at 40% (forty) per annum

- In equal monthly installments

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

- Provided at the Borrower’s choice from the 5th to the 20th day of each month inclusive

- Insurance of the collateral (property insurance) against all types of risks for the entire term of the loan agreement
- The insurance premium under the insurance contract is paid from the Borrower’s funds to the insurance company’s account before the loan is provided, in accordance with the procedure and terms of the concluded insurance contract and the insurance organization’s rules

- The vehicle purchased with loan funds
- When acquiring a vehicle that will be delivered in the future, a loan default risk insurance policy is issued until the title documents for the purchased vehicle are executed and pledged to the Bank, with the Borrower reimbursing the Bank’s expenses related to the loan default risk insurance in an amount calculated at 1% per annum of the collateral amount for 12 months, paid in a lump sum

- No more than 75%

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

- No outstanding debt in the database of the Enforcement Bureau of the Republic of Uzbekistan
- Absence from the “blacklist” of the Bank/banks or other organizations
- Borrower’s employer is not on the Bank’s legal entities blacklist

- The ratio of all average monthly payments on all active loans of the Borrower to their average monthly net income (after deducting all taxes and other mandatory payments), with the Borrower’s debt-to-income ratio not exceeding 50% taking into account the loan being obtained

Exceptions:
- For Borrowers newly registered as self-employed less than 6 months before applying to the Bank, the debt-to-income ratio may not be considered and/or calculated, but not more than 15% of the total number of outstanding loans issued by the Bank to individuals
- For other Borrowers, a debt-to-income ratio of up to 100% is allowed, but not more than 15% of the total number of outstanding loans issued by the Bank to individuals

- NPL ratio for the product not exceeding 4% of the loan portfolio for this credit product

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

- Documents for the property provided as collateral, certificate of state registration (after vehicle registration) and the vehicle, and other documents if necessary
- For a Pledgor who is married: Pledgor’s marriage certificate; identity document of the Pledgor’s spouse (passport/ID card); statement from the Pledgor’s spouse consenting to the provision of the collateral to secure the loan obligations
- The Bank reserves the right to request additional documents from the Pledgor

- No more than one loan agreement