| Interest payment | Basic payment | Remaining Principal | Total Payments | |
|---|---|---|---|---|
| Total: | 10 000 000 000.00 | 4 300 000 000.00 | 14 300 000 000.00 |
- Auto loan for individuals for the primary market
- Central office, sales offices, and retail outlets of "APEX BANK" JSC
- Purchase of new "TOYOTA" brand passenger cars supplied by the official dealer: IE LLC "OLTIN TULPOR TRADE"
- Individuals - residents* of the Republic of Uzbekistan, aged 18 to 70 years (including), at the time of loan application submission
- Officially employed and having official income for the period of at least the last 6 months as of the application review date
- To persons registered as self-employed
- Within 1 working day, after submitting the full package of documents
- The amount of the down payment of 25% of the contract value of the car according to Appendix No. 1
- Based on the Borrower's solvency, but not exceeding 75 percent of the contract value of the purchased vehicle
- National currency of the Republic of Uzbekistan – UZS
- At the same time, in a non-cash form, by transferring funds by the Bank to the seller's account based on the car purchase and sale agreement, after the Borrower pays the initial payment amount for the purchased car from the Bank's demand deposit account. The provision of a loan is carried out within 1 (one) business day from the moment the Borrower fulfills all the conditions necessary for the Bank to open 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)
- 0% to 23.5% per annum, depending on the variables determined by the terms of the partnership program
- The base interest rate is set at 40% (Forty) percent per annum.
- Differentiated or Annuity
- Monthly, starting from the month following the month in which the loan was issued in accordance with the terms of the concluded loan agreement.
- Is provided to the borrower for their choice from the 1st to the 15th of each month inclusive
- Insurance of the subject of the pledge (insurance of movable property) against the risks of damage and destruction for the entire loan term at the expense of the Borrower on the terms of the concluded insurance contract and the insurance rules of the insurance organization
- Loan default insurance policy for the entire loan term
- Collateral for movable property purchased through credit funds that will be received in the future (property rights)
- No more than 75%
- Not less than 125% of the loan amount
- At least 130% of the loan amount for bank-related individuals
- Positive credit history, absence of credit history is allowed
- The absence of outstanding overdue debt on previously received loans, as of the date of consideration of the loan application, according to the reports of the credit bureau and other supporting documents/sources
- Those who have no debt based on the Bureau of Compulsory Enforcement of the Republic of Uzbekistan
- Absence of a bank/banks or other organizations in the "blacklist"
- Absence of the Borrower's employer in the bank's blacklist of legal entities
- The ratio of all average monthly payments on all current loans of the Borrower to their average monthly net income (excluding all taxes and other mandatory payments), while the Borrower's debt burden ratio, taking into account the loan received, should not exceed 50%.
Exceptions:
- for Borrowers registered as self-employed for the first time less than 6 months before applying to the Bank, the CDN indicator may not be taken into account and/or calculated, but not more than 15% of the total amount of outstanding loans issued by the bank to individuals
- for the remaining Borrowers, KDN is allowed up to 100%, but not more than 15% of the total amount of outstanding loans issued by the Bank to individuals
Product NPL share not exceeding 4% of the loan portfolio for this credit product
- Identity document (Passport/ ID card/ serviceman ID)
- Car purchase and sale agreement
- Self-employment certificate (through the state tax committee)**
- In the absence of information on the Borrower's income according to external services - it is necessary to provide a certificate of income and/or an extract on the balances and movement of funds in 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 of the motor vehicle (after registration of the vehicle) and other documents if necessary
- For a Mortgagor who is married: the Mortgagor's marriage certificate; the identity document of the Mortgagor's spouse (passport/ID card); the Mortgagor's spouse's application for consent to the provision of the mortgaged property as security for the fulfillment of loan obligations
- The Bank reserves the right to request additional documents from the Lender
- Reimbursement of the Bank's expenses related to the risk of loan default insurance in the amount of 0.7% per annum of the collateral amount for 12 months is paid by the Borrower at a single rate
- For one borrower, no more than one credit agreement may be concluded for a given credit product within one year
