| Interest payment | Basic payment | Remaining Principal | Total Payments | |
|---|---|---|---|---|
| Total: | 10 000 000 000.00 | 4 300 000 000.00 | 14 300 000 000.00 |
- Offline credit
- Central office and sales offices of JSC “APEX BANK”
- Individuals – residents* of the Republic of Uzbekistan, aged 21 years and older (inclusive) at the time of submitting the loan application;
- Officially employed and having an official income for at least the last 6 months as of the application review date;
- Persons registered as self-employed.
- Within 1 working day from the date the client submits the complete set of documents
- From 1,000,000 to 100,000,000 UZS inclusive
- National currency of the Republic of Uzbekistan – UZS
- One-time, in non-cash form, by the Bank transferring funds according to the Borrower’s instructions to their demand deposit account (20206) opened with JSC “APEX BANK”
- From 6 to 36 months inclusive
- Depending on the client category, the interest rate ranges from 28% to 35% per annum inclusive
- From 6 to 12 months inclusive – 28%;
- From 13 to 24 months inclusive – 29%;
- From 25 to 36 months inclusive – 30%
- Not provided
- The interest rate on term debt is doubled
- Differential or annuity payment
- Repayment of the principal and accrued interest begins from the month following the conclusion of the loan agreement, with a frequency of at least onc
- Reimbursement of the Bank's expenses related to loan default insurance in the amount of: is determined at a rate of 1% per annum for 12 months, times the loan term;
Reimbursement of the Bank's expenses related to the insurance of movable and/or immovable property is a multiple of the loan term at once, in the manner and under the terms of the concluded insurance contract and the insurance policy of the insurance organization.
The following is accepted as collateral for the loan:
- Loan default risk insurance policy for the amount required for the collateral amount for the entire loan term;
- Mortgage of movable and immovable property;
- Pledge of funds, including deposits.
As collateral for the loan of persons registered as self-employed, the following is accepted:
- Mortgage of movable and immovable property;
- Pledge of funds, including deposits.
- Insurance of the collateral (property insurance) for the entire loan term;
- Insurance of the risk of non-repayment of the loan for the entire loan term.
- At least 125% of the loan amount;
- Not less than 130% of the loan amount - for individuals affiliated with the Bank.
For real estate collateral:
- Residential buildings and apartments, if they are not the sole dwelling of the mortgagor and there are no registered persons in them;
- Other real estate.
For movable property collateral:
- Motor vehicles with a production period of up to 5 years;
- Electric vehicles for a period of up to 5 years.
- 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 debts based on the Bureau of Compulsory Enforcement of the Republic of Uzbekistan;
- Absence of a bank/banks or other organizations in the "blacklist";
- The absence of the Borrower's employer in the blacklist of the Bank's legal entities.
- The ratio of all average monthly payments on all current loans of the Borrower to his 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%
- Identity document (Passport/ ID card/ serviceman ID card);
- Self-employment certificate (through the State Tax Committee);
- Report on the assessment of the market value of the property provided as collateral for the loan;
- 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;
- For a Mortgagor who is married: the Mortgagor's marriage certificate; a document certifying the identity of the Mortgagor's spouse (passport/ID card); the consent of the Mortgagor's spouse to provide the collateral as security for the fulfillment of loan obligations.
- Product NPL share not exceeding 4% of the loan portfolio for this credit product
