– Mortgage loan in the primary market

– Central office, sales offices, and outlets of JSC “APEX BANK”

– Purchase of an apartment in multi-apartment residential buildings constructed and sold by the developer LLC “ETALON CONSTRUCTION”

– Individuals – residents* of the Republic of Uzbekistan, aged 18 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, or individuals without official income and self-employed persons.

– Up to 2 business days after submitting the complete set of documents

– No grace period

– In non-cash form, by transferring funds from the Bank to the developer's (seller's) settlement account based on the shared construction participation/purchase agreement, after the Borrower pays the initial payment amount for the property from their demand account in the Bank to the Developer;
– The loan is disbursed within 1 (One) business day after the Borrower fulfills all conditions required for the Bank to initiate financing.

– The amount of the initial payment is at least 15% of the contractual value of the acquired real estate object, in accordance with Appendix 1 to the Passport of the Prestige 2 credit product.

– The amount of the initial payment is at least 25% of the contractual value of the acquired real estate object, in accordance with Appendix 1 to the Passport of the Prestige credit product.

– From 3 to 120 months inclusive, in accordance with Appendix 1 to the Passport of the Prestige credit product.

– From 12 months to 36 months inclusive, in accordance with Appendix 1 to the Passport of the Prestige 2 credit product.

– Chosen by the borrower between the 5th and 25th day of each month.

– From 0% to 16% per annum, determined based on variables defined by the terms of the partnership program with the seller (Developer), according to the Appendix to this Credit Product Passport.

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

– In equal monthly installments

– Monthly, starting from the month following the loan disbursement, in accordance with the terms of the signed loan agreement.

– Loan default risk insurance policy for the entire loan term;
– Pledge of immovable property to be delivered in the future (property rights), purchased with loan funds;
– The insurance premium under the loan default risk insurance contract is paid by the Bank, in accordance with the procedure and terms of the concluded insurance contract and the insurance organization’s rules.

– Insurance of the collateral (property insurance) for the entire loan term;
– The insurance premium under the property insurance contract is paid by the Bank, in accordance with the procedure and terms of the concluded insurance contract and the insurance organization’s rules.

– No outstanding debt in the database of the Bureau of Compulsory Enforcement of the Republic of Uzbekistan;
– Not listed in the Bank’s “blacklist”;
– Co-borrower’s employer is not in the Bank’s “legal entities blacklist”;
– The Bank has the right to request additional documents confirming the co-borrower’s creditworthiness.

– 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 debt in the database of the Bureau of Compulsory Enforcement of the Republic of Uzbekistan;
– No unpaid overdue debt on previously received loans at the time of loan issuance, according to credit bureau reports and other supporting documents/sources.

– No outstanding debt in the database of the Bureau of Compulsory Enforcement of the Republic of Uzbekistan;
– Not listed in the “blacklist” of the Bank/banks or other organizations;
– Borrower’s employer is not in 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 burden ratio (DBR) not exceeding 50%, taking into account the new loan.
Exceptions:
– For Borrowers newly registered as self-employed less than 6 months prior to applying to the Bank, the DBR may be disregarded or not calculated, but not for more than 15% of the total number of outstanding loans issued by the Bank to individuals.
– For other Borrowers, a DBR of up to 100% is allowed, but not for more than 15% of the total number of outstanding loans issued by the Bank to individuals.

– The NPL share for the product must not exceed 4% of the credit portfolio for this loan product.

– Identity document of the real estate owner (Passport/ID card);
– Documents confirming ownership rights to the collateral, including the ownership certificate and other documents if necessary;
– For a Collateral Provider who is married: Collateral Provider’s marriage certificate; identity document of the Collateral Provider’s spouse (Passport/ID card); a statement from the spouse consenting to provide the collateral to secure the loan obligations;
– The Bank reserves the right to request additional documents from the Collateral Provider.