Modular loan «Аylanma-3»

№

Indicators

Basic terms and conditions

Basic terms

Option 1

Option 2

1

Loan period

12 months

18 months

2

Grace period (on principal)

N/a

Up to 3 months

3

Interest rate

25,0%

26,0%

4

Loan amount

Up to UZS 3,0 bln

A) not exceeding 100% of Aloqabank’s cash turnover over the last year

B) not exceeding 50% of Aloqabank and other banks’ cash turnover over the last year

5

Loan purpose

Replenishment of floating capital (for developing business activities)

6

Loan repayment method

Differentiated payment

7

Users of services

Corporate customers, small and medium business entities

(Foreign currency loans are not granted to individual entrepreneurs. The age of the individual entrepreneur shall not exceed 65 years)

8

Loan security

Deposit

Motor vehicles

Immovable property

The value of pledged property shall total at least 125% of the loan granted

A third-party surety may be provided as security enhancement

9

Documents required

Application

Financial statements

Constituent documents (Certificate, Regulations, Deed of Incorporation)

Founders’ consent to raise a loan and to pledge collateral

Other necessary documents

No business plan is required

10

Loan security documents

 For pledge of property:

 - Appraisal report;
 - Vehicle Registration Certificate (Technical passport), a cadastral document for real estate;
 - founders’ consent to pledge collateral (if a legal entity);
 - Property Insurance Policy and Certificate of Insurance.

Other necessary documents

11

Additional conditions

Primary account opened with Aloqabank and the account transactions proceed for at least 6 months (active customer)

Automatic STOP-FAKTOR and ANALIZ-SKORING analyses with Colvir KFO and Colvir CBS programs

No arrears on loans received at Aloqabank and other credit organizations.

Not more than 2 existing loans obtained in Aloqabank (not available to customers with 3 loans).

Note: Other terms and conditions of the loan are fulfilled as well as the loan issue and review procedures are performed in accordance with laws, the Bank’s Credit Policy and lending procedures.