Modular loan «Qulay avtokredit»

Basic terms

Option 1

Option 2

Option 3

1

Loan period

Up to 36 months

Up to 48 months

Up to 60 months

2

Grace period (on principal)

Up to 3 months

Up to 3 months

Up to 3 months

3

Interest rate

In domestic currency 25,0%
In foreign currency 13,0%

In domestic currency 26,0%
In foreign currency 13,5%

In domestic currency 27,0%
In foreign currency 14,0%

4

Loan amount

Up to UZS 2,0 bln.

5

Loan purpose

Purchase of motor vehicles and special-purpose machinery

6

Loan repayment method

Differentiated

7

Users of services

Corporate customers and small business entities

8

Loan security

Motor vehicles purchased on credit,
Non-payment Insurance Policy for the entire loan period before pledging the collateral

Special-purpose machinery is not accepted as collateral. Property is pre-pledged as collateral

If the down payment is less than 36.0%, at least an additional piece of vehicle is pre-pledged as collateral

The vehicle operation period shall not exceed 5 years

If the customer pays at least 36.0% of his own funds, no additional property is pledged as collateral

A third-party surety may be provided as additional security

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);
- Insurance Policy and Certificate of Insurance

Insurance Policy and Certificate of Insurance

Other necessary documents

11

Additional conditions
(stop factors)

Primary account, if opened with Aloqabank

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 clients with 3 loans).
The loan “Qulay avtokredit” cannot be taken twice at a time (the loan shall be fully repaid).