Education loan from Aloqabank - arrange a beneficial education loan for your study

Education Loan – at the expense of the Ministry of Economy and Finance

Education loan

Payment of interest on loans allocated for women's education from the Education Loan Financing Fund under the Ministry of Finance.

14%

Interest rate

Up to 162 monthes

Credit term

By contract

Loan amount

About loan

Based on Decree PD-5203 of the President of the Republic of Uzbekistan dated 30 July 2021 “On measures to further expand opportunities for obtaining education in higher education institutions”, the Education Credit Information System was launched. Link to the Education Credit Information System.

For students who are citizens of the Republic of Uzbekistan and are studying in the full-time form of education at the bachelor's and master's levels in higher, secondary specialized, and vocational educational institutions operating in the Republic of Uzbekistan, as well as in joint educational programs

Loan maturity	The loan principal is repaid for 7 years starting from the 7th month after a student's graduation, with account of the study period. Interest on the loan is paid monthly after the loan granting.
Annual interest rate*	For male students:	in the amount of the basic rate of the Central Bank
	For female students:	14% per annum
Loan amount	Depending on the Study Contract amount

If the rate of the Central Bank (the CBR) of Uzbekistan decreases, the interest rate on the loan will reduce proportionately, and if the CBR increases, the loan rate will remain unchanged.

Take out a loan online

You can get online microloan via the Zoomrad mobile application!

Calculate your loan

Interest rate

from 10 %

to 50 %

Loan amount

15 000 000

soum

from 10 million soum

to 100 million soum

Loan term

months

from 1 month

to 162 month

Repayment type:

Annuity Differential

Insurance expenses:

Notary expenses:

Collateral assessment costs:

Other:

Average monthly payment*

... soum

Annual interest rate:

...%

Full cost of the loan:

...%

Information sheet

* The calculation is preliminary. The exact amount of the monthly payment will be determined by the bank based on the results of consideration of the application.

Loan terms

Annual interest rate

14%

Maximum loan amount

By contract

Credit term

Up to 162 monthes

Loan target

Contract payments of full-time students’ tuition fees of tertiary education institutions of the Republic of Uzbekistan.

Submission form

Transfer to the seller's bank account

Principal and interest repayment

Monthly

Repayment method

Differentiated

A taking out method

Mobile app

Grace period

Yes (Study period + 6 months)

Terms and Conditions

Required documents

a) An application;
b) An original passport of the customer (co-borrower, individual guarantor) (the bank officer takes a copy of the original passport or ID card);
c) A study agreement (contract) between a student and a higher education institution drawn up in due order;
d) Collateral documents.

Requirements

Credit support

if the loan amount exceeds 100 (hundred) million sums, liquid property collateral;
if the loan amount does not exceed 50 (hundred) million sums, a third party surety.

For students from families included in the 'Unified Social Protection Register,' no collateral or guarantee is required for the educational loan. In such cases, the loan is secured by an insurance policy against the risk of non-repayment of the loan (the insurance payment is covered by the bank)."

Documents