Autoloan for primary market

Key Terms and Conditions of the “Birlamchi avtokredit” (“Primary Auto Loan”) Product

No.

Indicators

Key Terms and Conditions

1

Loan Purpose

For the purchase of motor vehicles produced/assembled by local manufacturers in the Republic of Uzbekistan on the primary market, or BYD vehicles sold by official distributors/dealers in Uzbekistan, as well as vehicles sold by "Roodell" LLC.

2

Loan Term, Down Payment and Loan Interest

Term 

Grace period for principal repayment

Down payment amount

Loan interest rate

To individuals with a source of income:

For a term not exceeding 60 months

up to 3 months

At least 15%

25,5%

per annum

At least 25%

24,5% 

per annum

At least 40%

24% 

per annum

To self-employed individuals:

For a term not exceeding 60 months

up to 3 months

At least 25%

25% 

per annum

3

Loan Amount

Unlimited, but not exceeding* 75 (seventy five) percent of the collateral accepted as security for loan.

In other words, the granted loan amount shall not exceed 75 (seventy-five) percent of the collateral provided as security.

*Note: In accordance with the Regulation “On Macroprudential Standards Applicable to Banks and Requirements for Maximum Size of Payments on Loans (Microloans) issued by Banks” registered with the Ministry of Justice of the Republic of Uzbekistan on April 22, 2025, No.3618, within the specified limit, the granted loan amount may exceed 75 (seventy-five) percent, but cannot go beyond 90 (ninety) percent of the collateral value. 

4

Loan Disbursement

By means of funds transfer based on an agreement concluded with a motor vehicle manufacturer or official dealers selling them, as well as supplier organizations (including commissioning organizations).

5

Loan Repayment

Annuity or differentiated payments

6

Loan Security

- Purchased motor vehicle;

- Non-Payment Insurance Policy until the purchased vehicle is pledged as collateral.

- Pledge of additional piece of liquid property pursuant to the credit policy requirements.

or

- Pledge of other liquid property (in cases when the purchased vehicle is not pledged).