Car loan (primary market)

Auto loan

Purchase of passenger cars on the primary market.

From 24%

Interest rate

Up to 5 years

Credit term

By contract

Loan amount

About loan

The bank grants the loan for customers to purchase passenger motor vehicles on the primary market, as well as for the payment of insurance premiums.

№	Loan amount	Loan period	Grace period	Annual interest rate	Repayment	Down payment amount (minimum)	Further information
1	As stated in a vehicle sale agreement with account of the borrower's income	Up to 1 years	without grace period	24%	Annuity or Differentiated	40 percent of a vehicle amount	A borrower makes the down payment to the account of a selling entity, i.e. the bank does not hold a bank deposit as collateral. The loan is to pay off the remainder of the motor vehicle value
1		Up to 5 years	Up to 6 months	26%	Annuity or Differentiated	10 percent of a vehicle amount

*To persons working in the Ministry of Preschool and School Education and the Ministry of Higher Education, Science and Innovation and being in on the bank’s payroll project for at least the last 3 months, the loan is granted at 23% p.a. for up to 4 years, and at 24% p.a. for up to 5 years.

A down payment for an electric vehicle to be purchased shall not be less than 20 (twenty) percent of the vehicle value (except for BYD vehicles).
*If the customer makes the 30% down payment or larger, an official source of income is not required.

*Lending operations are temporarily suspended*

Take out a loan online

You can get online microloan via the Zoomrad mobile application!

Calculate your loan

Interest rate

from 10 %

to 50 %

Minimum initial deposit

from 10 %

to 90 %

Loan amount

150 000 000

soum

from 500 thousand soum

to 300 million soum

Loan term

months

from 1 month

to 60 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:

...%

Issue a 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

From 24%

Maximum loan amount

By contract

Credit term

Up to 5 years

Loan target

Purchase of passenger cars on the primary market

Submission form

Transfer to the seller's bank account

Principal and interest repayment

Monthly

Repayment method

Differentiated, Annuity

A taking out method

Bank branch

Grace period

Yes (Up to 3 months)

Terms and Conditions

Required documents

An original identity document (a civil passport or ID card) of a customer. In this case, the bank officer takes a copy of the original identity document.

A motor vehicle sale agreement.

The documents required if the loan is secured by a third party surety:

If guarantor is an individual:

an original identity document (a civil passport or ID card) of the guarantor. In this case, the bank officer takes a copy of the original identity document.

If guarantor is a legal entity:

the balance sheet and appendices of a guarantor-company;

an auditor's report;

the minutes of the founders’ meeting on consent to grant the surety;

the constituent documents (Certificate, Articles of Incorporation, Deed of Incorporation).

Requirements

To a borrower: A citizen of the Republic of Uzbekistan or a stateless person who is 18 years of age or older, but younger than 65, permanently resides in Uzbekistan and has permanent income.

The borrower (co-borrower, individual guarantor) income data the bank looks up online from external sources.

When the bank cannot find the borrower (co-borrower, individual guarantor) income data online from external sources, the Borrower shall provide a statement of income.

Credit support

A) When the loan does not exceed UZS 50 (fifty) million:

a third party surety.

B) When the loan exceeds UZS 50 (fifty) million:

a motor vehicle to be purchased;

insurance (a Certificate of Insurance) against the risk of loan non-repayment until the purchased vehicle is pledged;

an additional third party surety as stipulated by a Credit Policy requirements.

Even if the loan does not exceed UZS 50 (fifty) million, the loan securities specified in the paragraph «B» may be taken by agreement between the bank and the borrower.

Documents