Autoloan for secondary market

№

Indicators

Key Terms and Conditions

1

Loan Purpose

For the purchase on the secondary market of passenger motor vehicles manufactured by JSC “UzAuto Motors” with a service life not exceeding 5 (five) years (i.e., manufactured in 2022 and onwards).

2

Loan Term, Down Payment and Loan Interest

Muddati

Grace period

Down payment amount

Loan interest rate

Daromad manbaiga ega bo‘lgan shaxslar uchun:

For a term not exceeding 60 months

Without a grace period

At least 15%

24,5% per annum

At least 25%

23,5%
per annum

At least 40%

23% per annum

For self-employed individuals:

For a term not exceeding 60 months

Without a grace period

At least 25%

23% 

per annum

At least 40%

23,5%
per annum

3

Loan Amount

In an amount not exceeding 300 (three hundred) million UZS, but no more than 75 (seventy-five) percent of the value of the collateral accepted as loan security.*

*note: In accordance with the requirements of the Regulation “On Macroprudential Norms Established for Banks and Requirements for the Maximum Payment Values on Loans (Microloans) Provided by Them”, registered by the Ministry of Justice of the Republic of Uzbekistan on April 22, 2025, under No. 3618, within the established limits, the disbursed loan amount may exceed 75 (seventy-five) percent, but shall not exceed 100 (one hundred) percent of the collateral value.

4

Loan Disbursement

The loan is disbursed via funds transfer to the settlement account of the vehicle seller based on the sale and purchase agreement. If the vehicle seller is an individual, the loan funds are transferred to the seller's (individual's) deposit account or bank card opened with JSC “Aloqabank”.

5

Loan Repayment

Annuity or differentiated payments

6

Loan Security

- Purchased motor vehicle;
- 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).

7

Additional Conditions

The down payment is accumulated in a demand deposit account opened in the borrower’s name with JSC “Aloqabank” and is transferred to the vehicle seller's account. In this regard, if the vehicle seller is an individual, the down payment is transferred to their deposit account or bank card opened with JSC “Aloqabank”