Autoloan - "minibus" and "micro-truck"

No.

Indicators

Basic Terms and Conditions

1

Loan Purpose

For purchase on the primary market of M2 category (passenger carriage) and N1 category (goods carriage) vehicles and for the payment of insurance premiums

2

Loan Term, Down Payment and the Loan Interest

Loan Term

Grace Period for the Loan Principal

Down Payment

Interest Rate on the Loan

For Persons with Income Source

Not more than 60 months

Up to 3 months

Minimum 15%

26% per annum

Minimum 25%

25% per annum

For Borrowers without Income Source

Not more than 60 months

Up to 3 months

Minimum 25%

27% per annum

Minimum 35%

26% per annum

Minimum 50%

25% per annum

3

Loan Amount

In an amount not exceeding UZS 300 (three hundred) million, but not more than 75 (seventy-five) percent* of the value of the property pledged as collateral security for the loan*.

The granted loan amount shall not exceed seventy-five (75) percent of the value of the collateral provided as security for the loan. If the borrower fails to pay a down payment large enough to fulfill this requirement, other piece of liquid property shall be additionally pledged as collateral in accordance with the credit policy requirements.

4

Loan Disbursement

Transfer of money under a contract concluded with a manufacturer or an official dealer or a supplier of motor vehicles.

5

Loan Repayment

Annuity or differentiated payment

6

Loan Security

- A motor vehicle to be purchased;

- Non-Payment Insurance Policy prior to pledging the purchased vehicle 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 car is not pledged).

7

*Additional Terms

The borrower needs to register as the self-employed.

The borrower with no source of income shall reach twenty-one (21) years of age as of the loan application date.