Car loan

Product name

Attractive car loan

Client

Corporate clients

Source of funding

Bank's own funds and borrowed funds

Purpose of the loan

Purchase of a passenger car for personal use on the primary and secondary markets.

Currency

National/foreign currency

Client's own participation

Not less than 30% , while:

- For the primary market - there must be at least 20% of the client's participation in real money/transfers. When allocating loans for an amount not exceeding 1.0 billion sum, the remaining client's participation is indicated in the application or questionnaire for the loan, in other cases - in the business plan.

- For the secondary market - there must be at least 30% client participation in real money/transfers.

Maximum loan amount

(1) For the primary market – up to 80% of the purchase price of the financed vehicle. At least 20% must be the client’s actual cash contribution/transfer;

(2) For the secondary market – up to 70% of the purchase price of the financed vehicle.

Interest rate

Determined individually in accordance with the bank’s internal rules.

Credit term

Up to 36 months ( exceptions may apply ).

Revolving

No

Grace period for the loan

Up to 6 months.

Availability period

Up to two months

Security

According to the bank's internal regulations.

Commission payments

Individually, on an individual basis, in accordance with credit line agreements and internal regulations

Loan repayment

Interest: Monthly;

Principal: Repay in equal installments each month, after a grace period.

If the customer's operating cycle is seasonal, another payment method may be used.

 Translated from English to Uzbek - www.onlinedoctranslator.com