“Tijorat” Mortgage Loan
Amount
1 700 mln. uzs
Loan purpose
For the purchase of housing
Credit term
till 240 month
Application for a loan
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Product name |
“Tijorat” morgage loan |
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Purpose |
Purchase housing on the primary/secondary market |
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Client (citizen/non-citizen of the Republic of Uzbekistan) |
On a fixed income |
Self-employed |
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Term |
Up to 240 months |
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Initial payment is not less than |
20% |
26% |
26% |
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Annual interest rate |
26,40% |
25,99% |
26,99% |
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Maximum loan amount |
Up to 1 700 mln UZS |
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Minimum loan amount |
50 mln UZS |
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Grace period |
Without grace period |
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Co-borrower |
Up to 3 co-borrowers with official income |
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Collateral requirement |
125% |
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Obligatory supply |
● In primary and secondary market housing loans, the purchased houses serve as the pledge; ● For houses purchased through e-auctions, the credit risk and property insurance policy will cover the period until the purchased house is pledged |
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Age (min./max.) |
21 years of age (not older than 70 years at the end of the loan term) (customer/co-borrower) |
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Life insurance |
● Clients over 63 years old must provide life insurance coverage from ages 63 to 70; ● At age 63, clients must either present life insurance or bring a co-borrower with stable income |
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Minimum work experience |
Borrower/co-borrower with 6 months income |
Obligatory co-borrower with 6 months income |
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Minimum income requirement |
Monthly income of the borrower and co-borrower should not be less than 1,050,000 UZS (except self-employed) |
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Maximum debt load (Loan to income) |
≤60% |
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Documents to be provided |
The clauses "Passport (ID card)" in the "Documents to be submitted" section of the Retail Credit Product Passports approved by Decisions |
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Source of financing |
Bank's own funds |
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Special conditions |
● Determining the creditworthiness of the client (co-borrower) is determined taking into account the requirements of debt load and credit history; ● Determining the solvency of the client, it is necessary to establish a loan in the form of annuity/differential, repayment schedule of 4-20 days; ● Withdrawal of funds from the borrower's (co-borrowers') credit card in commercial banks on an acceptance-free basis; ● Utilization of the "Oson" mortgage loan, for the portion exceeding the maximum mortgage loan amount set by the government*; ● Re-registration – Mortgage loans of housing purchased from the primary/secondary market provided by the Ipoteka-bank (excluding subsidized loans) is as follows**: ● The amount of the disbursed loan balance should not be less than 20 million UZS and at least 24 months have passed since the loan was disbursed; ● Taking into account the downpayment made by the old debtor; ● Annual interest rate - to clients who has official income - 25,99%, for self-employed – 26,99%, (disbursed loans above 25,99% remain unchanged); ● There should be no accrued but unpaid (overdue and extended) interest on this loan at the time of signing the debtor replacement contract; ● A bank service fee of 500,000 UZS is charged for using the service; ● For the purchase of an apartment in an unfinished apartment building and an individual house under construction by contractors (pledge of other housing during construction, housing purchased on credit within 30 days after completion of housing construction, pledge), mortgaged in the prescribed manner, they will be re-registered under the terms of the "Oson" mortgage loan (except for single-family housing) only if the refinancing program is in existence at the expense of the Ministry of Economic and Finance |
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Attention
| Name | Summ |
|---|---|
Monthly payment (if calculated in annuity) |
38 295 594 UZS |
The minimum monthly income required for obtaining a loan |
54 707 992 UZS |
Application-2
To the regulation on the minimum requirements for the activities of commercial banks in the implementation of relations with consumers of banking services
Information sheet
about main terms of the loan
| The name of commercial bank, Official website, phone numbers |
JSCMB "Ipoteka-bank", www.ipotekabank.uz Phone:(78) 150-11-22, Contact center:1233 |
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1-section. Loan information |
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| 1. Type of the loan | Ипотечный кредит |
| 2. Purpose of the loan | For the purchase of housing |
| 3. Amount of the loan (in national currency) | |
| 4. Term of the loan (in month) | month |
| 5. The interest rate during the term of the loan (nominal amount) and the amount payable on this interest amount | % |
7,490,942,700 uzs |
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| 7. Grace period for the loan (if exist) | not exist |
| 8. Periodic payments (monthly, quarterly and etc.) | Monthly |
| 9. Loan repayment method (annuity method (equal amounts), differential method) | Annuity method |
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10. The amount of a one-time payment during the payment period: Annuity method In differential method |
38,295,595 uzs |
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11. The form of provision of the loan (transfer of money to the account of the supplier of goods/services, in cash, transfer to a bank card, etc.) |
with method of transferring money to the account of the supplier of goods/services |
| 12. Additional expenses related to the loan (if any): | not exist |
| Bank commissions and fees by type (indicate separately) | not exist |
| Third party services (indicate separately) | not exist |
| 13. Total cost of the loan (includes nominal interest rate and loan servicing costs) |
9,190,942,700 uzs |
2-section. Important conditions related to other financial obligations
| 1. In connection with the late repayment of the loan debt, a penalty (fine, penalty) provided in the contract is imposed (if there is such a condition) | for each day of late payment in the amount of 0.1 percent of the late payment amount |
| 2. The amount of the increased interest rate paid on the loan amount due to late repayment of the loan debt (if such condition exists) | Pays interest in an amount 1.5 times higher than the interest specified in the agreement. |
| 3. Collateral of the loan (minimum requirements for the subject of collateral, minimum cost of collateral) |
Read carefully before agreeing to take out a loan!
You have the right to receive complete and detailed information from the bank about the terms and amount of the loan, about the procedure for payment and settlement (interest, fines and penalties), about Your rights and obligations under the loan agreement, about the loan agreement about possible risks and responsibilities, as well as other issues that are unclear to you.
If you have complaints, you can send your appeal to (indicate the phone number) the digital phone number or (indicate the bank's postal address) the address or (indicate the bank's email address) the email address.
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ACCURACY OF THE INFORMATION SHEET AND THE AUTHENTICITY IS CONFIRMED. _______________________________________ (position and full name of the bank's specialist) |
_______________________________ (date of completion) |
