“Maqul” mortgage loan

741

Amount
450 mln. uzs

Loan purpose
purchase of housing on the primary/secondary market

Credit term
till 240 month

Application for a loan

PRODUCT NAME	“MAQUL” MORTGAGE LOAN
Purpose	purchase of housing on the primary/secondary market
Client (physical person who is a citizen of the Republic of Uzbekistan)	on a fixed income
Term	from 120 to 240 months
Initial payment is not less than	26%
Annual interest rate	21.99%
Maximum loan amount	up to 450 mln UZS
Minimum loan amount	50 mln UZS
Grace period	without grace period
Co-borrower	up to 3 co-borrowers with official income (a person registered and living with the debtor in the same place more than 3 months)
Collateral requirement	not less than from the value of the housing
Obligatory supply	pledge of the house to be purchased
Age (min./max.)	21 years of age (not older than 70 years at the end of the loan term) (customer/co-borrower)
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
Minimum work experience	borrower/co-borrower with 6 months income
Minimum income requirement	monthly income of the borrower and co-borrower should not be less than 1,050,000 UZS
Maximum debt load	≤50%
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, sales contract, supply and cadastral documents, ESMS checklist (ecology)
Source of financing	from the Uzbekistan Mortgage Refinancing Company funds
Special conditions	Ø determining the creditworthiness of the client (co-borrower) is determined taking into account the requirements of debt load and credit history; Ø determining the solvency of the client, it is necessary to establish a loan in the form of annuity, repayment schedule of 4-20 days; Ø withdrawal of funds from the borrower's (co-borrowers') credit card in commercial banks on an acceptance-free basis; - the average monthly income of the borrower (co-borrower) should not exceed 17 million UZS; - there must not be a mortgage loan in the client's name; Ø collateral insurance (primary) premium is paid by bank for the duration of loan

Attention

Loan type:

Ипотечный кредит

Loan:

“Maqul” mortgage loan

Interest rate

Object amount:

An initial fee:

Amount of loan:

Loan period (in months):

Name	Summ
Monthly payment (if calculated in annuity)	6 717 969 UZS
The minimum monthly income required for obtaining a loan	9 597 098 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

1-section. Loan information
The name of commercial bank, Official website, phone numbers	JSCMB "Ipoteka-bank", www.ipotekabank.uz Phone:(78) 150-11-22, Contact center:1233
1. Type of the loan	Ипотечный кредит
2. Purpose of the loan	purchase of housing on the primary/secondary market
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	%
	1,728,800,799 uzs
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
10. The amount of a one-time payment during the payment period: Annuity method In differential method	9,078,337 uzs
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)	2,178,800,799 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.

ACCURACY OF THE INFORMATION SHEET AND THE AUTHENTICITY IS CONFIRMED. _______________________________________ (position and full name of the bank's specialist)	_______________________________ (date of completion)