Autoloan

Autoloan is granted to purchase a car in the primary and secondary market.

Purpose of the laon: is to purchase vehicles in the primary market

Basic car loan requirements:

Amount

Term

Grace period

Annual interest rate

Methods of repayment

Down payment amount

Additional information for Grace period

1

In accordance with agreement of  the vehicle purchase and sale, taking into account the borrower's income

up to 4 years

up to 3 months

25%

Annuity or Differential

10% of the  overall payment for the ca

The amount of the initial fee is paid by the borrower to the account of the seller in the enterprise, that is, it is not stored in the bank as a guarantee of deposit. The loan is allocated to pay the rest of the price of the car.

up to 5 years

up to 3 months

26%

2

up to 4 years

up to 3 months

25%

Annuity or Differential

0% of the overall payment for the ca

The loan is allocated with a pledge of liquid property of no less than 125%  of loan amount.

up to 5 years

up to 3 months

26%

 

 


Purpose of the loan:  to purchase vehicles in the secondary market.

Basic car loan requirements:

Amount

Term

Grace period

Annual interest rate

Methods of repayment

Down payment amount

Additional information for Grace period

1

Not exceeding 300 mln. soums

up to 4 years

up to 3 months

25%

Annuity or Differential

25%

The purchased car must have a production period of no more than 3 years. Also, the mileage of the car is no more. 150,000 km.

2

up to 5 years

up to 3 months

26%

 

Purpose of the loan: For the purchase of cars of the brands "KIA","RENAULT","LADA", and "HYUNDAI" sold in the primary market.  

Basic car loan requirements:

Down payment amount

Maturity/ Annual interest rate

Methods of repayment

Year 1

 Year 2

 Year 3

 Year 4

Year 5

From 10%

15%

20%

21.5%

22.5%

24%

Annuity

From 20%

13.5%

19%

21%

22%

23.5%

From 30%

12%

18%

20.5%

21.5%

23%

From 40%

9%

17%

19.5%

21%

22.5%

From 50% and more

6%

15%

18%

20%

22%

 

Purpose of the loan: For the purchase of cars of the brands "KIA K5 Special", KIA Sportage (Style, Premium, X-Line) 

Basic car loan requirements:

Down payment amount

Maturity/ Annual interest rate

Methods of repayment

Year 1

 Year 2

 Year 3

 Year 4

Year 5

From 10%

11%

18%

21%

22%

23%

Annuity

From 20%

9%

17%

20%

21.5%

22.5%

From 30%

7%

16%

19%

21%

22%

From 40%

4%

14%

18%

20%

21.5%

From 50% and more

0.5%

12%

17%

19%

    21%

Purpose of the loan: For the purchase of cars of the brands  "Hyundai"ning Elantra, Sonata, Creta, Staria, i30, Palisade, Tucson, Tucson NX4, Tucson NX4e 

Basic car loan requirements:

Down payment amount

Maturity/ Annual interest rate

Methods of repayment

Year 1

 Year 2

 Year 3

 Year 4

Year 5

From 10%

8%

16%

19%

20.5%

21%

Annuity

From 20%

6%

15%

18%

20%

20.5%

From 30%

7%

16%

19%

21%

22%

From 40%

0.5%

12%

16%

18.5%

19.5%

From 50% and more

0.1%

10%

15%

17.5%

19%

 

As a loan security can be accepted:

A) In cases where the loan amount does not exceed 40 (forty) million Soums:

  • Third-party guarantee.

B) when the loan amount exceeds 40 (forty) million soums:

  • Purchased vehicle;
  • Insurance policy against the risk of non-repayment of the loan, until the purchased car is mortgaged;
  • Based on the requirements of the credit policy, the guarantee of a third party.

Even in cases when the loan amount does not exceed 40 (forty) million Soums, the bank, in accordance with the agreement between the client, accepts the conditions specified in clause "B"

Documents to be submitted by the car loan recipient:

  • a copy of the passport;
  • a sale contract for vehicles sold domestically through an official dealers network.

Information about the income of the borrower (co-borrowers, a guarantor person who is an individual) is studied by the bank online from external sources.

In cases where there is no possibility to information on the balance of income from external sources, a certificate of income payments is provided by the borrower or (co-borrowers, a guarantor who is an individual).

Documents required from the guarantor if a third party guarantee is provided as the loan security:

from an individual guarantor:

  • a copy of the passport (an original is provided).

from a legal entity guarantor:

  • the balance sheet and appendices of a guarantor company;
  • auditor's opinion;
  • minutes of the meeting of founders agreeing to issue the guarantee;
  • Constituent documents (Certificate, Regulations and Articles of Association).

 

25-07-2022

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