First step into business - "Lux"

Loan amount:

Up to 100 000 000 (one hundred million) UZS

Loan term:

For 36 months

With a grace period of up to 1 month.

Interest rate:

36% per annum

Requirements to the borrower:

A natural person who is a resident of the Republic of Uzbekistan, who has reached 18 years of age, as well as a self-employed natural person.

Required documents:

- Borrower's identity document (passport, ID card, residence permit, etc.);

- Copy of self-employment certificate;

- Independent property valuation report.

Loan security:

* Liquid property worth not less than 125% of the loan amount, meeting the bank's requirements;

* For loans granted to persons related to the bank, a pledge in the amount of 130% of the loan amount is accepted.

Loan repayment procedure:

Repayment of the loan and accrued interest shall be made by annuity payments in the manner and on the terms and conditions specified in the loan agreement.

Additional conditions:

* Borrower's participation in the project should be at least 30 per cent;

* The borrower must have a place of business activity;

* The borrower's average monthly income should be sufficient to cover the maximum monthly loan payment, as well as the average monthly payment on existing loans/borrows.

* Guarantor's income is assessed separately in accordance with the above requirement.