Consumer loan
Loan purpose-payment for the purchase of goods and services produced on the territory of the Republic of Uzbekistan (except for the purchase of a vehicle)
Interest rate: 32% per annum
(The interest rate for employees of budget organisations that have a current account with JSCB Universalbank is 30% per annum)
Loan term: up to 36 months (without grace period)
Loan amount: up to 200 times the minimum wage
Loan purpose: payment for the purchase of goods and services produced in the territory of the Republic of Uzbekistan (except for the purchase of automobiles).
Loan security:
for microloans in the amount of not more than 50 million soums - guarantee of a third party/insurance policy meeting the bank's requirements in the amount of not less than 125% of the microloan amount;
for microloans in the amount over 50 million soums - pledge of property meeting the bank's requirements in the amount of not less than 125% of the microloan amount.
* For microloans granted to persons related to the bank, the security is accepted in the amount of 130% of the microloan amount.
Required documents:
contract concluded with the enterprise- manufacturer or goods/services selling organisation produced in the territory of the Republic of Uzbekistan,
a document certifying the borrower's identity,
certificate of the borrower's salary for the last 1 year,
a document certifying the identity of the guarantor,
certificate of the guarantor's salary for the last 1 year,
security documents, if collateral security is provided.
Additional conditions:
the borrower at the time of applying for the loan must have been continuously employed at the current workplace for at least 6 months,
50% of the borrower's average monthly net income must be sufficient to cover the maximum monthly loan instalment.
