Consumer loan

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.