Loan amount - Up to 50 million UZS

Loan purpose - No purpose

Loan term - without a grace period, up to 12 months

Interest rate:

up to 6 months - 24%,

from 6 to 12 months - 26%

Interest on the loan may be changed by the decision of the Management Board.

Credit currency - UZS

Requirements for borrowers:

An individual who is a resident of the Republic of Uzbekistan, at least 18 years old, working in a budget organization and having official monthly income in the form of wages.

Disbursement method:

cash withdrawal through the cashier's office or transfer to a plastic card in national currency (soum).

Required documents:

Document confirming the borrower's identity (passport, ID card, residence permit, etc.);

Document confirming the guarantor's identity (passport, ID card, residence permit, etc.); 

Collateral documents - if provided.

Loan security:

* For microloans issued in amounts not exceeding 50,000,000 (fifty million) soums - at least 125% of the microloan amount, either a third-party guarantee/insurance policy or a pledge of liquid assets that meet the bank's requirements

* For microloans issued to individuals affiliated with the bank, collateral of 130% is required.

Loan repayment procedure:

Repayment of the microloan principal and accrued interest is carried out using either annuity or differentiated payment methods, as specified in the microloan agreement.

Additional terms:

* A borrower wishing to obtain a microloan must have continuous employment at their current workplace for at least 6 (six) months at the time of loan application;

* 50% of the borrower's average monthly net income should be sufficient to cover the maximum monthly microloan payment and the average monthly payment on existing loans/borrowings.

* The guarantor's income is assessed separately according to the above requirement.