Credits

Car loan «DAMAS»

from 0% to 16,5% per annum

Interest rate

up to 60 months

Credit term

No more than 74% of the value of the car

Loan amount

General terms

Loan target

Purchase of new UzAuto Damas passenger vehicles

Loan currency

Sum

Loan amount

No more than 74% of the value of the car

Initial payment

From 26% of the value of the car

Interest rate

from 0% to 16,5% per annum

Credit term

up to 60 months

Loan processing method

Bank branch

Form of issue

Non-cash

Collateral

- The purchased vehicle shall be accepted as collateral at a value of no less than 133.3% of the loan amount;
- No additional collateral is required prior to the notarization of the pledge agreement or its independent execution by the bank.

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

A natural person who is a resident of the Republic of Uzbekistan, age from 18 years

Loan Provision Order

Auto loan funds are transferred to the settlement account of UzAuto Motors JSC

Required Documents

Identity document (passport, ID card, residence permit, etc.);
Vehicle sale and purchase agreement;
Certificate of self-employment (if the loan is issued to a self-employed individual);
Spousal consent statement confirming agreement to pledge the vehicle purchased with the loan as collateral. If the applicant is not married, a document confirming the absence of a registered marriage as of the loan application date must be provided.

Loan Service Fee

None

Additional Conditions

The interest rate on the loan depends on the down payment and loan term and ranges from 0% to 16,5% per annum

Early repayment

It may be carried out at any time, in full or in part, depending on the client’s preferences

Loan terms and interest rates

The amount of the initial payment (Regarding the price specified in the vehicle supply contract)	Loan period / Interest rate
	12 month	15 month	18month	24 month	36 month	60 month
From 26%	0,0%	0,5%	4,0%	7,7%	12,5%	16,5%
From 30%	0,0%	0,0%	2,5%	7,0%	11,5%	15,5%
From 35%	0,0%	0,0%	0,0%	5,0%	10,5%	14,5%
From 40%	0,0%	0,0%	0,0%	3,5%	9,0%	13,5%
From 50%	0,0%	0,0%	0,0%	0,0%	5,0%	11,0%