Credits

Car loan «Onix va Tracker»

0% per annum

Interest rate

up to 58 months

Credit term

Up to 75% of the vehicle's cost

Loan amount

General terms

Loan target

For the purchase of new passenger vehicles of the Onix and Tracker brands acquired from UzAuto Motors. The interest rate on the loan depends on the down payment and the loan term and is 0% per annum

Loan currency

Sum

Loan amount

Up to 75% of the vehicle's cost

Initial payment

From 25% of the vehicle's cost

Interest rate

0% per annum

Credit term

up to 58 months

Loan processing method

Bank branch

Form of issue

Non-cash

Collateral

- The loan amount for the purchased motor vehicle is accepted as collateral at a value of at least 133.3 percent. - Additional collateral is not required until the collateral pledge agreement is notarized or independently executed by the bank.

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

Resident of Uzbekistan, aged 18+, income determined by bank, documents may be required

Loan Provision Order

The auto loan funds are transferred to the settlement account of JSC "UzAuto Motors". The loan funds may not be disbursed in tranches

Required Documents

A) Identity document (passport, ID card, residence permit, etc.);
B) Contract for the purchase and sale of a motor vehicle;
B) Self-employment certificate (when allocating loans to self-employed persons);
D) The client's spouse's statement of consent to provide the motor vehicle being purchased through the loan as collateral. In the absence of the spouse, a document confirming the absence of marriage on the day the client submits the loan application.

Loan Service Fee

None

Additional Conditions

- The debt burden indicator of the Borrower/Co-borrower must not exceed 50%;
- Debt-to-income ratio must not exceed 8 times;
- Absence of current debt from the BPI;
- The credit history for the last 3 years obtained from credit bureaus must be positive. At the same time: 30+ allows up to 10;
60+ allows up to 5.
Individuals with a stable official source of income 90+ allows up to 1.
- An increased interest rate on overdue principal debt under car loans with a 0% interest rate shall be set at three times the Central Bank's base rate.

Early repayment

Early repayment may be made at any time, in full or in part

Limit increase

None

Early limit closure

None

Loan terms and interest rates

The amount of the initial payment (Regarding the price specified in the vehicle supply contract)	Loan period / Interest rate
	30 month	36 month	45 month	58 month
25%	0,0%
30%		0,0%
50%			0,0%
60%				0,0%