The purpose of lending:
Expansion of working capital, purchase and modernization of fixed assets, expansion of production space, lending for repayment of current loans received for business development in other banks/financial organizations and for construction / purchase of commercial real estate.
Amount of loan:
from 10 001 to 500 000 somoni
Term of loan:
from 2 to 36 months
Grace period:
· to 6 months for expansion of working capital
· to 12 months for purchase of fixed assets, construction/purchase of commercial real estate
Annual interest rate:
24%
Loan currency:
Somoni
Fee:
1% from loan amount but not more than 100 somoni
Effective interest rate:
Somoni 24,06% (500 000s, 12,m, 24,%, commission 150s)
Required documents:
Passport
TIN
Photo
Application for lending
Main benefits of loan products:
Possibility of lending to repay current loans in other banks/FOs
Possibility of lending in national currency
Lowest annual interest rate
Financing of large commercial projects
Possibility of long-term funding
Possibility of lending without provision of real estate collateral
Shortest application review period
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