Loan "Exclusive"
Financing the development of individual business activities
Financing the development of individual business activities
Conditions | Description |
---|---|
Lending entities | Individual entrepreneurs |
Loan description | Financing the development of individual entrepreneurial activity |
Lending requirements | 1. active organization within the last 6 months; 2. absence of overdue debt on file number 2; 3. availability of a main and/or secondary account opened with Garant Bank JSC; |
Purpose of the loan | for business development purposes |
Loan amount | up to 500,000,000.0 (five hundred million) UZS |
Loan period | up to 30 months |
Grace period | N/A |
Interest rate | 33 percent per annum |
Interest on a loan for overdue debt | increases 1.5 times compared to the established interest rate |
Cash in national currency (with cash receipt): | Short-term period: 12601 - debit, 10101 - credit Long-term period: 15001 - debit, 10101 - credit |
Transfer to a corporate plastic card: | 12601/15001 - debit, 23104 - credit 23104 - debit, 22619 - credit |
The amount of the loan reserve | The agreed collateral value of the property accepted for the loan must be not less than 125% of the loan amount. |
Loan reserve | 1. Money (in national and foreign currency); 2. Movable and immovable property; 3. Vehicles whose production period does not exceed 5 (five) years |
Loan interest calculation method | Annuity/differential |
Terms and conditions for the provision of services | Loan repayment is usually carried out on the 5th day of each month by making the principal payment on the loan and the estimated interest payment. |
Financing of the following activities is not provided | Financing of activities that contradict the current legislation and credit policy of the Republic of Uzbekistan is not allowed |