| Product category | Auto loan |
| Product type | Loan |
| Agro / non-agro | Non-agro |
| Business line (segment) | Micro and Small Enterprises |
| Client | Legal entities and individual entrepreneurs |
| Targeted clientele | Existing and potential clients of the bank (micro and small enterprises and private entrepreneurs) |
| Start-up | No |
| Current account history at the bank | 1) Existing-to-bank clients (ETBc) 2) New-to-bank clients (NTBc) |
| Purpose of the loan | To purchase passenger vehicles from the primary or secondary market for own use, and electric vehicles from the primary market |
| Max. amount of the loan | 1) For legal entities – up to 1,250.0 mln UZS 2) For individual entrepreneurs – up to 650.0 mln UZS The client’s total liabilities must not exceed these amounts |
| Min. amount of the loan | 1) For legal entities – from 50.0 mln UZS 2) For individual entrepreneurs – from 25.0 mln UZS |
| Currency | National currency (UZS) |
| Interest rate (IR) | 27% per annum |
| Type of maturity (revolving / non-revolving) | Non-revolving |
| Maximum maturity | Up to 60 months |
| Down payment | 30–52% |
| Accepted collateral | Vehicle purchased under the loan. A loan default risk insurance policy may be taken as temporary security until the main collateral is formalized |
| Interest payment frequency | Monthly |
| Disbursement type | From the primary market – via bank transfer From the secondary market – transfer to the seller’s plastic card or bank account Funds may be transferred to the supplier’s account in a lump sum or in installments |
| Grace period for capital repayment | Up to 6 months depending on the project. No grace period for secondary market loans |
| Repayment method | Annuity or differential |
| Capital repayment frequency | Monthly or quarterly, depending on the project |
| Prepayment rule | Early repayment option available |
| Additional terms | Auto loans for used cars are available only for vehicles not older than 3 years |
According to the Small Business Financing Program, Ipoteka Bank presents a wide range of business loans for your consideration.
The bank’s product line allows solving any tasks related to business development and ensuring its competitiveness.
When making a decision to grant a loan, Ipoteka Bank relies on accurate information about the real state of the borrower’s business. The main focus is on the development prospects of the business proposed for financing rather than on formal indicators.
An individual approach to each client allows Ipoteka Bank to offer small business loans on the most favorable terms.
The interest rate for the use of loan funds is determined based on market conditions and the financial situation of the borrower. Interest is charged on the remaining loan balance, allowing clients to avoid additional costs.