BUSINESS CHEVY Car Loan for Business Entities

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Interest rate

0,0%

Loan tenor up to 5 years

Lower monthly payments and better cash flow management

Flexible repayment options

Choose between annuity or differentiated payments, with early repayment available at any time

Targeted clientele

Existing and potential clients of the bank (micro and small enterprises and individual entrepreneurs)

Purpose of the loan

The car purchase and sale agreement number must contain the mark -SB or SJ in the end

Interest rate (IR) (%)

0,0%

Max. amount of the loan

Up to 720.0 mln. UZS

Possible currencies

In national currency

Max. maturity

Up to 60 months

Grace period for capital repayment

Without grace period

Accepted collaterals

Vehicle purchased on loan. A loan default risk insurance policy may be accepted as collateral until the main collateral is formalized. Insurance policy of the 14th class for a period of at least 3 months, but not less than for the period of delivery of the car specified in the contract of sale; the insurance amount of the policy of the 14th class is indicated in the credit report. Insurance policy of the 3rd class (CASCO) for the entire term of the loan, the insured amount is equal to 100% of the car price

Down payment

From 25%

Passport

PDF 115.57 Кб

For Legal Entities:

Application;
Decision of the authorized body of the borrower on obtaining a loan. A copy of the borrower’s constituent documents with the latest amendments for verification of authority (license);
Financial statements submitted to the State Tax Authorities for the latest reporting period;
If the borrower has accounts and obligations with another credit organization (bank), a reference from that credit organization (bank) and account turnover statements shall be provided;
Copies of contracts (agreements) for the purchase of a vehicle financed by the loan;
Documents confirming the availability of trading or production premises intended for business activities;
Business plan (simplified);
Collateral documents.

For Individual Entrepreneurs:

Application;
Copy of the state registration certificate;
Copies of contracts (agreements) for the purchase of a vehicle financed by the loan;
Business plan (simplified);
If the borrower has accounts and obligations with other credit organizations (banks), a reference and account turnover statements from such credit organization (bank) shall be provided;
Collateral documents.

This list of documents is not exhaustive and is required for consideration of the loan application. If necessary, the Bank reserves the right to request additional documents.