Microloan Terms
Application
Free
Amount
from 1 000 000 to 100 000 000 UZS
Term
36 or 60 months
Interest rate
from 24% to 48,9% annually
Disbursement
Online, to your current account in the Ipoteka Mobile app
Fee for transferring loan funds to a card
0% in Ipoteka Mobile*
Loan servicing fee
Free
Repayment methods
In the Ipoteka Mobile mobile app
At Ipoteka bank ATMs
At Ipoteka bank branches
At Ipoteka bank ATMs
At Ipoteka bank branches
*In the Ipoteka Retail app, the fee for transferring loan funds from the credit account to a card may be up to 0.99% of the transfer amount.
Documents
Why is Insurance Needed
To provide financial protection for the borrower and their family in the event of insured occurrences
Important Information
Insurance is voluntary. Refusal to purchase insurance does not affect the decision on the approval of a microloan
Key Terms
- Insurance type: Voluntary;
- Insurance company: Imkon-Sug’urta OTP Group;
- Policyholder / Payer: Borrower;
- Included in the loan amount: Deducted from the loan amount;
- Insurance period: Equal to the microloan term, but not exceeding 36 months;
- Sum insured: Up to the amount of the loan.
Insurance Premium
3% of the loan amount: 2.7% — Death or Group I–II disability; 0.3% — Loss of income.
Covered Risks
Group I–II disability; Death as a result of an accident; Loss of income due to loss of employment; Loss of income resulting from the insured person’s death.
Exclusions
Intentional criminal acts; Suicide; Military actions; Radiation exposure; Voluntary resignation from employment; Absence of official unemployment status; Other exclusions specified in the Insurance Rules.
Online Enrollment
Insurance can be purchased, at the customer’s discretion, while submitting a microloan application through the mobile application.
Refund of the Insurance Premium
The insurance premium may be refunded upon the customer’s written application submitted to the bank’s Head Office or any branch. A copy of the customer’s passport or ID card is required. The refund will be transferred to the bank card specified by the customer in the application.
To the regulation on the minimum requirements for the activities of
commercial banks in the implementation of
relations with consumers of banking services
Information sheet about main terms of the loan
The name of commercial bank, Official website, phone numbers
JSCMB "Ipoteka-bank",
www.ipotekabank.uz
Phone:(78) 150-11-22,
Contact center:1233
www.ipotekabank.uz
Phone:(78) 150-11-22,
Contact center:1233
Section 1. Loan information
1. Type of the loan
2. Purpose of the loan
For personal needs
3. Amount of the loan (in national currency)
4. Term of the loan (in month)
month
5. The interest rate during the term of the loan (nominal amount) and the amount
payable on this interest amount
%
165,211,071 uzs
7. Grace period for the loan (if exist)
not exist
8. Periodic payments (monthly, quarterly and etc.)
Monthly
9. Loan repayment method (annuity method (equal amounts), differential method)
Annuity method
10. The amount of a one-time payment during the payment period
4,420,185 uzs
11. The form of provision of the loan (transfer of money to the account of the
supplier of goods/services, in cash, transfer to a bank card, etc.)
By transferring funds to the client’s account
12. Additional expenses related to the loan (if any):
not exist
Bank commissions and fees by type (indicate separately)
not exist
Third party services (indicate separately)
not exist
13. Total cost of the loan (includes nominal interest rate and loan servicing
costs)
265,211,071 uzs
Section 2. Important conditions related to other financial obligations
1. In connection with the late repayment of the loan debt, a penalty (fine,
penalty) provided in the contract is imposed (if there is such a condition)
In the event of a delay in the repayment of the principal amount of the
microloan,
the borrower shall pay a penalty amounting to 180% of the overdue principal amount for the entire period
of delay.
2. The amount of the increased interest rate paid on the loan amount due to late
repayment of the loan debt (if such condition exists)
If the borrower fails to pay the interest within the specified period, the
borrower shall pay the bank a late payment fee of 2% of the overdue payment amount for each day of
delay,
but not exceeding 50% of the overdue payment amount.
3. Collateral of the loan (minimum requirements for the subject of collateral,
minimum cost of collateral)
not exist
Read carefully before agreeing to take out a loan!
You have the right to receive complete and detailed information from the bank about the terms and amount of the loan, about the procedure for payment and settlement (interest, fines and penalties), about Your rights and obligations under the loan agreement, about the loan agreement about possible risks and responsibilities, as well as other issues that are unclear to you.
If you have complaints, you can send your appeal to +998 78 150 11 22 the digital phone number or 100000, Tashkent, 30 Shakhrisabz Street the address or info@ipotekabank.uz the email address.
ACCURACY OF THE INFORMATION SHEET
AND THE AUTHENTICITY IS CONFIRMED.
Position and full name of the bank's specialist
Date of completion
FAQs
Citizens of Uzbekistan aged 20 or over can apply. You must be no older than 70 on the date of your final payment. The bank makes its decision after assessing your ability to repay.
From UZS 1,000,000 to UZS 100,000,000. Your borrowing limit depends on your income, credit history and existing loan commitments. You choose your loan amount in the app, within your approved limit.
36 or 60 months. The repayment period available to you will be shown in the bank’s loan offer and your repayment schedule.
The annual interest rate ranges from 24% to 48.9%. Your individual rate is set automatically based on your income, credit history, overall debt burden and other criteria used by the bank. You will see your rate in the app before confirming the loan.
If you are formally employed, you must have officially recorded salary income for the past six months.
Self-employed applicants can apply without being in formal employment. Their self-employment status must be active, and the bank considers the total value of transactions on their personal bank cards when assessing their application.
Self-employed applicants can apply without being in formal employment. Their self-employment status must be active, and the bank considers the total value of transactions on their personal bank cards when assessing their application.
Yes. The bank considers applications from pensioners, including those who work. The assessment takes into account the total value of transactions on their bank cards. You must be no older than 70 on the date of your final payment.
You can use an active card issued in your name by any bank in Uzbekistan. If you are formally employed, it must be a salary card. When assessing your application, the bank may consider the total value of transactions across several of your cards.
You will usually receive a decision in the app within two minutes. The funds are credited to your current account, which you can access in Ipoteka Mobile. Under the terms of the offer, the funds must be transferred no later than the next business day after the conditions for disbursement have been met.
Have your passport or ID card ready; no income certificate is required. Open the online microloan section in Ipoteka Mobile and submit your application. Once your application has been reviewed, check the terms offered and confirm the loan if you wish to proceed.
Yes. If you have an existing loan with Ipoteka Bank or another bank, your application will be assessed individually, taking into account your income and overall debt burden.
There are no application or loan servicing fees. Insurance is optional, and declining it does not affect the bank’s decision. If you choose to take out insurance, the premium is 3% of the microloan amount and is deducted from the loan proceeds. Insurance cover lasts for up to 36 months.
Make monthly payments according to your repayment schedule through Ipoteka Mobile, at Ipoteka Bank ATMs or at the bank’s cash counters. If a payment date falls on a non-banking day, payment is due on the next banking day.
Yes. You can repay it in full or in part through Ipoteka Mobile, with no early repayment fee. If you make a partial early repayment, the bank recalculates your repayment schedule, reducing subsequent payments and the total amount payable.
You can decline the microloan at no cost before receiving the funds. If the funds have already been credited to your account, you can repay the microloan early in full by paying the outstanding balance and accrued interest.
- If the principal is overdue: the agreement provides for a 180% penalty. It is calculated on the overdue portion of the principal, not the full microloan amount.
- If interest is overdue: a penalty of 2% of the overdue interest is charged for each day of delay. The total penalty cannot exceed 50% of that overdue interest.
