Documents required for obtaining of loan for car purchase:

  1. Borrower’s passport, his/her spouse’s passport, marriage certificate (if available);
  2. Guarantor’s passport;
  3. Borrower’s and guarantor’s local municipal statement of residence;
  4. Data on a borrower, a borrower’s spouse, a guarantor from “Ishenim” Credit Information Bureau;
  5. Notarized consent of a spouse on loan obtaining and pledge of purchased car or a notarized statement on a family status (single, not married);
  6. Documents confirming income of a borrower, family members and, if necessary, of a guarantor (letter of employment confirmation on wage/a patent/a rental agreement/ accounting books, etc.);
  7. Vehicle registration certificate, certificate from State Traffic Police on unavailability of arrest or pledge, copy of a seller’s passport, notarized consent of a seller’s spouse for car sale or a notarized statement on a family status (single, not married);

Lending terms:

  1. Loan amount from 30,000 soms to 300,000 soms
  2. Loan period from 3 to 36 months
  3. Interest rate: 2.883% per month (34.60% p.a. by annuity calculation method)
  4. Insurance contribution amount: 2.5% per year of loan amount
  5. Collateral: purchased car + guarantee of 1 person
  6. A car is under arrest and is remained with a borrower
  7. Minimum and maximum effective interest rate: 41.63% - 49.28%.