Car Loans

According to the raised demand for the cars of domestic production, Asaka Bank offers  loans for purchasing of the following cars: "Nexia", "Matiz", and "Damas" of UzDaewoo

Loans for purchasing of cars are given to citizens of the Republic of Uzbekistan, on residence by regional branches of Asaka Bank on the basis of the loan agreement in terms of 30 months, without right of prolongation of collect interests at the rate of 16 % per annum.

Condition of investment of money resources should be not less than 50 % from the cost of the car by depositing to the "Autosave"

As a security for the loan can be applied the deposit on account "Autosave" and the purchasing car or other liquid kinds of maintenance in respect of requirements of Asaka Bank.

Repayments by principals and interests (except for interests added under the deposit) should be done by borrower monthly, since a month following loan granted date.

Repayments of the loan is carried out as follows:

- 50 % of the loan amount are repaid during the 30 months by equal parts;
- remaining 50 % of the loan are repaid due by means of deposit "Autosave".

The borrower has the right to repay the loan ahead of schedule, having paid at the same time the interests added for the actual period of using the loan.

Repayments of the loan and payment of interests can be made by the borrower by
cash, non-cash transfers through branches, banks, by deduction from wages or other incomes.

In case of moving borrower to another destination, within territory of the Republic of Uzbekistan, the loan should be transferred to the regional branch of Asaka Bank. In case of departure of the borrower from the Republic of Uzbekistan, the loan should be completely repaid with added interests.