When money is needed today: which microloans does InfinBANK offer and who they are for
Sometimes financial decisions cannot be postponed. You need to start a small business, buy equipment for work, close an urgent issue, or simply implement an idea that has long awaited its time.
It is for such situations that banks are developing the direction of microfinancing, quick and affordable loans for individuals and self-employed individuals.
InfinBANK notes that today microloans are becoming not just financial support, but a tool for development, especially for those who work for themselves or are just starting their own business.
Let's analyze what types of microloans the bank offers and what are their features.
Infin Qadam microloan: for those taking a step forward
The name of this product translates as "step" and it is indeed a tool for the next step in life or business.
The Infin Qadam microloan is primarily intended for self-employed citizens who work for themselves: craftsmen, entrepreneurs, service sector specialists.
Main conditions:
- amount - up to 300 million soums.
- term - up to 60 months
- interest rate - 25.99% per annum;
- grace period for the principal debt - 1 month.
Funds can be used for any purpose, from business development to personal financial tasks.
The application is reviewed quickly enough: a decision is made within a few days, and funds are transferred to the client's card.
Classic microloan: a solution for a stable income
For clients with official employment and stable income, the bank offers a classic microloan.
This option is suitable for those who need a relatively small amount for:
- repair
- equipment purchases
- solving household financial problems
- large family expenses
Product conditions:
- amount — up to 100 million soums
- term — up to 36 months
- interest rate — 28,99% per annum
- grace period — 1 month
To apply, you must have at least 6 months of work experience at the current location and confirmation of income from your salary card.
As noted in the bank, one of the important advantages is the possibility of early repayment without commission and fines.
Microloan for self-employed: support for the new economy
Self-employment is one of the fastest-growing forms of work.
Freelancers, craftsmen, service specialists, online entrepreneurs - all of them form a new economy where there is income, but it is not always confirmed by a classic work record book.
It is for such clients that InfinBANK offers a special microloan for self-employed individuals.
Basic parameters:
- amount — up to 300 million soums
- term — up to 60 months
- interest rate — 26,99% per annum
The main condition is confirmation of the status of a self-employed person and the presence of a stable income.
This product allows self-employed people to:
- invest in equipment
- expand activities
- launch new projects
- solve financial problems without complex procedures.
Why microloans are becoming more popular?
Experts point out several reasons for the growing interest in such products:
1. Speed
The application will be reviewed within a few days.
2. Flexibility
The funds can be used for almost any purpose.
3. Accessibility
Financing is available not only to hired employees, but also to self-employed individuals.
4. Possibility of early repayment
The client can close the loan earlier without additional fees.
Financial development tool
Microloans today are no longer just "small loans". For many people, this is a real tool for growth, an opportunity to start a business, scale up work, or solve important life tasks without long waiting.
InfinBANK emphasizes that the main goal of such products is to make financing accessible and convenient for people with different employment formats. And this means giving everyone the opportunity to take their next step.