Loan term

up to 60 months

Loan purpose

Microloans are provided to SELF-EMPLOYED INDIVIDUALS in the national currency of the Republic of Uzbekistan (UZS) for any purpose, by transferring funds to the applicant's (client's) bank card issued at JSC "InfinBANK", or by transferring the microloan amount to the applicant's demand deposit account opened at JSC "InfinBANK".

Annual interest rate

26,99% per annum; 

Loan amount

up to 300 mln UZS

Collateral

• Collateral of liquid assets; 

• Insurance policy against the risk of loan default. 

• Guarantee of a solvent third party. 

• Other types of collateral that satisfy the bank.

Repayment frequency

• Principal debt - monthly; 

• Accrued interest – monthly. 

• Interest accrual on the loan begins from the date of loan fund utilization on the actual outstanding loan balance.

Requirements for the potential Applicant

• Age from 18 years old; 

• Citizen of the Republic of Uzbekistan; Stateless person and foreign citizen permanently residing in the Republic of Uzbekistan;

• Having a regular source of income; 

• Presence of a positive credit history (no overdue debt on current loans and no history of late fulfillment of obligations to the bank/banks).

Required documents

1. Application. 

2. Questionnaire filled out by the applicant;

3. The original document confirming the applicant's identity and place of residence, a copy of which is taken by the loan officer. 

4. Document confirming the applicant's self-employment. 

5. Collateral documents. However, the bank reserves the right to request other necessary documents when processing the loan.

Loan granting form

To be provided in the national currency (UZS) in non-cash form, by transferring funds to the applicant's (client's) bank card, issued at JSC "InfinBANK", or by transferring the microloan to the applicant's demand deposit account.

Place of loan application submission

The loan application and processing are carried out at the bank's branches and offices.

Loan processing time

The loan application processing time is - 3 days from the date of application submission. The decision on the loan application will be communicated to the client within 24 hours.

Additional fees for loan review and processing

No

Early repayment

Early repayment of this type of loan is allowed without additional fees or penalties.

Grace period on principal debt

1 months, annuity

Possible factors for rejecting a loan application

1.    Negative credit history (late repayment of principal debt and interest on loans, presence of current overdue loan debt).

2.    Unstable or lack of income of the potential applicant. 

3.    Incorrect, false, or incomplete information provided by the potential applicant; 

4.    No collateral for the loan.

Possible factors for approving a loan application.

1.    Positive credit history (timely repayment of loans and interest, no current overdue loan debt).

2.    Stable income of the potential applicant.

3.    Satisfactory financial condition of the potential applicant;

4.    Presence of collateral in the amount and volume necessary to cover the loan.

If the repayment terms of the principal loan are violated, the interest rate on the overdue amount increases 1.5 times from the date the overdue debt arises.

Attention! The interest amount on the loan is calculated based on the nominal interest rate. And the total cost of the loan shows how much the loan will cost you if interest payments and other fees are made on time and in the specified amount. The procedure for calculating the total cost of the loan can be found in the "Loans" section.

Attention! The nominal interest rate of this loan may be changed. However, this change will be agreed with the loan applicant!