Loan “Mortgage Service”
On the eve of the 33rd anniversary of our country's independence, the private joint-stock bank “Trustbank” has introduced a new loan product called “Mortgage Service.”
This credit product, designed for legal entities, was launched to ensure the implementation of tasks set during the video conference meeting held by the President of the Republic of Uzbekistan on August 12, 2024
“On measures to increase the effectiveness of the visit to the Bukhara region, introduce alternative energy sources, and create attractive conditions for industrial enterprises.”
To apply for this “Mortgage Service” loan under the following favorable terms, please visit our bank service offices.
Loan terms:
Loan amount |
Up to 500,000,000.0 (five hundred million) soums |
Purpose of the loan |
for the purchase of buildings and/or tools and equipment for a service facility for business entities |
Loan term |
Up to 36 months |
Grace period for principal amount |
Up to 6 months |
Loan currency |
In national currency |
Interest rate on loans in national currency |
At a rate of at least 26% per annum; |
Mortgage services are not provided in the following |
- gambling and billiard establishments, buildings and equipment necessary for the production and/or sale of alcoholic and tobacco products; - wholesale trade, public catering, and standalone gas stations (excluding trade and service facilities, roadside infrastructure including car refueling as part of a complex, and organization of retail outlets, buildings, and equipment used for «green» technologies, including electric vehicles); - purchase of vehicles; - projects implemented in the agricultural sector (except for buildings and equipment used for storage, processing, and packaging of agricultural products). |
Loan provision |
- the collateral value of the property accepted as mortgage should not be less than 125% of the loan amount, which may include non-residential and/or residential premises (provided that no one is listed as residing in the residential premises); - the collateral value of the property accepted as mortgage should not be less than 125% of the loan amount, which may include non-residential and/or residential premises (provided that no one is listed as residing in the residential premises); |
Collateral requirement |
- the collateral offered as collateral must be free from other collateral; - a third party guarantee can only be considered as additional security. |
Special conditions |
provided that the debtor/customer contributes their own assets (monetary funds, material assets) to this project in the amount of at least 30% of the total project cost; provided that at least 10 new jobs are created. |