Mortgage loan for the purchase of housing on the primary market
Private Joint-Stock Bank “Trastbank” offers mortgage loans funded by the Ministry of economy and finance of the Republic of Uzbekistan. Expand your opportunities to own your home with us.Visit our banking offices, complete the paperwork in a short time, and own the home of your dreams. The loan does not have a grace period.
TERMS AND CONDITIONS FOR GRANTING MORTGAGE LOANS TO THE POPULATION USING THE FUNDS OF THE MINISTRY OF ECONOMY AND FINANCE OF THE REPUBLIC OF UZBEKISTAN
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№ |
Indicator |
Terms and conditions |
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|
1 |
Client(Borrower) |
An individual(citizen of the Republic of Uzbekistan) |
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|
2 |
Purpose of the credit |
Purchase of housing(apartment)on the primary market(multi-apartment residential building) |
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3 |
Credit source |
At the expense of funds of the Ministry of Economy and Finance of the Republic of Uzbekistan |
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4 |
Amount of the credit |
For the Republic of Karakalpakstan and regions - up to UZS 380.0 million; For the city of Tashkent - up to UZS 480.0 million (If the limit amount is increased by Decree of the President of the Republic of Uzbekistan, the credit limit automatically changes) |
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5 |
Credit utilization period |
Up to 240 months |
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6 |
Initial payment |
For clients with a permanent income source |
For self-employed clients |
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|
15 % |
20 % |
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7 |
Interest rate (nominal) during the credit utilization period |
CB base rate +3 percent |
CB base rate +3 percent |
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8 |
Credit amount to housing(collateral)value ratio |
LTV≤85% |
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9 |
Method of credit repayment |
Annuity or differential method |
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10 |
Monthly incomes |
Salary(income from the last place of work for at least 6 months) |
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11 |
Number of co-borrowers |
Up to 3 persons |
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12 |
Collateral |
Housing(apartment)being purchased with the credit |
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13 |
Submitted documents |
Passport(ID card),purchase-sale agreement, collateral documents, cadastral documents, if received - subsidy notification |
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14 |
Eligibility criteria for borrowers/co-borrowers(individuals) |
On the date of application: has reached 18(eighteen)years of age and not older than 60(sixty)years(not retired by age)citizen of the Republic of Uzbekistan. The Borrower shall have permanent employment or a permanent income from personal subsidiary farming, dekhkan farming, individual entrepreneurship, or other lawful sources of income that are not prohibited by law and are duly documented, sufficient for the monthly payment of calculated interest and principal debt on the mortgage loan according to the payment schedule. Debt burden indicator(taking into account the subsidy for covering interest expenses on the mortgage loan, if provided)should not exceed 50 percent. - at the time of consideration of the allocation of a mortgage loan, there must be no overdue debts from banks and other credit institutions. -Self-employed individuals must have voluntarily paid their social taxes in full for the last one year in the current year, the last two years in 2027, and the last three years starting from 2028. |
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Loan Agreement on a Mortgage Loan for the Purchase of Residential Property (Apartment) on the Primary Market
Information Sheet on the main terms and conditions of the Loan
CHECKLIST provided to the borrower/client prior to execution of the mortgage loan agreement
| № | Names of banking services offices | Phone numbers |
|---|---|---|
| 1 | Operational Banking services office | (+99871) 207-62-84 |
| 2 | BSO “Toshkent” | (+99871) 230-40-92 |
| 3 | BSO “Darxon” | (+99871) 237-06-45 |
| 4 | BSO “Yakkasaroy” | (+99871) 255-18-70 |
| 5 | BSO “Andijon” | (+99895) 202-03-10 |
| 6 | BSO “Namangan” | (+99869) 223-19-65 |
| 7 | BSO “Samarqand” | (+99866) 237-74-02 |
| 8 | BSO “Termiz” | (+99876) 227-35-00 |
| 9 | BSO “Qarshi” | (+99875) 227-25-25 |
| 10 | BSO “Farg‘ona” | (+99873) 244-40-28 |
| 11 | BSO “Jizzax” | (+99872) 226-20-16 |
| 12 | BSO “Buxoro” | (+99865) 505-06-06 |
| 13 | BSO “Bektemir” | (+99855) 901-10-10 |
| 14 | BSO “Raqamli” |
(+99855) 506-07-60 |
