Mortgage loan

Terms of loan

1. Conditions for providing a mortgage loan in accordance with the Decree of the President of the Republic of Uzbekistan dated April 30, 2024 No. UP-70 “On additional measures to improve the mechanisms for issuing mortgage loans and improving the living conditions of the population in 2024

• The purpose of the loan is to purchase a home

• Source of the loan: funds of the Ministry of Finance of the Republic of Uzbekistan.

• Requirement for the borrower: citizens of the Republic of Uzbekistan from 18 to 60 years old.

• Period: 20 years.

• Grace period: 6 months.

• For individuals with official income
  - 18% per annum with 15% down payment;
  - 17.5% per annum with 40% down payment.

• For individuals without official income
  - 18% per annum with 40% down payment.

• Maximum loan amount
  - In regions - up to 330.0 million UZS;
  - In Tashkent - up to 420.0 million UZS.

• Type of payment - annuity or differentiated

• For individuals who have received notices of subsidies.

• Subsidies of 30 million UZS are available to cover part of the down payment, irrespective of the housing cost.

• Subsidies are allocated from the state budget to cover part of the interest rate that has exceeded 12 percentage points in the last 5 years.

The down payment and subsidies allocated to cover part of the interest payments are paid when the area and price of the housing to be purchased do not exceed the limit and the calculated cost of housing.

You can apply to any branch of our bank in all regions, except Tashkent, regarding the construction and reconstruction of individual housing.

2. Mortgage loan provided at the expense of own funds of NBU JSC of the Republic of Uzbekistan:

Mortgage loans for the purchase of housing

• Loan period - 120 months (grace period up to 24 months);
• Standard
  - 26% per annum with 25% down payment;
  - 24% per annum with 40% down payment.
• Participants in the Bank's Salary Project
  - 25% per annum with 25% down payment;
  - 23% per annum with 40% down payment.
• Under the Bank at Workplace project
  - 24% per annum with 25% down payment;
  - 22% per annum with 40% down payment.

For individuals without an official income - a down payment of at least 40% of the housing cost.

Мaximum loan amount:
- no limits for the purchase of housing.

Loan Arrangements

The housing to be purchased is accepted as collateral.

Required documents

• Passport/ID card;
• Income Certificate of the borrower and co-borrower (if necessary);
• Contract signed with a construction contractor for the purchase of housing on the primary market;
• A copy of the document confirming the ownership of private housing or an apartment in a multi-storey building on the secondary market;
• Certificate of Down Payment transferred to the deposit account, which is issued for the borrower;
• Design & Estimate Documentation and Expert Opinion prepared by a design organization that has a special license for the construction and reconstruction of private property;