|
Collateral |
Guarantee of individual |
Personal estate |
Real estate |
|||
|
Amount |
2 000- |
2 000- |
2 000- |
100 000- |
More than 500 000 AZN |
|
|
Term (months) |
24 |
48 |
48 |
60 |
72 |
|
|
Annual interest rate |
12 - 19% |
12 - 19% |
12 - 19% |
|||
Service fee
0.1% of loan amount
(min. 10 AZN, max. 1 000 AZN)
Repayment
According to the schedule provided by the Bank
Penalty for delayed repayment
For each delayed day 15% is added to the fixed annual rate
Business loans in the regions have following conditions:
|
Product |
Collateral |
İnterest rate |
Amount AZN (max.) |
|
Business loan issued by Bank Xalq OJSC |
Warranty |
10 - 15 |
10 000 |
|
Business loan issued by Bank Xalq OJSC |
Personal property |
10 - 15 |
30 000 |
|
Business loan issued by Bank Xalq OJSC |
Real Property |
10 - 15 |
It is determined as a result of the borrower's financial analysis. |
Requirements to Borrower and Guarantee:
|
Legal entity |
Individual |
|
|
Period if entrepreneurship |
min. 12 months |
min. 6 months |
|
Age |
- |
23 - 65 for women 23 - 65 for men; |
|
Financial status of business |
Positive result of financial analysis |
|
|
Other demands |
Positive credit history |
|
Please follow this link to view list of documents required for taking business loans.
To make decision about the issuance of the loan the Bank has right to request additional information, as well as the documents necessary for the confirmation of submitted information.