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Mortgage Loan (in cooperation with the MEF of the Republic of Uzbekistan)
- Up to 20 yearsLoan Terms
- From 17 %APRGood Interest Rates
- Up to 416 500 000 sumsLoan Amount
Mortgage Loan Terms
- Amount of the Loan
For the borrowers in the regions of Uzbekistan - up to 327,250 million sums;
For the borrowers in the city of Tashkent - up to 416,500 million sums.
- Mortgage Loan Terms Up to 20 years
- Grace period Grace period - 6 months
- Annual Percentage Rate
For individuals with proof of income
Down payment
Interest rate
Subsidized mortgage loans
Up to 15% and above
18%
Mortgage loans without subsidies
From 15% to 30%
19%
From 30% to 50%
18%
50% and above
17%
For individuals without proof of income
Down payment
Interest rate
From 30% up to 50%
19,5%
50% and above
18%
* The solvency of citizens without official income is determined through the data of their bank card history, rent, utilities and other expenses.
- Form of Provision Non-cash transfer
- How to Apply for the Mortgage Loan? At the Hamkor bank offices and branches
- Repayment Frequency Monthly repayment of principal and interest fees as a differential or annuity pay.
• Remotely, through the Hamkor Mobile application or other payment applications.
• Via self-service terminals.
• In the bank offices: by making a payment by card or cash.
Please note that the interest amount of the loan is calculated based on the nominal interest rate, and the full cost of the loan indicates how much the loan will cost if interest amounts and other types of payments are paid on time and in the prescribed amount.
The procedure for calculating the full cost of the loan can be found at: https://hamkorbank.uz/credit-calc.
The nominal interest rate of this loan can be changed by the bank, and the rate change will be agreed with the borrower.
- Application review period: 30 days; in case of providing a complete list of required documents;
- Loan repayment frequency: monthly, in the amounts specified in the repayment schedule
- Early repayment: early repayment is provided without additional fees and penalties;
- Fines and penalties: In case of violation of the terms of repayment of the principal debt on the loan, the interest rate on the amount of overdue debt increases 1.5 times from the date of formation of this overdue debt;
- Penalty for overdue interest – 0.1% per day;
- Collateral - at least 125% of the loan amount.
Factors influencing a positive decision on granting a loan:
- Positive credit history;
- Permanent source of income;
- Provision of the required collateral for the loan;
- Completeness of the provided list of documents.
Factors influencing the negative decision to granting a loan:
- Negative credit history;
- Lack of a permanent source of income;
- Lack of collateral for the loan;
- Incompleteness of the provided list of documents
- Applications for subsidies for the housing purchase are accepted from citizens with low-income levels at the Centers of Public Services or the Unified Portal of Interactive Public Services.
- The Board considers the citizen's application and makes a decision based on social criteria.
- The applicant will be notified of the Commission's decision on the allocation of subsidies through the Centers of Public Services or the Unified Portal of Interactive Public Services.
- For rural areas – during the first 5 years, covering expenses exceeding the value of 10% of the rate on the allocated loan
- For urban areas – covering the amount of the initial payment not exceeding 10% of the cost of housing, also, during the first 5 years, covering expenses exceeding the value of 12% of the rate on the allocated loan for the city of Tashkent, for the Republic of Karakalpakstan and cities located in other areas covering expenses exceeding the value of 10% of the rate on the allocated loan.
- Exemption from income tax on wages and other income (in the amount not exceeding 15 million soums per year), to ensure timely payment of a loan for the purchase of housing, the amount of which does not exceed 300 million soums.
Benefits of subsidies:
- Citizens of the Republic of Uzbekistan aged 18 to 60 years at the time of applying for a loan.
- Citizens whose debt load together with co-borrowers on all issued loans and microloans does not exceed 70% of the average monthly income
- Absence of overdue debts on previously issued loans.
- Mortgage Loan Application
- Originals of identity documents (borrower and co-borrower)
- Information on the provision of subsidies (for citizens who have received it)
- The contract for the purchase and sale of housing between the contractor and the borrower
- Certificates of income of the borrower and co-borrower for the last 12 months
- Additional expenses when applying for a loan:
- Expenses for notary services
- Cadastral and insurance costs.
Дополнительные траты при оформлении кредита:
- Expenses for notary services
- Inventory and insurance costs
How to Apply for the Loan
To Apply for the Loan, Please Visit your Nearest Bank Branch.
For More Information Please Call
Free transfers
up to 5 000 000 sums
in HAMKOR app
Free delivery
of HUMO card
Fiscal check for each
money transfer and payment
Free emission of
VISA Classic Card
in HAMKOR app