71 230 77 77
Educational loan with the funds of the Ministry of Finance

Educational loan with the funds of the Ministry of Finance

Conditions of the educational loan allocated by JSC Aloqabank to individuals with the funds of the Ministry of Finance of the Republic of Uzbekistan

Unlimited  loan amount 14% annual interest rate years loan term

Basic terms of the loan:

Conditions of the educational loan allocated by JSC Aloqabank to individuals with the funds of the Ministry of Finance of the Republic of Uzbekistan

Loan amount Loan repayment period Annual interest rate on the loan*

Based on the amount of the contract.

The principal debt is repaid within 7 years, starting from the seventh month after the official expiration of the term of study.
Interest on the loan is paid monthly after the loan is allocated.

14%


Purpose of the loan:

To make payments under the contract in order to receive education on a fee-and-contract basis on a full-time basis in higher educational institutions operating in the Republic of Uzbekistan.


Type of provision **

  • If the loan amount does not exceed 100 times the base rate - a guarantee from a third party;
  • If the loan amount exceeds the base calculated amount by more than 100 times base rate – the pledge of liquid property.

* The interest rate on the loan is reduced proportionally, in case of a reduction in the main rate of the Central Bank of the Republic of Uzbekistan, and in case of an increase, it remains unchanged.

** Collateral and guarantee for an educational loan allocated to children of families included in the "Unified Register of Social Protection" are not required.

List of documents required from the borrower:

  • Application;
  • the original passport or ID card of the client (co-borrower, guarantor, who is an individual) (a copy of the original passport or ID card is taken by a Bank employee);
  • an agreement (contract) between a student and a higher educational institution on tuition on a fee-and-contract basis, executed in accordance with the established procedure;
  • documents related to the loan collateral.
Loan amount Loan repayment period Annual interest rate on the loan*

Based on the amount of the contract.

The principal debt is repaid within 6 years, starting from the seventh month after the official expiration of the term of study.
Interest on the loan is paid monthly after the loan is allocated.

14%

Benefits of a loan from Alokabank

Fast decision making processing the application
as soon as possible.

Issuance of a loan on the day of application use the funds immediately
after receiving the loan.

Minimum documents a passport is enough
to open a loan.

How to get a loan?

1
Fill out an application

It takes
about 5 minutes on average

2
Wait for approval

We make a decision
within 15 minutes

3
Get a loan at the nearest branch

Take your documents with you

beta-version