Mortgage loan (no official income)

About loan

Citizens wishing to buy an apartment from newly built housing in the primary market, to rebuild or reconstruct a private house, Turonbank provides favorable mortgage loans even to those who do not have official income.

It is realized on the basis of the Decree of the President of the Republic of Uzbekistan "On measures of realization of the program of providing the population with accommodation due to mortgage loans on the basis of market principles in 2023".

Mortgage loan without subsidies at the expense of the Ministry of Finance of the Republic of Uzbekistan
Loan amount	in the Republic of Karakalpakstan and regions – up to UZS 327,250,000 in Tashkent – up to UZS 416 500 000
Loan term	20 years
Interest rate	17,5%	16,5%	16%
Initial payment	from 50% to 60%	from 60% to 70%	above 70%
Loan repayment method	Annuity and differential
Grace period	Up to 6 months

Video

Loan terms

Annual interest rate

16%

Maximum loan amount

416 500 000 sum

Credit term

20 years

Loan target

To buy a house

Submission form

Transfer to the seller's bank account

Principal and interest repayment

Monthly

Repayment method

Differentiated, Annuity

A taking out method

Bank branch

Grace period

Tariffs for individuals

Size: 24.40 KB
Format: xlsx

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Documents

Contract sample - Mortgage loan (no official income)

Size: 223.98 KB
Format: pdf

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Take out a loan online

You can apply for a loan at a Bank branch or on the website. Online applications are accepted around the clock and are processed quickly.

Fill in the online application form. Our employee will contact you and tell you about the conditions of registration and issue.

Information sheet

Download the Information sheet on the main conditions of the loan

Information sheet

FAQs

Still have questions? You can take a look at our Q&A database.

To open FAQs

Terms and Conditions

Required documents

- passport or ID card;
- a certificate confirming that the down payment has been deposited into a deposit account opened in the borrower's name;
- preliminary agreement of purchase and sale;
- In case of construction of individual housing design and estimate documentation is prepared and on the basis of this design and estimate documentation a special contract with the State Agency for Public Services is concluded;
- Document confirming lifetime ownership of land plot for construction of individual housing (mortgage loan for construction of individual housing in Tashkent city is not allocated)

Requirements

Applicant must be a citizen of the Republic of Uzbekistan, 18 years of age or older and no older than 60 years of age;

Applicant must not have overdue debts, overdue payments of more than 60 days on previously received and repaid loans, and negative credit history.

The borrower incurs the following costs in obtaining the loan:

·       expenses for a notarized purchase and sale agreement;
·       costs of preparing cadastral documents for the apartment;
·       insurance costs.

Security

pledge of property;
credit default risk insurance policy.

Calculate your loan

Minimum initial deposit

from 20 %

to 50 %

Necessary amount

1 000 000

soum

from 1 million soum

to 416.5 million soum

Loan term

240

from 12 month

to 240 month

Interest rate

from 10 %

to 50 %

Repayment type:

Annuity Differential

Insurance expenses:

Notary expenses:

Collateral assessment costs:

Average monthly payment*

... soum

Annual interest rate:

...%

Full cost of the loan:

... soum

Issue a loan

Information sheet

* The calculation is preliminary. The exact amount of the monthly payment will be determined by the bank based on the results of consideration of the application.