A microloan is a loan of up to UZS 20 mln provided by a bank to individuals. |
Loan amount |
Interest rate |
Loan term |
Initial payment |
Loan repayment method |
Grace period |
Up to UZS 20 mln. |
29% |
3 years |
no |
annuity differential |
no |
Microloans are allocated to individuals in a non-cash form by transferring to a bank card or in cash in the national currency - "UZS".
Client loan payments must not exceed 50% of the average monthly income.
An online microloan is allocated only to holders of the salary plastic card of JSCB "Turonbank" in the amount of 50% of the average monthly salary credited to the plastic card, but not exceeding 10 times the minimum wage on the terms of payment, term, security and repayment to plastic cards through a mobile application “MyTuron” (Temporarily suspended).
Online microloan is provided for a period of 3 months at 29% per annum.
Offer agreement for allocation of ”Online" micro-loan
Sample of a micro-loan agreement
The borrower provides one of the following types of collateral:
- pledge of immovable property (except residential buildings) with the right of land use;
- pledge of vehicles in accordance with the requirements of the current Credit Policy of the bank (insured against all risks);
- gold jewelry or securities (written consent of the borrower's spouse is required);
- surety of legal entities and individuals;
- a credit risk insurance policy, a guarantee of funds on the deposit (the consent of the spouse is required).
- other liquid property.
• application;
• a copy of the passport (or a document replacing the passport);
• documents for securing the loan.
Collateral for microloan:
• As a security for the loan, a surety of third parties, an insurance policy or a pledge of liquid property is accepted.