"Yangi Bog" microcredit - JSCB «Turonbank»

About loan

№	Indicators	Basic conditions
1	Purpose	Renewal of low-yielding orchards and vineyards and (or) creation of intensive orchards and vineyards using the industrial method.
2	Loan currency	National currency in soums
3	Who is this highlighted to?	entrepreneurs without the status of a legal entity; legal entities.
4	Loan interest	14% annual
5	Loan amount	According to contract The maximum financing amount is up to 120 000 000 soums per hectare.
6	Loan term and grace period	Up to 84 months with a grace period of 36 months. Up to 18 months, including a 3-month grace period, for the import of certified fruit seedlings grown in vitro from foreign countries.
7	Credit security	real estate that meets the bank's requirements; lease right to a land plot, if the lease agreement does not prohibit pledging; motor vehicles manufactured no more than 3 years ago. Types of additional support: an insurance policy against the risk of non-repayment of the loan, issued in proportion to the loan term and for which the insurance premium has been paid; Guarantee of JSC "National Business Guarantee Company."
8	Return method	Differential method
9	Funding source	Funds from the Ministry of Economy and Finance of the Republic of Uzbekistan.
10	Additional terms	for the import of certified fruit seedlings grown in vitro from foreign countries, a loan equivalent to up to 5 US dollars per seedling shall be allocated; the renewal of obsolete orchards is financed upon the availability of a conclusion from the Agro-Industrial Development Agency declaring the orchard unusable and establishing an intensive orchard in its place.

Rates for corporative clients

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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.

FAQs

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Terms and Conditions

Required documents

An application for a loan.
Documents confirming the establishment and state registration of the client
Contracts concluded with suppliers of goods, works, or services paid for by credit funds.
Proposed security documentation:
When financing the renovation of old orchards — the conclusion of the Agro-Industrial Development Agency on declaring the orchard unsuitable and establishing an intensive orchard in its place.
When importing fruit seedlings grown in vitro — seedling certificate and import contract.
For legal entities — the decision of the client's authorized management body to obtain a loan.
Documents confirming the authority of the person signing the loan agreement.
When importing seedlings, in addition to:
The type of payment in the import contract must be specified in the form of a 100 percent letter of credit or payment after delivery of the goods;
If a prepayment is provided, financing is carried out in the presence of a guarantee from a financially stable foreign bank.

Note:

During the review of the loan application, the Bank has the right to request additional documents and information in accordance with the legislation, the Bank's Credit Policy, and the terms of the loan product.

Requirements

Additional terms:

absence of lawsuits related to credit obligations that have been fully or partially settled within the last 3 years, except in cases provided for by the product terms;
absence of overdue accounts receivable from the client under foreign trade contracts concluded with the supplier;
requirements for import contracts are determined in accordance with the Bank's Credit Policy;
the client's activities and the project implementation site are studied by the business manager on-site;
renewal of outdated orchards is financed upon receipt of a corresponding conclusion from the Agro-Industrial Development Agency;
the loan is allocated if the project meets all product requirements and the results of the inspection are positive.

Security

real estate that meets the bank's requirements;
lease right to a land plot, if the lease agreement does not prohibit pledging;
motor vehicles manufactured no more than 3 years ago.

Types of additional support:

an insurance policy against the risk of non-repayment of the loan, issued in proportion to the loan term and for which the insurance premium has been paid;
guarantee of JSC "National Business Guarantee Company."