Oson Microcredit - JSCB «Turonbank»

About loan

The “Oson” loan is a credit product provided for any business purposes.

№	Loan Terms
1	Interest Rate and Loan Term	For replenishing working capital - up to 18 months; For purchasing fixed assets and other purposes - up to 36 months. For loans with a clearly specified (targeted) purpose: up to 18 months - 25%; up to 36 months - 26%. For loans for other purposes without a specific designation (non-targeted): up to 12 months - 28%; up to 24 months - 29%; up to 36 months - 30%.
2	Loan Amount	Debt load up to 50% only: for replenishing working capital – 300,000,000 UZS; for purchasing fixed assets and other purposes (non-specific) – up to 500,000,000 UZS.
3	Grace Period	none
4	Loan Payment Frequency	monthly
5	Interest Calculation Method	differential

Rates for corporative clients

Size: 27.17 KB
Format: xlsx

Contract form - Crediting (For small businesses)

Size: 116.50 KB
Format: doc

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

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

Terms and Conditions

Required documents

Application;
Financial statements – for the most recent reporting period, obtained by the bank from the State Tax Committee database;
Certified copies of the founding documents;
Collateral documents.

Requirements

Client Requirements:

registered and operating within the territory of the Republic of Uzbekistan;
not subject to insolvency (bankruptcy) proceedings;
has a positive credit history;
did not end the last reporting period with a financial loss (except for business entities not obligated to submit financial statements);
creditworthiness rating not lower than Class III;
as of the application date, has no overdue tax liabilities of 10,000 UZS or more;
has maintained continuous regular cash inflows within the Turonbank system for the last 6 months (excluding financial aid, charter capital contributions, and borrowed funds); for newly attracted clients — at least 12 months;
no changes in the company’s founders during the last 6 months (except for close relatives);
under previously granted loans (regardless of repayment status), has not allowed overdue payments exceeding 30 days more than 5 times, and has not allowed overdue payments exceeding 60 days in total.

Security

As collateral, one or more of the following may be accepted:

Guarantee from business entities with the status of a legal entity or from individuals.