Credit card makes it easy to pay anywhere through terminals and withdraw cash at ATMs, and until the 10th of the following calendar month, interest on loan will not be charged.
Credit terms:
| Currency | AZN | AZN | |
| Maximum amount | 20 000 AZN | 10 000 AZN | |
| Period | 36 months | 36 months | |
| Annual interest rate | 26% | 26% (+3% over than 5000AZN and without guarantor) | |
| Commission expenses |
credit line opening- 0.5%, cash withdraw- 1% |
credit line opening- 0.5%, cash withdraw- 1% |
|
| Grace period | 10th of the following calendar month | 10th of the following calendar month | |
| Payment rules | free | free | |
| Guarantee | real estate | required over 3000AZN or more than 5 times of salary | |
The preliminary documents required together with a loan
- Borrower ’s ID
- Documents confirming income
- Employment certificate about work experience at same workplace- 6 months (is not required in case of collateral)
- Documents of guarantor’s income