Loan conditions |
| Amount |
Min: 500 USD
Max: 15.000 USD
(maximum limit for cars manufactured in South Korea and sold by an official representative is AZN 20,000) |
| Term |
Min: 3 months
Max: 24 months |
| Interest rate |
26% per annum |
| Prepayment |
At least 20 % of price of the car |
| Method of payment |
In monthly installments (in equal monthly amounts) |
Requirements with respect to the applicant |
| Required documents |
1. identification card
2. driver’s license
3. document on technical characteristics of the car
(from partners – legal entities, invoice or sale and purchase contract) |
| Place of work of the applicant |
Not necessary |
| Term of employment at the current place of work of the applicant |
Not applicable |
| Place of registration of the applicant |
Baku and Sumgayit |
| Age of the applicant |
min. 22 |
