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LOMBARD LENDING

"AZER-TURK BANK" OJSC provides you with the Lombard loan terms 

General information

Purpose

Loans for individual persons based on storage of movable objects (jewellery) intended for personal consumption

Customer requirements

Age category

Min. 18 years old

Citizenship requirements

Azerbaijan citizens and expatriates who has 1-year license agreement by State Migration Service and works under contract.

Product features

Loan amount

Up to 50 000 AZN  (or USD equivalent) (the amount of the loan – no more than 60% of the market value of the collateral)

Loan term

Up to 12 months

Interest rate

25%

AAIR

27.4-28.9%

Additional bank commissions

Bank charges 

Təminat

Collateral (jewellary)

Required documents for the loan  

Documents by the client

-       Application form for the loan purchase

-       Identity card  

-       If necessary, other documents  

-       Copy of the marriage certificate and identity card of spouse