Loan amount:
Min. AZN 300 - max. AZN 20000 AZN (up to tuition fee)
Currency:
AZN
Period:
3 - 48 months
Annual interest rate:
min. 16%
Comission:
min. 0%
Actual Annual İnterest Rate:
min. 16%
Type of payment:
Monthly annuity (In case of advance payments on the main debt within the payment schedule, interest arrears will not be considered as delays)Borrower requirements:
Borrower
Paid students and their family members
Note: All the students who get tuition fee loan are provided with a debit card “Bolkart Gənc” for free.
Age limits
min. 20 – max. 70
Work experience
min. 3 month
Required documents
1. Applicant’s ID card;
2. Student’s ID card;
3. Documents confirming income;
4. Documents confirming paid education.
Note: Additional documentation (birth certificate, etc.) is required if the applicant's relationship with the student cannot be confirmed by an identity card.
Collateral
The possibility of getting a loan up to 15,000 AZN without a guarantor, depending on the customer’s workplace, salary and debt limit.
NOTE:
1 AZN service fee is charged to check the existing obligations of clients at the Azerbaijan Credit Bureau (ACB). If a certificate of employment and / or a salary statement from the bank is not provided, 2 AZN service fee is charged for obtaining this information through e-government portal (e-gov.az) or the “ASAN Finance” project.
When submitting an application with an extract from the Azerbaijan Credit Bureau (ACB) or an electronic certificate obtained on the e-government portal (e-gov.az), which is provided by the ASAN Service (Electronic Labor Contract) centers, no fee is charged for the corresponding service. In this case, the submitted documents must meet the following requirements.
1. The document must indicate the date of issue;
2. The relevant documents must be certified by "ASAN Service" with a seal or sticky hologram.
The validity period of the relevant documents submitted by the ASAN Service centers is taken as the date of submission of the document and the next business day.