Deposit guaranteed loan
At the request of customers who have placed a deposit on "VIP deposit", "Capital deposit" and "Term option deposit" in Kapital Bank, a maximum of 90% of the deposit amount in the amount of min. Cash loan or credit line with 500 AZN / USD can be given.
- MINIMUM LOAN AMOUNT On “VIP deposit”: 5000 AZN / USD / EUR; On “Capital deposit” and “Term option deposit”: 500 AZN / USD / EUR
- MAXIMUM AMOUNT OF LOAN Maximum 80% of the deposit amount
- LOAN TERM Until the business day before the expiration date of the deposit period
- ANNUAL INTEREST RATE On AZN deposits: + 5%; On USD and EUR deposits: +4%
Information
- ID card for citizenship
- The servicemen's ID card for military server
- Identity document for foreign citizens
- Age limit: min. 18 years old
- Registration: no required
- Place of work: no requirement
- Customer's deposit in Kapital Bank
For deposits in Manat currency:
- Monthly: APR min. 12.7% - max. 26.3%
- At the end of the term: APR min. 13.7% - max. 27.3%
For deposits in Dollar currency:
- Monthly: APR min. 7.7% - max. 20.1%
- At the end of the term: APR min. 8% - max. 20.2%
To obtain the loan, the customer must be over 18 years old and have a "VIP", "Kapital", or "Müddətli Seçim" deposit at Kapital Bank. There are no requirements for employment or registration. To apply for the loan, it is sufficient to fill out the online application form.
The annual interest rate for collateral-backed loans is 5% above the deposit interest rate for deposits in the national currency, and 4% above the deposit interest rate for deposits in foreign currency.
To obtain a pledge-secured loan, it is sufficient to approach the bank with just an identity card. For military personnel, in addition to the identity card, a military ID is also required. Foreign citizens can apply for the loan by providing an identity document as proof of their identity.
Deposit secured loans are offered to customers at low interest rates because they carry less risk. This loan product offers you lower interest rates, higher debt limits and, at the same time, longer repayment periods. Thus, the last loan repayment date is limited to the expiration date of the term of the deposit you placed in the bank. The only document required by the bank to get a secured loan is an ID card. All you have to do is fill out the online order form to get loan money through the product intended for bank customers who have placed a deposit, the loan term of which is limited by the expiration date of the deposit term.
