Renovation-construction loan

NBCO "Caucasus-Credit" LLC requires pledge of movable or immovable property, a gurantor, depending on the loan amount, for the security of loans under the Renovation-construction loan product.

Purpose of renovation-construction loan

Meeting the needs of acquisition, construction or repair of real estate to improve living conditions

Terms of renovation-construction loan

Loan security:	Guarantee, pledge of movable/immovable property
Commission fee:	There is no
Loan amount:	AZN 5000-20000
Annual interest rate:	27,41% – 28,69%
Effective annual interest rate (APR)::	29%
Loan term:	12-48 months

In order to benefit from Renovation-construction loan product, a minimum of 6 months of official work experience or, if you are an individual entrepreneur, the presence of an active TIN and sufficient income, no delinquencies in your credit history, as collateral for a loan order of more than 500 manats a guarantor or a pledge of property, a group guarantee for group loans, a valid ID card, proof of income, current bank account are required.

Loan calculator

Loan order