Lax loan for young families
Time period: up to 3 years
Loan amount: up to 20 000 (twenty thousand) manats
Interest on bank loan: 1 % per annum.
The young families which have just got married are issued lax loans for the purchase of household and economic property.
After the official registration of marriage, at the request of a young family the lax loan for the purchase of household and economic property is issued. The lax loans can be used by the family each spouse of which must be at the age at least of 35 and registered their marriage after. This type of loan is drawn-up for one of the spouses and they can use it only once. As a pledge of this type of loan not a property is taken but the guarantee of the third party is accepted.
The documents required for obtaining the lax loan for young families:
- Application (is filled in the bank)
- A copy of the passport of the borrower;
- A copy of the personal form of the borrower;
- Certificate of employment of the borrower (the position and the reference of monthly salary);
- A copy of the passport and certificate of employment of 2 guarantors (the position, the reference of monthly salary);
- A copy of the certificate of marriage and a copy of the passport of spouse (wife). Reference from the registry office that the borrower and his or her spouse (wife) were not married since the age of 16 to the present day;
- Reference of residence.