Loan requirements:

1. Loans are provided to residents and non-residents with permanent registration in Baku or other towns where Bank of Azerbaijan has a branch;
2. Loan maturity is up to 6 or 12 months;
3. The borrower must make a down payment of 30(thirty) percent of the price of the goods;
4. The borrower must pay from a 9% to 18% fee based on the amount and maturity of the loan;

 Documents required:

1. Copy of the borrower’s ID;
2. Letter from the employer (indicating salary and position)
3. Borrower’s sample signature;
4. Application (Form №2);
5. Letter of Request;
6. Purchase and Sale Contract or Invoice;
7. Other documents related to the loan.