Retail Loans

The retail loans offered by AccessBank serve to meet our clients’ personal needs. Our loans finance consumer equipment, mobile phones, computers, cars, cash funds and more. Loan registration takes an average of 20 minutes and no additional expense is required.
PROFESSIONAL LOAN
Since April 2009, AccessBank has offered the Professional Loan, a product promoting cash loans. The Professional Loan, initially created for physicians and teachers, has become available for employees from many professions.


Loan terms:
• Loan currency: AZN, USD
•  Amount: up to USD 5,000 (or AZN equivalent) ;
• Term: up to 24 months;
• Monthly interest rate: 3 %;
• Collateral: not required.

 

 


Necessary documents:
•  ID Card;
•  Workplace reference.


Advantages:
• Quickness of loan acquisition;
• Loans are disbursed for any purpose;
• Minimal documentation required for loan disbursement;
• Favorable interest rates for the loan. 

 
GUARANTEED LOAN
You need an inexpensive loan and need to apply as soon as possible? AccessBank offers loans with favorable terms to residents and non-residents owning deposits in AccessBank.


You get:
• Loan in the amount of up to 80% of your deposit;
• A loan made just for you, with the maximum amount and loan term in accordance with the terms of the deposit;
• Possibility for acquisition of long-term loans based on terms of the deposit. Specifically, the end of the loan repayment plan may be a month before expiry of the deposit agreement (customers having opened a deposit agreement for a 5-years term may acquire loans up to a term of 4 years and 11 months).

 


Advantages:
• Quickness and ease of loan acquisition;
• Loans are disbursed for any purpose;
• Loan disbursement requires only submission of ID Card;
• Favorable terms allowing minimal interest payments for the loan;
• Possibility for provision of third party’s deposit as a collateral;
• Opportunity to acquire parallel loans;
• Preferential terms for long-standing customers. 

 

 
AUTO LOANS
Since June 2007, AccessBank has provided its customers financing for purchasing personal cars. Choosing a car from any car sales center, you may provide your documents to the bank for acquiring auto loans.
Loan amount: up to USD 30,000 (or, AZN equivalent of this amount);

 


Loan terms: up to 36 months;

Interest rate: Annual 18% (up to 36 months);

Loan fees: 1% of the loan amount (no additional expense is required).


Advantages:
• Quickness of loan acquisition;
• Wide range of choice;
• Minimal documentation required;
• Favorable interest rates.