Loans | MuganBank

Loans

"Lombard" Credit

Loan amount: min. 300 AZN 
Currency: AZN
Dates: min. 3 months - max. 36 months
Annual interest: 24% - 32% 
Required document: ID
Notarization: not required
Age limit: not taken into account
Guarantors:   not required
Commission: 1% 

 

 

Loan secured by deposit

Loan term: Until maturity of the deposit
Loan amount: Up to 80% of the deposit amount
Annual interest: Annual deposit interest +6% (for example: 9% deposit interest +6%=15%)
Service fee: 1% 

 

 

Business loan secured by gold jewelry

Loan term: Up to 10 000 AZN
Loan amount: Up to 36 month
Annual interest: From 23%
Grace period: 3 month

 

 

Business loan secured by real estate

Loan term: 10 000 to 50 000 AZN
Loan amount: Up to 36 month
Annual interest: From 19%

 

 

Business loan secured by real estate

Loan term: 50 000 AZN and above
Loan amount: Up to 48 month
Annual interest: From 16%

 

 

"SME" card

Business card credit product secured by gold jewelry or real estate subject to amount
Amount: Up to 30 000 AZN
Term: Up to 30 months
Annual interest: 22 to 24%
Other term&conditions: Offered as a 12-month line. Upon maturity of 12 months, the current debt is repaid on an annuity basis within 18 months.