Kumushkon Residence mortgage
Your Home in the Kumushkan Mountains — a Place for Living, Relaxation and New Experiences
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Maximum loan amount
Credit rate
Loan term
Down payment
Get a consultation or submit a preliminary application on the website
Choose a property and enter into a sale and purchase agreement with the property developer
Submit the required documents to the Bank, sign the loan agreement and receive the loan proceeds
Passport or ID card
Documents or electronic records confirming income
Sale and purchase agreement for property in the Kumushkon Residence complex concluded with the contracting organisation
For purchases made through an auction — documents confirming the successful bid and payment
Cadastral documents and documents confirming ownership rights to the property
Loan security documents
The loan is available to citizens of the Republic of Uzbekistan aged between 18 and 60 inclusive on the application date.
SMS
Send an SMS to 2500
At the Bank
At any Bank office
By Card
Via the SQB Mobile application
pre-application?
This application has an introductory function to determine the creditworthiness of the payer and is not an offer contract. By completing the application, you will receive a preliminary decision from the bank on the issue of the mortgage.
Loan Purpose:
Purchase of property in the Kumushkon Residence complex, located in the Oltinbel recreation area in Kumushkon, Parkent District, Tashkent Region, including through auction.
Maximum Loan Amount:
Up to UZS 5 billion.
Down Payment:
At least 25% of the property value.
Interest Rate:
18% per annum
Grace Period:
Up to 6 months.
Loan Term:
Up to 15 years.
Repayment Schedule:
Annuity or declining-balance.
Source of Funding:
The Bank’s own and borrowed funds.
Loan Security:
Mortgage over the property purchased with the loan proceeds.
Security Requirements:
- The loan-to-value ratio must not exceed 75%.
- The value of the security must be at least 133.3% of the loan amount.
The insurance agreement and insurance policy must remain valid throughout the entire loan term.
Additional Terms:
The property may also be purchased through auction.
Following the Bank’s approval, the down payment must be deposited into a Kafolat-3 savings account in the national currency. If the down payment is transferred directly to the contracting organisation’s account, supporting documentation must be provided before the loan is disbursed.
Under the cooperation agreement, part of the interest payable on the mortgage loan may be compensated by the partner organisation.
- An identity document, which may be submitted digitally through the Unified Portal of Interactive Public Services.
- Documents or electronic records confirming income.
- Sale and purchase agreement for property in the Kumushkon Residence complex concluded with the contracting organisation.
- For purchases made through an auction — documents confirming the successful bid and payment.
- Cadastral documents and documents confirming ownership rights to the property.
- Loan security documents.
The Bank may request additional documents in accordance with applicable law.
Notarial fees for executing the property sale and purchase agreement;
Costs associated with preparing cadastral documents and registering ownership rights;
Costs of insurance against the risk of loan default, if required.
Issued for the purchase of apartments from the primary market
Make everyday payments using the convenient app
Application sent Last updated date: 16.10.2026 11:19
