Mulk-ulushdor mortgage
Purchase of a residential unit in an apartment building under construction under a shared construction (equity participation) agreement — limited to projects covered by a cooperation agreement with the Bank.
Loan amount
Interest rate
Term of loan
Initial payment
Get advice or make a preliminary application on the website
Deliver the necessary documents to the nearest bank office
Receive payment by signing a loan agreement with the bank
Passport or ID card
Equity participation agreement in construction
Proof of income (salary, pension, individual entrepreneurship, etc.)
Documents on security
The loan is granted to citizens of the Republic of Uzbekistan aged between 18 and 60 with official employment.
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.
Purpose of the loan:
Financing of equity participation in the construction of multi-family housing - for facilities for which a general financing agreement has been concluded with the bank.
Maximum loan amount:
Tashkent city — up to UZS 1.5 billion
Republic of Karakalpakstan and other regions — up to UZS 800 million
Initial payment
Not less than 20% of the property value.
Grace period
Up to 12 months on a differential schedule
Payment schedule
Annuity or differentiated method
Maximum loan repayment period
20 years
Source of financing
The Bank’s own and attracted funds
Credit security
Prior to registration of the mortgage on the purchased residential property (during the construction period and before registration of ownership rights), one or several of the following types of collateral may be accepted:
Credit default risk insurance policy;
Guarantee of an individual and/or legal entity;
Additional pledge of immovable property.
Collateral requirements:
Loan-to-Value (LTV) ratio — not exceeding 80% (collateral coverage not less than 125% of the loan amount).
For affiliated persons of the Bank — collateral coverage not less than 130%.
After commissioning of the property and registration of ownership rights, the purchased residential property shall be pledged as a mortgage by operation of law.
LTV ratio — not exceeding 80%.
Additional conditions
The loan is provided only for properties covered by a cooperation agreement with the Bank.
Upon a positive underwriting decision, the down payment shall be placed in a “Kafolat-3” deposit account or transferred directly to the developer with payment confirmation.
The borrower must not have any current overdue credit obligations.
Maximum debt burden ratio (DBR) of the borrower and co-borrowers — not more than 50%.
The product does not apply to individuals receiving a mortgage subsidy.
Citizen of the Republic of Uzbekistan;
Aged 18–60 at the time of application;
Sufficient and documented source of income;
No current overdue debt;
Debt burden ratio — not exceeding 50%;
Credit history for the last 24 months is subject to review.
Age, income, and debt requirements are identical to those established for the primary borrower
Individuals:
- Income credited to a bank card/account for the last 6 months;
- Information from the State Tax Service;
- Income declaration.
Income is considered net of taxes.
Identification document (in electronic form via YalDXP where applicable).
Income information for the last 6 months (may be obtained electronically by the Bank).
Where applicable — certificate confirming self-employed status.
Shared construction (equity participation) agreement.
In case of purchase through auction — documents confirming auction award and payment.
Collateral documents (including an independent valuation report where required).
The Bank reserves the right to request additional documents in accordance with applicable legislation.
Application sent Last updated date: 05.03.2026 10:43
