Auto credits are given to natural persons to support them in purchasing a transportation facility.

Annual interest rate of the credit: 24% annually

Debtor must be over 22 years old.

Transportation facility being purchased and offered as a pledge should have been operated maximum 5 years. A transportation facility being purchased out of the proceeds of the credit should be pledged as a security for that credit (the pledge agreement should be presented to the bank not later than in one day after it was officially registered). Minimum 30% of the value of the transportation facility being purchased out of the proceeds of the credit and being pledged as a security should be paid by the debtor. Maximum amount of the credit to be allocated for the purchase of a transportation facility is 30,000 US Dollars.

Maximum term of the credit to be allocated for the purchase of a transportation facility is 18 months. Allocation of a credit for a longer term should be coordinated with the Bank's Credit Committee. Repayment of the debt (debt on the credit and interests calculated on this debt) received by a debtor should be carried out by monthly equal payments. Term of a credit to be allocated for the purchase of transportation facility is determined according to the following table depending on the operation term of the transportation facility:

Following documents should be submitted by a debtor to obtain an auto credit:

1. Application with the request to allocate an auto credit;
2. Form for obtaining of an auto credit;
3. Identity Card;
4. Document about the debtor's salary and incomes confirmed by other documents;
5. Certificate on technical examination of the transportation facility to be pledged as the security for the auto credit issued by the State Road Police of the Internal Ministry of AR.;

Following agreements should be executed for allocation of auto credits:

1. A credit agreement concluded between the debtor and the Bank on the allocation of credit facilities to the debtor for the purchase of a transportation facility (using the form attached);
2. Purchase and sale agreement for the transportation facility;
3. An agreement on charging the transportation facility purchased out of the proceeds of the credit with pledge as the security for the obligations under the credit agreement (using the form attached);
4. 1 year insurance agreement for the full amount of the transportation facility charged with pledge.