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Types of cash loans

 

«Bank of Baku» provides cash loans in the following categories of clients:

 

Campaign conditions For the clients with positive credit history For Bank`s partners For the employees of «Education» and «Health» enterprises
Amount 300 - 4500 USD (If the loan amount exceeds 2500 USD, will require the guarantor. The guarantor must provide proof of employment and not expired ID.) 300-3500 AZN (If the loan amount exceeds 1000 AZN, will require the guarantor. The guarantor must provide proof of employment and not expired ID.) макс. 2500 USD (If the loan amount exceeds 1500 USD, will require the guarantor. The guarantor must provide proof of employment and not expired ID.)
Term 12-24 months 6, 12, 18 and 24 months 3-18 months.
Interest rate 28-30% % 32 per annum 32-36%
Workplace - Employees of Partner companies employees of «Education» and «Health» enterprises
Commission Comissions fee:
  • 3-12 months - 4% from credit line (min. 25USD)
  • 13-24 months - 6% from credit line (min. 45USD)
Cash withdrawal fee:
  • %1 from credit amount
Cards Service Fee :
  • 6 months - 15 AZN
  • 12 months. - 20 AZN
  • 18 months - 30 AZN
  • 24 months - 35 AZN
fee for service credit line:
  • 6 months - 1,0%
  • 12 months - 2,0%
  • 18 months - 3,0%
  • 24 months - 4,0%
Repayment commission:
  • 0.20 % from the loan amount (min. 1 AZN)
Comissions fee:
  • For credit -%4 from credit amount (min.USD 25)
  • Cash fee – %1 from credit amount (min.USD 7)
Required documents
  1. Indentification card
  2. Reference
  1. Indentification card
  2. Reference
  1. Indentification card
  2. Reference
Work experience - min.6 months min. 3 months (for last working place)
Age of applicant 20 -70 20 – 65 20 – 65



  «Cash loan» credit campaign
  For the employees of partner companies
  For the employees of Education and Health sectors
  List of the partners