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22.03.2010 
azpyceng
Retail banking
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Types of consumer loans
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Introduction
Availing a person an opportunity to use various items in everyday life and at home is important in ensuring that you take the fullest benefits of brilliant moments of the life. On the other hand, day-by-day increase of trust of people in banks in Azerbaijan makes it imperative to establish conditions for the consumer lending.
It is over 15 years that in the area of consumer lending 'Bank of Baku" carries out confident cooperation with over 1600 medium and large service and shopping points in Baku (including the nearby locations), Absheron, Sumgayit, Lenkaran, Ganja and Sheki. Within the framework of this cooperation, large number of persons got the chance to purchase various items, including household goods, mobile phones, computers, furniture and cars.
Furthermore, within its program on consumer financing, the Bank provides loans for tourist trips, education and repair works.

Main distinguishing features of consumer financing program offered by “Bank of Baku”:

Most favorable terms

Loan amount, interest rates, term, and, in general, all conditions of the loan are competitive and are fully aligned to the needs of our clients

Correct budget planning

Convenience in repayment of the loan will let you to duly plan your family budget and to protect yourself from unexpected financial problems

Wide choice

Wide and multi-area relations of the Bank provides an opportunity to purchase almost any good one can imagine, including a wide range of various services

Convenient registration

Documents required to get a loan and documentary procedures will relieve you of unnecessary time loss and problems


Additional information
  • It will take 20 to 30 minutes to have your consumer loan formalized by «Bank of Baku»!
  • Interest is calculated at the reducing basis, i.e. subject to the repayment of the principal amount, monthly interest you pay is also respectively revised downwards
  • To get a loan from the Bank the only documents you need is your identification document and a letter from your place of work. In case of car loan, in place of letter from your place of work, you will have to provide you driver’s license.
  • Your loan account can be paid for in cash and in a non-cash form!

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