Travel loan
«Travel loan» – type of a short term crediting (up to 8 months) which enables a borrower to obtain money from the bank for paying off travel expenses during travelling for a work outside of Tajikistan and according to loan contract repay the loan and interests due.
Crediting on the scheme «Travel loan» is done under the following conditions:
| Requirements to the borrower |
1. Age– from 18 to 55 years old, by the peremptory day of repayment of credit for men: 2. Age– from 18 to 50 years old, by the peremptory day of repayment of credit for women: 3. Actual domicile (registration) –in the Republic of Tajikistan. 4. Availability of foreign passport |
| Loan currency | Somoni, USD, Russian roubles, Euro |
| Loan size | From 100 to 800 USD or equivalent in a different currency |
| Loan term | From 1 to 8 months |
| Interest rate | According to the interest policy of the Bank. |
| Loan form | Cash or noncash (at the borrower’s option) |
| Advanced payment | Allowed |
| Fee for issuing loan | According to Tariffs on rendered bank services to the clients of «Agroinvestbank» |
| Source of reimbursing credit | Incomes, received as a result of the labour migrant’s work outside of Tajikistan. |
| Credit security |
Guarantee not less than 2 persons, whose source of income when necessary is sufficient for execution of liability. Golden items; Personal assets. |
| Procedure of loan repayment |
* Annuity (every month, in equal allotment with the account of interest) ** Monthly payment of interests with paying off the main debt at the end of the loan term. |
| Special conditions |
The loan is executed by the servicing bank, located by the place of resident of the borrower; For branches, allocated in remote regions, in case of lack of reference from work place, it is recommended to accept as a security personal assets and conclude a contract about on personal assets security. For transparency of payment it is recommended to use money transfer systems with which «Agroinvestbank» is cooperating. Loan and interests repayment is possible through the money transfer system «Contact». |
For obtaining the credit through the scheme «Travel loan» under the guarantee of physical persons, a borrower must submit to the bank (to loan officer) the following documents:
- Copies of national and foreign passports of the borrower, copies of national passports of guarantees with indication of place of residence;
- Statements about income from the place of work of guarantees;
- Documents certifying place of work of the guarantees (job contract, work record card, reference from human resource department)
- Certificate about assigning Tax identification number (borrower);
- 1 photo of the borrower 3 x 4.
- Copies of national and foreign passports with indication of place of residence;
- Certificate about assigning Tax identification number (borrower);
- 1 photo of a borrow 3 x 4;
- Reference about assessment of golden items.
