Purpose: To cover tuition fees for full-time programs at universities, secondary specialized, and professional educational institutions in Uzbekistan.

Currency: Uzbekistani Sum (UZS)

Interest Rate: 13.5% (aligned with the Central Bank of Uzbekistan's rate)

• For female students on a paid-contract basis, the interest is subsidized to 0% by the Educational Credit Fund under the Ministry of Finance.

• If the Central Bank's base rate decreases, the loan's interest rate will proportionally decrease; however, it remains unchanged if the base rate increases.

Loan Term: Duration of the study program plus 6 months, followed by an additional 7 years for repayment.

Grace Period: Covers the entire study period plus 6 months post-graduation.

Loan Amount:

• First-Year Students: Covers 100% of the tuition fee.

• Second-Year and Above: Loan coverage is based on the Grade Point Average (GPA):

  • GPA below 3.0: Up to 80% of the tuition fee, with the student responsible for the initial 20% payment.

  • GPA of 3.0 or higher, or students from families listed in the "Unified Social Protection Register": Eligible for a loan covering 100% of the tuition fee.

Repayment Method: Differentiated payments.

Disbursement: Funds are transferred directly to the educational institution's account.

• For subsequent academic years, the loan amount is adjusted based on the updated tuition fee, formalized through an addendum to the original loan agreement.

Collateral:

• For loans up to 150 times the base calculation amount: Personal guarantor and/or insurance policy.

• For loans exceeding this amount: Collateral in the form of property.

• Collateral requirements and the client's solvency are assessed annually.

Citizenship: Citizen of the Republic of Uzbekistan.

Age: Under 60 years at the time of application.

Income: Stable income from sources such as salary, pension, dividends, rental income, or other legally documented earnings sufficient to cover monthly interest and principal payments as per the repayment schedule.

Identification: Passport or valid ID; if a military ID is provided, a passport copy is also required.

Income Verification: Income documentation (electronic data obtained by bank staff through the bank's system).

Educational Contract: Agreement between the student and the educational institution specifying the duration and cost of the program.

Academic Performance: For students beyond the first year, a GPA certificate from the "Higher Education Process Management" information system (HEMIS) or an official transcript from the institution.

Payment Confirmation: Receipt or proof of payment for the initial 20% of the tuition fee, if applicable.

Collateral Documentation: Documents supporting the collateral provided, including an independent appraisal report if necessary.

Social Protection Status: Certificate confirming inclusion in the "Unified Social Protection Register" for eligible students.

Additional Documents: Other documents as required by law and the bank's internal policies.

You can explore our loan products on our website and submit an inquiry online. Alternatively, you may visit the nearest branch to receive personalized assistance and apply in person. Our loan specialists are available to guide you through every step of the application process.

To qualify for a loan, applicants must meet the following criteria:

• Be of legal age.

• Have a verifiable and stable source of income.

• Maintain a positive credit history with no overdue debts or negative records with financial institutions.

Specific requirements may vary depending on the loan product. Please review the terms and conditions for details.

Loan processing times vary depending on the product type and individual assessment. However, we strive to provide a decision as promptly as possible, typically within a few business days.

The loan term is determined based on the selected loan product and the applicant’s financial profile. Please refer to the specific product terms for exact details.

Interest rates are calculated based on multiple factors, including the loan type, loan term, and applicant’s credit profile.

Yes, early repayment is allowed without penalties. Paying off your loan ahead of schedule may reduce the total interest paid over the loan term.

You can monitor your loan status through the following channels:

• The BRB mobile banking application.

• Your personal account on our website.

• Visiting any of our branch locations.

• Contacting our customer service center at 1254.

Missing a payment may negatively impact your credit score and result in late payment fees. If you anticipate difficulties in making a payment, we strongly recommend informing the bank in advance to discuss possible solutions.

• Annuity Payments – Fixed monthly payments remain consistent throughout the loan term. Initially, a larger portion covers interest, while the principal repayment increases over time.

• Differentiated Payments – Monthly payments decrease over time as the principal portion remains fixed while interest is calculated on the outstanding balance. Payments are higher at the beginning of the loan term and gradually decrease.

Yes, obtaining a second loan is possible; however, approval is subject to an evaluation of your credit history, debt-to-income ratio, and overall financial standing.

📌 For detailed terms and conditions or further assistance, please visit the nearest branch or consult with our loan specialists.