Requirements:

• Pledge can be any state-registered real estate located in the country (except for villages in the regions), regardless of the branch that issued the loan: apartment, detached house, cottage, trade object.
• The pledge must be in the name of the borrower or first-degree relatives (spouse, parent (as well as adoptive parents), children (also adopted), sister, brother, grandmother, grandfather, husband / wife's parents (as well as guardians)).
• Minimum salary - 500 AZN

Documents:

• Borrower's identity card
• Document confirming the right of ownership of the pledged property (extract);
• Form 1. Certificate of encumbrance from the State Agency for State Property Management;
• Form 2. Certificate of registration from MKIS;
• Pledger's marriage certificate;
• Notarized consent of the mortgagor and his spouse to pledge the property;
• Notarization of the mortgage agreement;
• Copies and IDs of ID cards of persons registered in the mortgaged property.

Effective annual rate of interest (EARI) : min :14 %, max:18 %