Uzbekistan’s Kapitalbank is offering mortgage refinancing at 21% per annum with the option to extend the loan term up to 10 years.
The program allows borrowers to transfer their mortgages from other banks to Kapitalbank and reduce their interest rate. For instance, a loan issued at 24–25% per annum can be refinanced at 21% per annum. The new loan term can run up to 10 years, even if less time remains under the original agreement.
Key terms include a loan amount of up to 1 billion soums, a term of up to 10 years, and an interest rate of 21% per annum. The loan is available to Uzbekistan residents, including the self-employed. Applicants must have a positive credit history and no overdue payments. The program applies only to residential purchase mortgages and excludes loans issued under Ministry of Economy and Finance programs.
