Mortgage loan is a product intended for the purchase of apartments without a title deed in newly built residential complexes.
Mortgage loans up to 300 000 AZN are issued for a period of up to 20 years with an annual interest rate between 11%.
* Terms might change depending on the partner company.
The borrower must be a citizen of the Republic of Azerbaijan.
The borrower's age must be at least 18 years old, and at most, it should not exceed the retirement age set by legislation at the end of the loan term.
| Maximum amount | 300 000 | |
| Duration | Up to 120 months | From 120 to 240 months |
| Annual interest rate | 11% | 12% |
| Minimum down payment1 | 20% | |
| Security | Pledge of purchased property | |
| Type of payment | Monthly annuity | |
| Commission fee | 1% | |
| AAIR | 9.24% | |
| Fine for delay | No fine | |
1BGN əmsalı 70%-dək olduqda və borcalanın mülkiyətində yaşayış sahəsinin olmamasını təsdiq edən sənəd olduqda – ilkin ödəniş minimal 10%-dək azaldıla bilər.
Note: The mortgage loan is available at the following Bank ABB branches: Sabail, MXD, Sumgayit, Narimanov, Ganjlik, Nasimi, and Binagadi.
A mortgage product is offered to customers who want to buy an apartment in a building built by a construction company that partner with the Bank ABB.
No insurance costs (no property and life insurance).
No demand for customer income.
You can buy an apartment in a building built by construction companies with which is a partner with the Bank ABB.
To familiarize yourself with the construction companies that are partners of Bank ABB, you can visit this link.
According to terms, 1 customer can take max. 2 parallel mortgage loans. The combined amount of the two loans should not exceed AZN 300 000.
There is a sale of villas in the residential complex Sea Breeze (Nardaran). You can buy a villa in that residential complex.
Note: The mortgage loan is available at the following Bank ABB branches: Sabail, MXD, Sumgayit, Narimanov, Ganjlik, Nasimi, and Binagadi.
Amount – 300 000 AZN, Duration – up to 240 months, Interest – 11%-12%
The minimum down payment requirement is 20%. The amount of the down payment may vary depending on the conditions applied by the construction companies.
There is no demand for the customer's income.
There is no guarantee.
There is no requirement for the client's income in mortgage loans.
The customer's expenses are not taken into account when issuing mortgage loans.
There is no need for a guarantor to get a mortgage loan, as the purchased apartment does not have an title deed, the apartment will be owned by the bank after receiving an title deed for the apartment.
No.
