The RoyalBank offers the following kinds of loans to individuals and families:

AUTOMOBİLE LOANS

Purchase the car you need or dream about without waiting years to save up the money.  Whether the car is new or used, your first car or a replacement, The RoyalBank will finance up to 80% of the cost and allow you to repay it over two years.

Requirements to qualify include:

• you must be a citizen of the Azerbaijan Republic
• you must have a stable income.
• the annual percentage rate of the loan is 28%

The following documents are needed:

• proof of insurance
• personal guarantee
• registration with the State Traffic Police
• identity card of borrower
• customs declaration
• receipt from the seller

PERSONAL LOANS

Personal loans are available for any legitimate purpose or need, as long as you have a stable income sufficient to repay it.  Terms, conditions, and necessary documents vary according to the purpose of the loan, so please inquire at any office of The RoyalBank about your need for:

• furniture
• computer
• repairing or refurnishing your home
• vacation
• other miscellaneous purposes

At a minimum, you need to be a citizen of the Azerbaijan Republic, reside in Baku, and bring your identity card and a reference from your employer.

CREDIT CARDS

Depending upon your needs and lifestyle, one of our four types of Visa credit cards may provide the ultimate combination of convenience and flexibility.  Visa cards are accepted at millions of merchants around the world, and are much safer than carrying cash.

The authorized line of your card will depend on your income, assets, and planned uses of the card.  General conditions for approval include:

• the debtor must be at least 22, and less than 60, years old.
• credit lines are from 500 to 5000 AZN/USD
• average monthly salary of the debtor must not be less than 200AZN.
• credit is given for up to 12 months.