The "Asia Loan - loan to citizens of the CIS" application is an application for recording and managing your loans and borrowings. Asia Loan is a migrant service for CIS citizens. Helps you choose a loan at a favorable price and effectively monitor your debt status, payment dates, interest rates and other information about the loan for migrants. The built-in financial advisor will answer any financial questions.

Loans are available to citizens of Russia, Tajikistan, Uzbekistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Armenia, Georgia, as well as citizens of Belarus if they receive a loan again, from 18 to 75 years inclusive.


The main functions of the application "Asia Loan - credit to citizens of the CIS":

1. Accounting for loans and credits:
Specify the loan amount, interest rate, term and other parameters.
Automatic update of data on debt and payment schedule.

2. Payment reminders:
Convenient reminders for upcoming payments so you don't miss the due date.
Visualization of the payment schedule.

3. Analytics on loans and credits - migrant service
Tracking the dynamics of payments.
Detailed charts and reports on the status of your credit.
Tips for reducing overpayments.

4. Financial advisor for loan selection:
Answers to popular questions related to finance, credit and debt. For example: is it worth taking out a loan for a patent in Asia loan?

Personal recommendations on refinancing, early payments or choosing suitable loan products: Tezfinance, M Bulak, Baibol, Migcredit, Baraka Loan

EXAMPLES OF USE:

• Do you want to know how much is left to pay on your loan from Corona Loan or Asia Credit and when is the next payment? The application will show this information on the main screen.

• Find the most suitable loan for foreign citizens in Russia? A financial advisor will offer options for early repayment or refinancing.

• Do you forget about payment dates? In the Migrant Loan application, reminders a few days before the due date will help you avoid fines.

Who is the Asia Loan application suitable for - credit to citizens of the CIS?
• Migrants, citizens of Russia, Tajikistan, Uzbekistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Armenia, who have an online loan or loans and want to keep records of them.


Credit conditions.
– Minimum loan term: 61 days
– Maximum loan term: 84 months
– Minimum amount: 10,000 rubles
– Maximum amount: 3,000,000 rubles
– Minimum annual interest rate: 4.99%
– Maximum Annual Percentage Rate (APR): 27%
– Minimum age to receive a loan: 18 years
– Maximum age for receiving a loan: 85 years
– Minimum and maximum debt repayment period: 61 days - 84 months

An example of calculating the payment amount for a borrower who wants to borrow 300,000 rubles from the bank. at 10% per annum for 3 years:

– Principal amount: RUB 300,000. 00 kop.
– Overpayment: RUB 48,485. 62 kop.
– Total amount of payments: RUB 348,485. 62 kop.
– Monthly payment amount: 9680 rub. 16 kopecks
Conditions and terms of loans:
— The minimum loan repayment period is 61 days;
— The maximum loan repayment period is 365 days;
— No hidden fees, charges or unexpected expenses.

Loan interest rate:
— Minimum annual interest rate – 0%;
— The maximum annual interest rate is 36%.

How is the cost of using a loan calculated:
The interest rate on the loan for the first 15 days (interest-free period) is 0% per day (0% per annum), for the next 165 days a floating interest rate is applied (from 0% to 36% per annum).

Loan calculation example:
Amount to be returned = Loan Amount + Overpayment Amount, where Overpayment Amount = Loan Amount * Loan Period * (Rate in % / 100).
There are no additional fees.

An example of calculating the interest rate of a loan of 15,000 rubles for a period of 100 days:
The full cost of the loan is 36% per annum.
The amount of accrued interest for 100 days of using the loan (36%) is 1,470 rubles.
Refund amount: 15,000 + 1,470 = 16,470 rubles.