Kapital Microcredit Universal

The purpose of the loan is a general purpose micro loan for the self-employed persons.
Collateral requirement - a pledge of motor vehicles or real estate.

Types of collateral:
1. When providing a pledge of motor vehicles:
a. A pledge of passenger motor vehicles, as well as cargo vehicles with a load capacity of up to 1 ton, with an internal combustion engine, produced by manufacturers (and/or under the brands) of Chevrolet (Daewoo, Ravon), Kia, Skoda, Hyundai, BYD, owned /registered for the name of the Borrower, at an agreed base pledge value of not more than 80% of the market value determined by an independent appraisal company*;
b. insurance policy to insure the risk of default on a micro loan in favor of the Bank, in the amount of 120% of the micro loan amount, for the entire period of the loan.

* Motor vehicle requirements:
- Only motor vehicles of models/brands, years of production that are available in the Database of the pledge prices of motor vehicles of the Bank are allowed;
- The maximum allowable amount of a micro loan is set depending on the borrower's region of residence, the region of the borrower's application (to his own region or another region), and the amount of the pledge value of the vehicle (from the ratio of the amount of the micro loan to the pledge value);
- The pledge value shall not exceed 80% of the value indicated in the Price Database;
- Not more than 5 years have passed since the year of manufacture of a motor vehicle.

2. When providing a pledge of the real estate:
a. The pledge of the real estate owned/ registered to individuals at a cost of not more than 80% of the market value determined by an independent appraisal company**;
b. The amount of the micro loan shall not exceed the pledge value of the real estate;
c. insurance policy to insure the risk of default on a loan in favor of the Bank, in the amount of 120% of the micro loan amount for the entire period of the loan.

** The pledge value shall be agreed between the bank and the client in accordance with the requirements of the bank's credit policy, and if the bank's credit committee considers the market value of the real estate to be excessive, it has the right to reduce the pledge value of the property; If the bank's credit committee considers the price of an independent property assessment to be too high, it may require a price reduction.