Installment payment
Periods and rates
| Period | Rate | Amount |
|---|---|---|
| 3 months | Interest-free | Any amount |
| 6 months | 17.6% | Any amount |
| 9 months | 25% | Over 200 ₼ |
| 12 months | 33.3% | Over 200 ₼ |
| 15 months | 37% | Over 200 ₼ |
Rules
- After submitting your online application, our credit specialist will contact you via video call within 30 minutes during business hours. Please have your ID card ready during the video call.
- Employment is required, but official employment is not mandatory.
- There must be no overdue payments on loans from banks or other credit institutions.
- There is no longer any need to sign the contract on paper! Simply download the Ferrum Capital app and sign your contract online.
- To apply for installment payments, the total order amount must exceed AZN 100, and the monthly payment must exceed AZN 15.
- Citizens registered in any city or district of Azerbaijan can use this service.
- Installment payments are available only to Azerbaijani citizens aged 20 to 65.
- Installment payment options: 3 months interest-free, or 6, 9, 12, and 15 months with interest.
