Car finance

Compare three partner banks’ programmes, see the monthly payment and the effective annual rate, and get a preliminary decision online. Terms as of October 2026.

Payment schedule

No	Date	Payment	Interest	Principal	Balance
1	23 November 2026	₼888	₼399.20	₼488.80	₼39,431.20
2	23 December 2026	₼888	₼394.31	₼493.69	₼38,937.51
3	23 January 2027	₼888	₼389.38	₼498.62	₼38,438.89
4	23 February 2027	₼888	₼384.39	₼503.61	₼37,935.28
5	23 March 2027	₼888	₼379.35	₼508.65	₼37,426.63
6	23 April 2027	₼888	₼374.27	₼513.73	₼36,912.90
7	23 May 2027	₼888	₼369.13	₼518.87	₼36,394.03
8	23 June 2027	₼888	₼363.94	₼524.06	₼35,869.97
9	23 July 2027	₼888	₼358.70	₼529.30	₼35,340.67
10	23 August 2027	₼888	₼353.41	₼534.59	₼34,806.08
11	23 September 2027	₼888	₼348.06	₼539.94	₼34,266.14
12	23 October 2027	₼888	₼342.66	₼545.34	₼33,720.80

Show all 60 payments

13	23 November 2027	₼888	₼337.21	₼550.79	₼33,170.01
14	23 December 2027	₼888	₼331.70	₼556.30	₼32,613.71
15	23 January 2028	₼888	₼326.14	₼561.86	₼32,051.85
16	23 February 2028	₼888	₼320.52	₼567.48	₼31,484.37
17	23 March 2028	₼888	₼314.84	₼573.16	₼30,911.21
18	23 April 2028	₼888	₼309.11	₼578.89	₼30,332.32
19	23 May 2028	₼888	₼303.32	₼584.68	₼29,747.64
20	23 June 2028	₼888	₼297.48	₼590.52	₼29,157.12
21	23 July 2028	₼888	₼291.57	₼596.43	₼28,560.69
22	23 August 2028	₼888	₼285.61	₼602.39	₼27,958.30
23	23 September 2028	₼888	₼279.58	₼608.42	₼27,349.88
24	23 October 2028	₼888	₼273.50	₼614.50	₼26,735.38
25	23 November 2028	₼888	₼267.35	₼620.65	₼26,114.73
26	23 December 2028	₼888	₼261.15	₼626.85	₼25,487.88
27	23 January 2029	₼888	₼254.88	₼633.12	₼24,854.76
28	23 February 2029	₼888	₼248.55	₼639.45	₼24,215.31
29	23 March 2029	₼888	₼242.15	₼645.85	₼23,569.46
30	23 April 2029	₼888	₼235.69	₼652.31	₼22,917.15
31	23 May 2029	₼888	₼229.17	₼658.83	₼22,258.32
32	23 June 2029	₼888	₼222.58	₼665.42	₼21,592.90
33	23 July 2029	₼888	₼215.93	₼672.07	₼20,920.83
34	23 August 2029	₼888	₼209.21	₼678.79	₼20,242.04
35	23 September 2029	₼888	₼202.42	₼685.58	₼19,556.46
36	23 October 2029	₼888	₼195.56	₼692.44	₼18,864.02
37	23 November 2029	₼888	₼188.64	₼699.36	₼18,164.66
38	23 December 2029	₼888	₼181.65	₼706.35	₼17,458.31
39	23 January 2030	₼888	₼174.58	₼713.42	₼16,744.89
40	23 February 2030	₼888	₼167.45	₼720.55	₼16,024.34
41	23 March 2030	₼888	₼160.24	₼727.76	₼15,296.58
42	23 April 2030	₼888	₼152.97	₼735.03	₼14,561.55
43	23 May 2030	₼888	₼145.62	₼742.38	₼13,819.17
44	23 June 2030	₼888	₼138.19	₼749.81	₼13,069.36
45	23 July 2030	₼888	₼130.69	₼757.31	₼12,312.05
46	23 August 2030	₼888	₼123.12	₼764.88	₼11,547.17
47	23 September 2030	₼888	₼115.47	₼772.53	₼10,774.64
48	23 October 2030	₼888	₼107.75	₼780.25	₼9,994.39
49	23 November 2030	₼888	₼99.94	₼788.06	₼9,206.33
50	23 December 2030	₼888	₼92.06	₼795.94	₼8,410.39
51	23 January 2031	₼888	₼84.10	₼803.90	₼7,606.49
52	23 February 2031	₼888	₼76.06	₼811.94	₼6,794.55
53	23 March 2031	₼888	₼67.95	₼820.05	₼5,974.50
54	23 April 2031	₼888	₼59.75	₼828.25	₼5,146.25
55	23 May 2031	₼888	₼51.46	₼836.54	₼4,309.71
56	23 June 2031	₼888	₼43.10	₼844.90	₼3,464.81
57	23 July 2031	₼888	₼34.65	₼853.35	₼2,611.46
58	23 August 2031	₼888	₼26.11	₼861.89	₼1,749.57
59	23 September 2031	₼888	₼17.50	₼870.50	₼879.07
60	23 October 2031	₼887.86	₼8.79	₼879.07	₼0

Online application

The preliminary decision comes at once and holds for 10 days. The credit bureau is asked only with your consent.

Your loan

BYD Seal U DM-i 2025. Mərcan Bank, Electric and hybrid: ₼39,920, 60 months, ₼888 a month

What the banks ask

Age: From 20; no older than 65 on the day of the last payment.
Work: At least 6 months in your current job, or a salary card with any bank.
Income: All loan payments together no more than 45% of net income; up to 60% the bank takes a closer look.
Insurance: KASKO is required for the whole term; insurers usually ask 3–6% of the car’s price a year.
Pledge: The car stays pledged to the bank until the loan is repaid; you use it as usual.

The remote-loan rule from 1 October 2026

Under the Central Bank’s amendments of 25 June 2026, a person may ban remote consumer loans in their own name: with one lender, several, or all of them. The ban with all lenders is set through the Azerbaijan Credit Bureau’s Findoc portal, with its Stop-Credit service.

Before lending remotely, a bank checks for a ban in its own system and at the credit bureau. With a ban in place, no loan is signed online. This covers a car loan to a private person signed with SİMA too; it does not cover a contract signed in person at the bank’s desk.

A loan signed remotely is paid out after 2 hours up to twice the minimum wage a day (₼800), and after 24 hours above that. A car loan is usually above that limit: the money reaches us the next day and we hand the car over then.

Sources: an interview with the Central Bank’s market conduct department (Trend, 28 July 2026) and the Azerbaijan Credit Bureau (Report, 8 October 2026). That it covers car loans is our reading.

Questions

Can I repay early?

Yes, none of the three banks charges for early repayment. You pay the remaining principal; interest runs only for the days that have passed.

Is finance available on used cars?

Yes, Bulaq Bank lends on cars from 2018 on that passed our 120-point check. The bank sends no valuer; it accepts our report.

Can a trade-in be the down payment?

Yes. Your old car’s value counts as the down payment; if it is more, we pay you the difference or the loan gets smaller.

How long does a decision take?