The state may compensate part of the interest on car loans for electric vehicles.
Compensation will be provided to individuals who are recognized as creditworthy and have no overdue loan debt.
The government is considering partially subsidizing interest rates on car loans for electric vehicles.
A draft government resolution regulating the mechanism for compensating a portion of the interest expenses on loans issued for the purchase of electric vehicles has been submitted for public discussion.
According to this resolution, beginning August 1, 2026, individuals purchasing new electric vehicles priced up to 1,000 BRV will be eligible for partial compensation of their interest expenses on car loans. These loans must be provided by commercial banks for amounts up to 300 million soums. The compensation will apply for the first two years at a rate exceeding 16 percent, but not by more than 8 percentage points.
Funding for the compensation will be provided from additional sources in the national budget in 2026, and in subsequent years from funds allocated within the state budget. Individuals deemed creditworthy and with no overdue debt on any loans are eligible for compensation.
When applying for a car loan at a bank, the applicant must clearly indicate their desire to receive compensation in the application. The bank, in turn, will verify the applicant's compliance with the established terms and conditions and decide whether to grant or deny the loan.
The loan agreement between the bank and the borrower must provide for the allocation of compensation and specify its amount.
Compensation payments are terminated in the following cases: