Azerbaijani banks have been allocated new limits for mortgage lending

The Mortgage and Credit Guarantee Fund has once again allocated limits to authorized banks to continue standard mortgage lending in the current year.

As reported by BAKU.WS with reference to Report, the acceptance of applications will begin on November 13 at 15:00.

Citizens are advised to set up their electronic accounts before November 12.

Applications will be accepted through the "Electronic Mortgage and Credit Guarantee" system on the Mygov portal. Citizens will be able to confirm their applications using the SİMA İmza biometric identification function.

In addition, the acceptance of applications within the residual limits formed from subsequently rejected applications will be carried out on Fridays from 12:00.

The application instructions can be found on the Fund's website (www.mcgf.gov.az/storage/Talimat.pdf), as well as in the corresponding section of the Mygov portal.