Uzbekistan introduces a limit on online loans: no more than one loan per day

Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan is introducing a restriction on obtaining online loans, limiting borrowers to no more than one loan per day. The relevant provisions are set out in a new procedure aimed at strengthening information and cybersecurity in the remote provision of financial services to the public and preventing fraud in the lending sector.

The Ministry of Justice, together with the Central Bank, has registered the Regulation on Minimum Requirements for Ensuring Information Security and Preventing Fraudulent Operations in the Remote Provision of Financial Services to Individuals. The document was registered on 21 January 2026 under No. 3759.

Under the approved requirements, when an application for an online loan is submitted, a credit institution must first verify the applicant’s details against the register of persons prohibited from entering into credit agreements. If no information about the applicant is found in this register, the application proceeds for consideration in accordance with established procedures.

At the same time, a mechanism is being introduced to prevent the simultaneous issuance of multiple online loans. If credit bureaus receive requests from several credit institutions at the same time for the same personal identification number of an individual (PINFL), only the first request in chronological order will be accepted and processed.

If the credit institution that submitted the initial request confirms the issuance of an online loan under the given PINFL, the credit bureaus will notify the other credit institutions that requests under this identifier cannot be accepted for the subsequent 24 hours.

The introduction of these measures is intended to reduce the risks of excessive debt burdens on the population, protect citizens’ rights, enhance the stability of the financial system, and prevent fraudulent schemes in the remote issuance of loans.