Real estate and vehicle sales will be conducted only via cashless transactions.
Starting from April 1, 2026, the sale of real estate and cars in Uzbekistan will only be conducted through cashless payments. This was reported by Zamin.uz.
According to Deputy Minister of Economy and Finance Ahadbek Haydarov, this change will allow attracting funds amounting to 60-100 trillion soums annually into the banking system. As a result, competition in the credit market will intensify, and interest rates are expected to decrease.
According to Haydarov, if the price of one car is taken as 200 million soums and 100 cars are sold per day, this will bring 20 billion soums into the banking system. If the number of sales reaches 1000, the funds will amount to 200 billion soums.
These figures will increase annually, and cheap credit resources will become available for banks. Additionally, this process will create fierce competition among banks.
Banks will be forced to improve service quality and ease conditions to attract customers. If 20 billion soums circulate in bank accounts daily, these funds will be directed to loans, thereby reducing the cost of credit resources.
According to Deputy Minister of Justice Muzraf Ikromov, approximately 5.4 million notarial actions are carried out annually in Uzbekistan. Of these, more than 320 thousand relate to real estate, and nearly 650 thousand correspond to car sales and purchases.
It should be noted that from April 1, 2026, in Uzbekistan, fuel, alcohol and tobacco products, communal and government services, as well as real estate and cars under 10 years old, will only be sold through cashless payments. Moreover, any goods and services priced above 25 million soums can only be purchased by cashless methods.
This measure will increase liquidity in the banking system while creating favorable conditions for the population and entrepreneurs. This will contribute to the competitive and sustainable development of the economy.
