Dayhanbank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Dayhanbank is a state bank in Turkmenistan offering personal, secured and credit line loans, with interest of 1% to 8% and terms of 36 to 360. It suits borrowers who can gather guarantor and pledge paperwork, and who want a long repayment window rather than a quick one.

Key facts

Best for
Turkmenistan residents planning home improvement work with a guarantor and property pledge.
APR
1% to 8% (Source, checked September 26, 2026)
Loan amount
TMT 20,000 to TMT 300,000 (Source, checked September 26, 2026)
Term
36 to 360 months (Source, checked September 26, 2026)
Arrangement fee
3% of the loan amount for consumer purpose loans issued in cash; 1% for the same loans issued non-cash (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Individuals resident in Turkmenistan apply with a written loan request, identity document, residence and family status certificate, employment income certificate, guarantor consent and guarantor passports, and pledge ownership documents (Source, checked September 26, 2026)
Origination fee (%)
1% to 3% (Source, checked September 26, 2026)
Loan types
Personal, Secured, Credit-line (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
State Commercial Bank of Turkmenistan "Dayhanbank" (Source, checked September 26, 2026)
Headquarters
Turkmenistan (Source, checked September 26, 2026)
Founded
1999 (Source, checked September 26, 2026)
Support channels
Phone (Source, checked September 26, 2026)
Features
Credit line
Official website
dayhanbank.gov.tm

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • A direct lender, so you deal with the bank rather than a broker
  • Interest starts low for the market, at 1% to 8%
  • Terms of 36 to 360 give plenty of room to repay
  • Offers a credit line alongside personal and secured loans

Cons

  • Cash consumer loans carry the higher arrangement fee, with fees of 1% to 3% depending on how the loan is issued
  • Applications need guarantor consent and pledge ownership documents, which narrows who qualifies
  • Support runs on phone only, so help is by phone
Dayhanbank

Ready to try Dayhanbank?

Scored 9.1 / 10 by BorrowCue.

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Who it suits

  • Residents of Turkmenistan applying for a personal loan for home improvement
  • Borrowers with a guarantor and property to pledge who want a long term
  • People who can pay a higher arrangement fee for a cash payout

Who should look elsewhere

  • Borrowers outside Turkmenistan, since applications are open to residents only
  • People who cannot line up a guarantor, because guarantor consent and passports are required
  • Anyone wanting an online application, as applications run on written documents

The company behind it

Dayhanbank is the State Commercial Bank of Turkmenistan, a state bank founded in 1999 and based in Turkmenistan. It lends directly to individuals rather than acting as a broker, covering personal, secured and credit line loans. The listed use case is home improvement. Support runs on phone, so your first call is the route to an application and to any questions about pledge and guarantor paperwork.

How Dayhanbank compares

Where Dayhanbank is available

Available
Turkmenistan

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What interest does Dayhanbank charge on its loans?+

Interest runs at 1% to 8% for the loans it lists, which covers personal, secured and credit line lending. The rate is set by the bank rather than by an outside comparison site. Ask the bank directly for the rate that applies to your own application, since terms depend on the product you pick.

What arrangement fee applies to a Dayhanbank loan?+

Consumer purpose loans issued in cash carry the higher fee, while the same loans issued non cash carry the lower one, so fees run 1% to 3%. If you can take the money through a non cash route, the fee is smaller. Confirm the route with the bank before you sign, because it changes the fee.

How much can I borrow from Dayhanbank?+

Loan amounts run TMT 20,000 to TMT 300,000 on the products the bank lists. That is a wide range, covering smaller personal needs and larger secured borrowing. The amount you are offered will depend on your income certificate and the pledge you can offer, so treat the range as a guide rather than an offer.

How long do I have to repay a Dayhanbank loan?+

Terms run 36 to 360, giving you room to spread repayments over a long window. A long term keeps each payment smaller, though the total cost adds up over more periods. Tell the bank how much you can pay each month and let them match the term to it.

Who can apply to Dayhanbank?+

Applications are open to individuals resident in Turkmenistan. You apply with a written loan request, identity document, residence and family status certificate, employment income certificate, guarantor consent and guarantor passports, plus pledge ownership documents. It is a document heavy process, so gather the papers before you visit.

Does Dayhanbank offer a credit line as well as a loan?+

Yes, a credit line is one of its listed features, alongside personal and secured loans. A credit line lets you borrow as needed rather than taking a fixed sum at once, which suits irregular costs. Ask the bank how the line is drawn down and repaid.

What kind of borrowing does Dayhanbank support?+

The listed use case is home improvement, so the products are aimed at people funding work on a home. Personal and secured loans cover both planned spending and borrowing backed by property. If your purpose is not home improvement, raise it with the bank before you apply.

How do I contact Dayhanbank?+

Support runs on phone, so a phone call is the way in. Since applications need written papers, a call is the quickest place to confirm which certificates and pledge documents the bank wants from you. Keep a record of what you are told to send.

Sources

  • dayhanbank.gov.tm/page/1/bank-barada checked September 26, 2026

    Backs: Founded

    “1999-nji ýylyň 1-nji ýanwarynda Türkmenistanyň 'Daýhanbank' döwlet täjirçilik banky döredildi”

  • dayhanbank.gov.tm/page/21/nyrhnamalar checked September 26, 2026

    Backs: Features, Arrangement fee, Origination fee (%)

    “7.5.2.2 Owerdraft karzy 5,00 manat”

  • dayhanbank.gov.tm/page/7/sahsy-taraplar checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Lender type, Loan types, Term, Use cases

    “Sarp ediş maksatly karzlary ... 100 000 manatdan ýokary bolmadyk möçberinde; Ýaş maşgalalara öý-goş satyn almak üçin karz ... 20 000 manada çenli; Kiçi göwrümli (maldarçylyk üçin) karzlar ... 300 000...”

  • dayhanbank.gov.tm checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels

    “Bitarap Türkmenistan şaýoly 465 j, Aşgabat, Türkmenistan”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check, Funding time, Representative example.

Dayhanbank

Dayhanbank

Turkmenistan residents planning home improvement work with a guarantor and property pledge.

9.1/10See alternatives

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