PROMO OFFER

PERSONAL LOAN 


Interest rate from 4,99% 

We offer you > Eligibility > How to apply >

We offer you

 

PROMO Interest rate - min. 4.99% till 31.12.2018


 Credit approval - within 2 hours!


 Bonus credit card with 0% interest rate for the first 6 months, no yearly support fee for the first year, up to 60 days interest-free period. 

 

Loan purpose

 Education financing

 Purchase of car

 Purchase of furniture

■ Current utility bills

■ House or car repairs

■ Medical financing

Other

Maximum amount

BGN 50 000 or its equivalent in euro

Minimum amount

BGN 500 or its equivalent in euro

Annual interest rate - variable

Minimum 4.99%

The promotional offer is valid for all new applications till 31.12.2018 in BGN and for a repayment period up to 7 years. In case the repayment period is longer than 7 years the interest rate starts from 5.50%.


It is set individually for each credit applicant depending on his income, liabilities, credit history and the parameters of the requested loan. 

 

The annual interest rate is variable, formed by the Reference Interest Rate of the Bank (RIR) + a fixed premium.

 

The maximum size of APR (Annual Percentage Rate) for this product is 13.22% for a credit amounting to BGN 500 with a transfer of salary for a term of 1 year.

Maximum repayment period

7 years

10 years for balance consolidation loans

Minimum repayment period

1 year

Repayment plan

in equal monthly installments

Flexible Terms 

 Loan with guarantor/s

 Loan with a salary transfer requirement

■ Credit with a salary transfer and a guarantor/s

Approval

Within 2 hours

Fees

■ Loan application and credit approval fee: 1.00% of the approved loan amount (max. 350 BGN / 180 EUR) payable after conclusion of the loan agreement.

 

No prepayment fee 


■ Fee for opening a bank account 1.00 BGN and monthly fee for maintainance 1.20 BGN

Additional Services

 An option for a life insurance - covers your monthly payments in case of unexpected circumstances. The life insurance is per the client's request and paid by the customer. 

 

 Bonus credit card with 0% interst rate for the first 6 months, no yearly support fee for the first year, up to 60 days interest-free period

Granting of the loan

 The credit shall be granted within the same business day following the conclusion of the loan agreement

Necessary Application Documents

 For the Borrower: Employer Declaration

 For the Guarantor(s): Guarantor Verification

 Depending on your risk profile, additional documents and/or guarantor(s) might be required


Representative example for a loan with a salary transfer  

Repayment period

7 years and interest rate starting from 4.99%

10 years and interest rate starting from 5.50%

Loan amount (BGN)

Monthly installment

Monthly installment

5 000

70.65

54.26

10 000

141.29

108.53

20 000

282.58

217.05

30 000

423.88

325.58

50 000

706.46

542.63

AER (Annual Expense Ratio) for this product 5.85% for a credit amounting to BGN 50 000 with a transfer of salary for a term of 10 years with a variable annual interest rate of 5.50% with a one-off fee for processing the loan application and approval of credit transaction: 350 BGN, 1.00 BGN fee for opening a bank account and a monthly fee for maintainance 1.20 BGN. Total amount due, including fees and interest - BGN 65 610.94 at a monthly installment of BGN 542.63.


Eligibility  How to apply