Preferential Consumer Loan

The preferential consumer loan is aimed at civil servants 

• NO application fee

• Discount on the solvency assessment and approved fee for refinancing loans from other banks and financial institutions

Annual interest rate

The interest rate on the loan starts at

5.25%

and depends on the insurable earnings of the applicants, the salary transfer to a BACB account, the use of a credit card / opening IT'S ALL GOOD Deposit and the conclusion a SECURED Instalment Insurance.

The annual interest rate is variable, based on 6-month EURIBOR for EUR plus a fixed margin. As of 01.01.2024, the applied value of 6-month EURIBOR is 0.2780

BACB revolving consumer loan enables you to finance utility bills; to purchase furniture, electronics, household equipment and appliances; to renovate your home or repair your car; to surprise a loved one; to visit your dream destination or simply make a dream come true!
Each new borrower gets a FREE registration for Remote banking BACB Online/BACB Mobile.

Collateral

Pledge of salary* 
*  At the discretion of the Bank a Guarantor may be required, too.

Repayment:

• Annuity monthly installments or
• Decreasing monthly installments

Fees and Commissions:

• NO application fee

• One-off solvency assessment and approval fee:
  - 0.50% of the loan amount (min 100 BGN) – for refinancing loans from other banks and financial institutions
   – 1% of the loan amount (min 100 BGN) – for a new loan

• Annual service fee for VISA Classic credit card - BGN 35 /when applicable/
• No early repayment charge