Standard Consumer Loan

NO application fee

Annual interest rate

The interest rate on the loan starts at 4.35%

and depends on the insurable earnings of the applicants, transfer of salary to a bank account and use of a credit card / opening an IT’S ALL GOOD deposit.

If you conclude a SECURED Instalment Insurance, BACB offers a further 0.50% discount on the interest rate.

The annual interest rate is variable, based on Base Interest Rate (BIR) for BGN plus a fixed margin. As of 01.07.2022, the applied value of BIR is 0.0 /zero/.

BACB Standard 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!

Collateral   

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

Repayment

• Аnnuity monthly installments or
• Decreasing monthly installments

Fees and Commissions

• NO application fee
• One-off solvency assessment and approval fee – 1.25% of the loan amount (min 125 BGN)
• Annual service fee for VISA Classic credit card - BGN 35 /when applicable/
• NO early repayment charge