- Simple procedure;
- No income analysis;
- No age restrictions;
- Opportunity to draw out and repay the principal at your convenience;
- Interest will be charged only on the utilized amount and only for the time of utilization.
- up to BGN 200 000 and
- up to 90% of the deposit
Maximum Term: up to 3 years (36 months)
Collateral: Pledge of financial asset (deposit)
- Principal– the utilized credit limit is automatally paid by all amounts received on the current account;
- Interest – monthly
Annual Interest Rate
* As of 01.01.2019 the value of BIR is 0,000
Fees and commissions:
- One-time application fee and client research fee - BGN 20 ;
- Prepayment fee - free of charge.
Annual percentage rate (APR): 4.64%calculated for a loan of BGN 10 000 with a repayment period of 1 year, an interest rate of 4.10%, an application fee of BGN 20 and BGN 2 monthly fee for maintenance of the current account with debit card.
Total amount repayable: BGN 10 454
The following assumptions have been made when calculating APR on the loan: 1. The loan has been utilized immediately and entirely, and for the entire term of the contract; 2. The interest rate and other expenses remain constant and will apply until the expiry of the term set.