Consumer Loan „My Green Home“

Consumer loan “ My green home” is intended to fund:

  • Purchase and assembly of energy efficient windows;
  • Insulation of walls, roofs, and floors;
  • Energy efficient biomass boilers andsystems;
  • Solar water heaters and systems;
  • Energy efficient gas boilers, gas installations and facilities;
  • Purchase and installation of cooling and heating heat pump systems;
  • Building-Integrated photovoltaic systems;
  • Gasification installations and central heating systems;
  • Recuperativeventilation systems.

And more:

  • For each new borrower - FREE registration at BACB Plus, the first virtual bank in Bulgaria.

Currency: BGN

Maximum amount: up to BGN 20 000

Maximum term:

  • up to 7 years (84 months) for loans up to BGN 10 000 
  • up to 10 years (120 months) for loans from BGN 10 001 to BGN 20 000

Collateral:

Secured by salary anda guarantor:

  • Secured by salary and NO guarantor for a loan up to BGN 5 000;
  • Secured by salary and one guarantor for a loan from BGN 5 001 to BGN 15 000;
  • Secured by salary with two guarantors for a loan from BGN 15 001 to BGN 20 000

Guarantee (not secured by salary):

  • one guarantor for a loan up to BGN 10 000;
  • two guarantors for a loan from BGN 10 001 to BGN 20 000.

Repayment: by annuity monthly installments.

Interest rate (per annum)

With transfer of salary
8.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period up to 7 years 9.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period more than 7 years
Without transfer of salary
9.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period up to 7 years 10.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period more than 7 years

*As of 01.07.2019 the applied rate of the BIR is 0,000

Fees and Commissions: 

  • One-time application fee and client research fee - BGN 70 payable in two stages: 
    - Upon submission of documents–BGN 20;
    - Upon signing the contract – BGN 50.
  • Prepayment fee - free of charge.

Annual percentage rate (APR): 9.38%, calculated for a loan of BGN 20 000, repayment period 5 years, 8.65% floating interest rate with transfer of salary, application fee BGN 70 and BGN 1.50 monthly fee for maintenance of the current account.

Monthly installment: BGN 411,78

Total amount to be returned: BGN 24 893,68

Calculator

Loan amount in BGN
Term of the loan in months
Interest Rate 8.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 9.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 9.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 10.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN

Documents