- Simple procedure;
- No income analysis;
- No age restrictions;
- For each new borrower - FREE registration at BACB Plus, the first virtual bank in Bulgaria.
Currency: BGN, EUR*
*If the loan’s currency is different than the currency of the pledged deposit, the loan is provided in BGN only.
- up to BGN 200 000 or their equivalence in the respective currency
- up to 90% of the deposit.
Maximum Term: up to 3 years (36 months)
Collateral: Pledge of financial asset (deposit)at BACB.
- annuity monthly installments
- a one-time payment of the principal on maturity date of the loan and monthly payment of interest due
- decreasing monthly installments
Annual Interest Rate
for BGN loans4.10% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin
for EUR loans4.00% floating interest rate, based on 6 month EURIBOR** plus fixed margin
The interest rate is valid only if all deposits serving as a collateral are "standard" according the Interest Rate Bulletin of the bank. The fixed allowance is increased by 1%, even if only one of the deposits used as collateral is different from the "standard" according the Interest Rate Bulletin of the bank
*As of 01.01.2019 the applied rate of the BIR is 0,000
**As of 01.01.2019 the value of 6 month EURIBOR 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):
- 5.13%calculated for a loan secured by a standard deposit of BGN 10 000, repayment period of 3 years, 5,75%, interest rate, application fee BGN 70 and BGN 2 monthly fee for maintenance of the current account.
Monthly installment: BGN 295.68
Total amount to be returned: BGN 10 786.66
- 6.18%, calculated for a loan secured by a promotional deposit of BGN 10 000, repayment period of 3 years, 5.10%, interest rate, application fee BGN 70 and BGN 2 monthly fee for maintenance of the current account.
Monthly installment: BGN 300.16
Total amount to be returned: BGN 10 947.69