Preferential consumer loan to State Employees

The preferential consumer loan is for employees of the state, regional and municipal administrations.

NO application fee


Through a consumer loan of BACB you may finance:

  • Current utility bills;
  • Purchase of furniture, household equipment or household appliances;
  • House or car repairs;
  • Your or your children’s education;
  • Your trips or holidays;
  • Your or your loved ones’ medical treatments;
  • Your family events;
  • Simply making your dreams come true.

And more:

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

Currency: BGN

Maximum amount: BGN 50 000

Maximum term: 10 years ( 120 months)

Collateral –   pledge of salary* 

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

Repayment:

  • annuity monthly installments   
    or
  • decreasing monthly installments

Interest rate (per annum)

Loans for applicants with insurable income of BGN 1 400 and more
4.25% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin
Loans for applicants with insurable income of BGN 800 and more
4.50% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin
Loans for applicants with insurable income below BGN 1 000
5.70% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin

*As of 01.07.2021 the applied rate of the BIR is 0,000

These interest rates are valid for the transfer of salary to a bank account and use of a credit card / opening a deposit "Everythink is OK"

BACB offers a further 0.50% discount on the above interest rates, if you conclude a “Secured Instalment“ Insurance.

Fees and Commissions:

  • No application fee
  • Fee for approval – 1.25% of the loan amount (min 125 BGN)
  • Annual fee for servicing a VISA Classic credit card - BGN 35 /when applicable/
  • Prepayment fee - free of charge.

Calculator

Loan amount in BGN
Term of the loan in months
Interest Rate 4.25%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 4.50%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 5.70%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN

Documents