Standard consumer loan

No application fee for a period from March 18, 2019 to September 18, 2019

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 2 000 and more
4.85% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin
Loans for applicants with insurable income of BGN 1 400 and more
5.05% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin
Loans for applicants with insurable income below BGN 1 400
5.95% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin

*As of 01.07.2019 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

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% of the loan amount (min 100 BGN)
  • Prepayment fee - free of charge.

 

Calculator

Loan amount in BGN
Term of the loan in months
Interest Rate 4.85%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 5.05%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 5.95%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 4.35%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 4.55%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 5.45%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN

Documents