Municipal Bank PLC

No monthly principal repayments;
Possibility for additional account balance of double the amount of the monthly income.

Currency	Bulgarian Leva
Size	BGN 10 000 2 average monthly net salaries, but not more than BGN 10 000
Term	1 year (12 months)
Annual interest rate	from 8.20% - variable interest rate
Fees and commissions	for creditworthiness and collateral analysis – from BGN 30 to BGN 50 depending on the loan size
Collateral	Pledge on future receivables from employment and legal relationships equated thereto on a current account with a debit card issued; Pledge on cash receivables on bank accounts.
Age of the loan applicant	Min. 23 years as of the date of the loan decision. Max. 65 years as of the date of loan repayment.
Repayment	The repayment shall be made using all receipts to the service account, with a revolving option up to the agreed credit limit.
Required documents	Statement - Request for a bank consumer loan; Identity document of the loan applicant, joint debtor, third obligated parties; Official income certificate, etc. documents proving the income; Employer's consent to transfer remuneration to a current account at Municipal Bank AD; Statement of economic connectivity of the individual to other persons; Other documents at the Bank's discretion.