Consumer loan

0700 1 58 85
02/93 00 181 - phone number for 24/7 contact with the bank's cardholders
02/93 00 181
phone number for 24/7 contact with the bank's cardholders
Exchange Rates
25.6.2024
Buy Sell BNB
Fixed Rate
EUR 1.94620 1.96000 1.95583
USD 1.78308 1.86008 1.82277
CHF 2.00236 2.08236 2.04030
GBP 2.27195 2.35195 2.30831
All exchange rates

Advantages

  • Free„Life insurance“

Parameters

Currency BGN and EUR
Size up to BGN 50 000 /EUR equivalent
Term up to 10 years (120 months)
Annual interest rate from 6.50% from 2.50% (variable interest rate)
Fees and commissions
  • for creditworthiness and collateral analysis- from BGN 20 to BGN 320 depending on the loan size;
  • for renegotiation of terms - 1% of the outstanding principal.
Collateral
  1. Pledge on future receivables from income payments on an account with the Bank;
  2. Pledge on receivables from cash held in an account with the Bank;
  3. Suretyship by individuals at the Bank’s discretion.
Age of the loan applicant Min. 20 years as of the date of the loan decision.
Max. 65 years of age on the loan repayment date.
Repayment Repayment schedule with equal (annuity) or decreasing monthly payments
Required documents

Representative example

Loan size Interest rate APR Term Monthly installment Number of installments Total loan costs Total amount due
BGN 15 000
* in case of transfer of the entire monthly remuneration
7.00% 7.67% 10 years BGN 174.16 120 BGN 6 169.60 BGN 21 169.60
BGN 15 000
* in case of transfer of the monthly repayment amount + 100 лв.
8.00% 8.75% 10 years BGN 181.99 120 BGN 7 109.11 BGN 22 109.11

Fees, commissions and other costs included in the total loan costs:

  • Annual interest rate – 7.00% (in case of transfer of the entire monthly remuneration) and 8.00% (in case of transfer of the monthly repayment amount +BGN 100) - variable interest rate (Methodology of Municipal Bank AD for the formation of a variable interest rate on loans granted to individuals);
  • one-time creditworthiness and collateral analysis commission – BGN 250

The example was prepared for a loan repayable in annuity installments