Young people who have crossed the age of majority strive to be financially independent. Many of them require borrowed funds, which you can borrow from the bank. Not all institutions provide loans from the age of 18, and if they give out, but not on favorable terms. In this case, it is better to contact Sberbank of Russia. They provide optimal conditions for all customers. But first you need to find out how many years give a loan at Sberbank.
Age restrictions
Younger borrowers may face the following restrictions:
- the main problem of the age from 18 to 21 is the lack of stable earnings. And because of this, the bank may refuse to provide a loan;
- no less important reason is the lack of credit history, since it establishes the responsibility of the payer. Young people do not fully understand what signing a loan agreement means.
Often a Sberbank gives out a passport loan. In addition, other documents may be required, therefore, obtaining a loan will not be so difficult. Usually you need to take a certificate of income, which confirms the official structure and size of earnings. How many years have they been giving loans at Sberbank? Young people can be treated from 18 years old.
Bank offers
If you are interested in how to get a loan from Sberbank, you need to familiarize yourself with the programs. An institution for people of different age categories makes its proposals. The bank has programs for senior citizens, students, young families.
The advantage of services is the issuance of money for any needs, for example, for the purchase of housing, consumer purposes. Whether a loan will be issued from the age of 18 or not is determined by many factors. It depends on the availability of work, guarantors.
Program selection
Sberbank offers many programs that differ in terms of the provision of funds. The client only needs to make his choice. The following types of loans are available:
- consumer secured by real estate;
- education loans;
- state support loans;
- for owners of the farm.
Each program has its own conditions. When choosing, you should familiarize yourself with the rules for providing a loan. It should be suitable in all respects.
Mortgage credit lending
How many years have they given loans for cars and real estate? These services have been available since 21 years. Such transactions are considered more serious, therefore for them the conclusion additionally requires a pledge and a surety.
The borrower needs to have such an income that no more than 40% of the income of the whole family goes to pay for the mortgage. Otherwise, the bank refuses to issue money. To get a mortgage, the borrower must have a high, stable and official income.
Consumer loan
How many years have they been giving consumer credit? You can take it from the age of 18, only the size is determined by income. To provide a large amount, the bank requires a pledge or a surety. The client should prepare the minimum set of documents that is usually required during execution.
After registration of the application, the decision on the issue of money is made by the creditor. If the loan is granted for the first time, then usually the amount does not exceed 30,000 rubles. In the future, if everything is repaid on time, the bank may issue larger amounts.
Education loan
Sberbank has an offer to pay for tuition at a Russian university. The service can be used by persons from 14 years old, only in this case guarantors in the form of parents or legal representatives are required. It is also necessary to obtain permission from the guardianship authorities.
The crediting period is equal to the period of study, to which 10 years are added. The overpayment is 7.5% per year, but may increase if the refinancing rate changes. The advantage of such a loan is that you need to pay off all the loan only after training. And during this time only interest is paid.
Credit card
This banking product is the most sought after by customers. For how many years they have been giving credit at Sberbank by card, it is determined by income. From the age of 21, he has been awarded to working clients and students who are constantly receiving scholarships.
Young people at Sberbank can get a debit or credit card. The first is provided to persons from 14 years old, and the second from 21 years. How to get a loan from Sberbank by card? To do this, you must provide a passport, income statement, local registration.
The youth card has many features. Annual service costs about 750 rubles per year, which is less compared to other banks. A loan is issued at 33.9%. Clients can borrow money without interest if they take advantage of the grace period. And since the card is connected to the popular Visa or MasterCard payment systems, discounts and bonuses will apply.
Recommendations for borrowers
How many years they give a loan at Sberbank depends on many factors. Borrowers need to be responsible for this type of transaction. Money should be borrowed only if necessary, since interest is accrued on it. The amount must be real, since it will still need to be returned.
Even if a young borrower has an employment history of more than 3 months, he may be denied a loan. Usually in these cases, guarantors are required. The bank must be sure that the borrowed money will be repaid. Collateral, for example, real estate, is sometimes required.
After receiving any loan, a credit history begins to take shape. If the funds were returned on time, the bank will certainly cooperate with such a client. Moreover, in the future more favorable conditions are provided.