Alfa-Bank loans: types, conditions, interest and reviews

Alfa-Bank, operating in the territory of our country, is the basis of the group of the same name, which also includes banking business in neighboring countries (Ukraine, Belarus and Kazakhstan) and the Netherlands.

Modern positions of the bank

Alfa-Bank is a universal credit institution that currently serves more than three hundred thousand corporate customers and more than fourteen million retail customers. According to last year, more than 700 offices were opened at the bank, and the number of active employees was more than 21,000 people. Alfa-Bank has a huge ATM network, complemented by ATMs of banks that are partners of a credit institution, including Binbank, Gazprombank, Moscow Credit Bank, UBRIR.

Alfa-Bank is developing as a universal financial institution in the following areas: corporate, small and medium-sized businesses, retail business (cash loans and credit cards, special-purpose loans, accounts and deposits).

According to the results of 2016, this institution ranked fourth in the credit card market with a portfolio volume of more than one billion US dollars.

Types of lending

An application for a loan at Alfa Bank can be given for the following types of loans:

• mortgage;
• car loans;
• customer credit;
• credit cards.

Credit Limit Cards

In addition to loans to individuals, Alfa-Bank offers on very attractive terms to issue credit cards:

• "100 days without%." The one-day interest-free period starts from the moment the debt arises and resumes after it has been fully repaid. Credit limit up to 300,000 rubles. Ability to withdraw up to 50,000 rubles per month without paying a commission.
• "Installment card instead of money." On this card you can buy in installments goods in any stores around the world. The installment plan for partners is up to two years, in other stores - four months.
• Aeroflot, Alfa-Miles, and Russian Railways Credit Card cards have been developed for travelers. With the Aeroflot card you can exchange miles for flights, hotels and car rental.
• For shopping enthusiasts, Cash Back, M.Video-Bonus, and Crossroads cards have been developed.
• "Map of the 2018 FIFA World Cup." The main opportunity given by the card dedicated to the football championship is to receive winning tickets or valuable prizes.
• "Twins". The peculiarity of the card is a combination of debit and credit cards.

To apply for a credit card you must:

• Contact the bank branch or fill out an application on the site.
• Wait for the decision of the bank.
• Get the card delivered by the courier.

Cash loan

If a future client is puzzled by the question of how to get cash borrowed funds on the most favorable terms, then he should contact Alfa-Bank. Consumer credit at this financial institution can be obtained on very attractive conditions:

Judging by the reviews of cash loans at Alfa Bank, the rate is determined individually for each borrower.

We list the basic requirements for future borrowers who want to buy a car on credit:

• The future borrower must be over 21 years old.
• The client must have a certificate of income of at least ten thousand rubles per month.
• The period of work at the extreme place of employment should be at least three months.
• The future borrower must have a mobile, landline phone to communicate with him.
• The client must be registered in the territory of the bank office.

Terms of issuing non-targeted loans

To apply for a cash loan at Alfa Bank you must:

• Contact the bank branch or fill out an application on the site.
• Wait for the preliminary decision of the bank.
• Come to the office with a full package of documents for a final decision of a credit institution.
• Get a loan.

To apply for a consumer loan at Alfa Bank, you must provide the following documents:

• Passport.
• The second document to choose from (passport, driver's license, policy or other document).
• The third document to choose from (certificate of registration of the car, a copy of the work book or other document).
• Certificate of personal income tax form 2 for the last three months of work, valid for thirty days from the date of issue. Help on the form of the bank. Documents must be duly certified.

A loan without a certificate from Alfa Bank can be obtained by a client who receives wages on a bank card.

Car loan

If the future car owner is puzzled by the question of how to purchase a vehicle on credit, and where to do it on the most favorable terms of registration, then he should contact Alfa-Bank. You can apply for a loan at this financial institution on very attractive terms. They are reflected in the table.

According to reviews of loans in Alfa-Bank, the rate is determined individually for each borrower.

We list the basic requirements for future borrowers who want to buy a car on credit:

• Customer must be over 21 years old.
• He must have official regular earnings of at least ten thousand rubles a month.
• Work experience at the last place of employment should be at least three months.
• The client must have a mobile and landline phone to communicate with him.
• The future borrower must be registered in the territory of the bank office.

To apply for a consumer loan at Alfa Bank, you must provide the following documents:

• Passport.
• The second document to choose from (driver's license, SNILS, medical insurance policy).
• The third document to choose from (statement of a client account with a balance of not less than one hundred and fifty thousand rubles, a copy of the work book or other document).
• Certificate confirming the income of the client, duly certified.

Mortgage

Thinking about the possibility of acquiring an apartment or a house, citizens are forced to believe in the usefulness of mortgage loans to buy real estate, because interest rates are becoming more acceptable every day, and payments are feasible.

According to reviews of loans at Alfa Bank, the institution offers convenient lending programs secured by real estate. The client has the opportunity to apply for a loan for the purchase of finished or under construction housing. The bank has the following mortgage programs:

• Mortgages for finished housing at a minimum rate of 9.29 percent. The maximum loan amount is fifty million rubles. The down payment must be at least fifteen percent of the loan amount. The maximum loan term is 30 years.
• Mortgage on housing under construction. The conditions are similar to the first program. Reviews of loans at Alfa Bank confirm that a rate of 9.29 percent is valid for bank customers participating in a salary project, taking into account insurance for all the risks listed above.
• A loan secured by housing at a minimum rate of 13.29%. The maximum loan amount is six hundred thousand rubles. The loan term is not more than thirty years. The ratio of loan amount to property value is up to sixty percent for targeted and up to fifty percent for loans for consumer purposes.

Additional requirements and conditions when a mortgage borrower tries to get a loan from Alfa-Bank:

• Requirements for the client: citizenship of our country or another state, age from 21 to 70 years on the date of full repayment of the loan and seniority at the last job, at least four months with a total minimum annual length of service.
• When applying for a mortgage loan, it is mandatory to insure the loss of real estate and the life of the borrower. If you refuse insurance, the possibility of losing ownership of the property you are buying, or life insurance and losing your citizen’s ability to work, increases the mortgage rate by two percent.

To apply for a consumer loan at Alfa Bank, you must provide the following documents:

• Passport of a citizen.
• Profile of the borrower.
• Certificate confirming the income of the client, duly certified.

Mortgage Refinancing

According to reviews of mortgage loans at Alfa Bank, the following conditions are presented for refinancing loans:

• The client does not have current mortgage arrears.
• The loan is issued more than six months ago.
• The client has title to the property.
• Refinancing a loan at Alfa-Bank has not been done before.

Borrower insurance

When applying for loans at Alfa Bank, individuals can take advantage of a special offer for comprehensive insurance of their income, health and life. By arranging insurance, the borrower protects himself from the fact that he is applying for a loan and until it is fully repaid:

• will lose his job due to a reduction in the number of employees of the enterprise or liquidation of the organization;
• very ill;
• will receive disability of the first group;
• will die.

If the current borrower loses his job, he will be paid three monthly salaries. If the client receives a disability or dies, the insurance company will pay off the loan debt to the bank.

To apply for insurance:

• Contact any nearest Alfa-Bank branch.
• Get all the necessary insurance information.
• When applying for a loan at Alfa-Bank, put a mark on the authorization of insurance.
• Sign an insurance contract.

Repayment methods

Clients with existing contracts, loans at Alfa Bank repay loans in any way convenient for them:

• using an ATM;
• using Alpha Click;
• through Alfa Mobile;
• through payment terminals and ATMs of partner banks (Moscow Credit Bank, UBRIR).

Summary

You can apply for a loan at Alfa Bank on very attractive terms. This explains the steady decline in lending growth in this institution.