The competition between financial institutions in Russia today is quite large. Many banks seek to attract customers with profitable deposits, low interest rates on loans, additional services. Sovcombank enjoys increasing popularity among individuals. Employee reviews show that the loan portfolio in recent years has grown several times.
Basic Bank Information
In 1990, a financial institution with the interesting name “Buikobank” began its activities. Subsequently, the company was overbought by the current owners and the name changed to Sovcombank. Feedback from employees who have been working since the founding of the institution shows that with the change of owners there was a big push in the development of the financial institution. Since 2003, the main office has been located in Kostroma. Here he is today. In 2004, the company received a General License for banking operations.
A significant influx of customers was observed in 2005. This is no coincidence, because it was at this time that the financial institution became a member of the Individual Deposit Guarantee Fund. In parallel, the bank began to offer favorable terms on deposits. Employee reviews about Sovcombank show that already in 2008 the institution entered the TOP-50 of the country's best financial institutions for consumer lending to individuals.
Every year, the Sovcombank network is expanding significantly. Today, there are more than a thousand points of sale in 30 regions of the country. These are not only mini-offices, but also representative offices in large stores. Buyers have the opportunity to draw up a loan agreement right in the mall and go home with a pleasant purchase. Practically in every Seventh Continent store there is a representative office Sovcombank. The financial institution works closely with other retail outlets.
Today, Sovcombank, according to customer and employee reviews, is a leader in consumer lending. The number of customers who are not afraid to trust their company funds and conclude deposit agreements is also growing.
Customer credit
Advantageous interest rates attract customers of Sovcombank PJSC. Employee reviews show that the institution may well compete with Sberbank on consumer lending. Due to the fact that the company has a large number of points of sale in stores, loans for goods remain the most popular. Each client has the opportunity to purchase clothes, household appliances, a computer, furniture in the amount of 1 to 500 thousand rubles. The main condition is at least 4 months of work experience at the last job. Plus, there is no age discrimination in Sovcombank. Any adult citizen can make a deal. The maximum age of a potential customer is 85 years.
I am glad that a minimum package of documents is required to conclude an agreement. If the amount of goods does not exceed 30 thousand rubles, it is enough to present a passport of a citizen of Russia.
Cash loans are also in demand. Each adult citizen has the opportunity to borrow up to 40 thousand rubles from the bank at 23.8% per annum under the Express Credit program. The contract can only be concluded in a mini-office. The rate under the contract can be reduced if the client receives a pension or wages on a plastic card of Sovcombank.
Special conditions are offered for senior citizens who continue to work. Such clients can receive from 40 to 300 thousand rubles at 16.4% per annum. Provided that a salary card is issued at the bank, the rate is reduced by 5%.
Credit cards
A plastic card is a convenient payment tool. No need to carry large sums of money. Finances are stored in the client’s bank account. A card is a key that can be used in any store that has a terminal. Favorable conditions for such products are offered by Sovcombank Bank. Employee reviews show that dozens of clients apply for credit cards to a financial institution every day. An instant installment product called Halva is very popular. The plus is that when using the card in partner stores, the client receives an interest-free loan for 12 months. There is no need to make a down payment.
The credit limit is constantly renewed. This means that the client can again withdraw money that is returned to the card. The maximum loan amount is 350 thousand rubles. The contract is free of charge. The client independently decides when to start using credit money. Another plus is that the Halva card can also be profitable. If a client deposits money in an account in excess of the established credit limit, the bank charges 8.25% per annum.
A client can pay with credit money on the Halva product only within the network of partner stores. That is, such a card is intended only for cashless payments. It will not be possible to withdraw cash from an ATM.
Profitable credit cards that do not provide for targeted use are also offered. That is, the client can withdraw money at any ATM or pay by credit card for purchases. The most popular product is the "Golden Key". Any citizen of the Russian Federation aged 20 to 85 can apply for a card. The maximum credit limit is 500 thousand rubles. There is a grace period of up to 56 days. If during this time the client does not return the money to the account, you have to pay a commission - 24.9% per annum.
Auto loans
A really wide range of services related to lending to individuals is offered by Sovcombank. Employee reviews show that car loans are very popular. The transaction can be concluded by any citizen of Russia aged 22 to 85 years. A prerequisite is official employment in one place for at least 4 months. An important role is also played by registration at one place for at least six months.
Collaborates with many car dealerships of Sovcombank PJSC. Employee reviews show that most of the loans for vehicles are issued in such salons as Hameks, Avtolaym, Volor, Avtograd, AMR Motors, etc. The loan amount under the agreement can reach 2 million rubles. The maximum loan term is 5 years (60 months). The contractual rate is 28.9%. Early repayment is welcome; no penalties will have to be paid.
Each client has the opportunity to obtain a loan from authorized dealers for both new and used vehicles. To conclude a transaction, you only need to provide your passport and SNILS number. A statement of income will accelerate the decision to grant a loan.
Mortgage
Sovcombank can also help in the matter of acquiring its own housing. Employee reviews show that real estate loans are very popular today. Everyone can purchase housing both in the primary and secondary markets. The object of lending cannot be only apartments located in panel houses designed for demolition.
Favorable conditions are offered by Sovcombank in Kazan. Employee reviews provide an opportunity to understand that every employed citizen of the Russian Federation over the age of 25 can purchase real estate. The age at the time the contract is completed must not exceed 85 years. The purchase price should not be higher than 30 million rubles. In this case, the mortgage rate will be only 11.9% per annum. Interest is accrued on the balance of the debt. A prerequisite is a down payment of 20% of the cost of housing.
Real estate that is purchased on credit automatically becomes a pledge. If the client ceases to make mandatory payments, the bank has the right to confiscate the apartment.
Deposits from Sovcombank
Employee reviews in St. Petersburg show that deposit services are more popular here. This is no coincidence. After all, a financial institution offers really favorable conditions for individuals. Each client can get the most benefit from the Maximum Revenue transaction. You can conclude a contract in the mini-office or in real time, if you already have a bank account and have access to your personal electronic account.
The maximum deposit period is 3 years, the minimum is 1 month. Holva card holders get the most benefit. They can issue a deposit at 8.4% per annum. For new customers, a rate of 7.5% is offered. The deposit amount cannot be less than 30 thousand rubles.
For customers who are accustomed to manage their own savings, the product “Always at hand” is offered. The client is issued a card on which you can put savings in an unlimited amount and, if necessary, withdraw them. The deposit rate will be 5% per annum.
For business
Sovcombank offers many interesting proposals for owners of their own business. Feedback from users and employees show that cash settlement services are provided here under favorable conditions. Customers who are just starting their own business are offered the “Start” tariff. For account maintenance you will have to pay only 650 rubles per month. In this case, you can spend up to 5 payments for free. For businessmen who are used to using the whole range of banking products, the “Personal” tariff is offered. You will have to pay 1850 rubles per month for maintenance, while all operations are carried out without restrictions. And those customers who also want to receive passive income should pay attention to the “Profitable” tariff. You will have to pay 3000 rubles per month for maintenance. Along with this, a positive balance will be charged at a rate of 7% per annum. This is advantageous if impressive amounts go through the account.
What else attracts businessmen to Sovcombank in Kostroma? Employee reviews show that each owner of their own business can remotely conduct operations and manage accounts. The Internet Client program is installed for free. The manager can conduct accounting operations while at home or on vacation.
Business loans
Each private entrepreneur can receive additional finance to expand their business. To conclude a transaction, you do not need to fill out income statements for the past time or open a current account with Sovcombank. Employee reviews in Moscow show that the decision to issue funds is made within 2-3 business days. Moreover, each private entrepreneur can receive up to 1 million rubles. If real estate or a vehicle is secured, the amount of the transaction may grow to 30 million rubles.
The loan rate will directly depend on the amount that the client takes at the bank. The Super Plus product (up to 1 million rubles) provides for an overpayment of 19.5% per annum. If a transaction is executed on the security of real estate or transport, the rate is reduced and amounts to 18% per annum. The maximum loan term is 60 months.
Salary Services
Owners of large companies are invited to take advantage of the advantageous offer Sovcombank. Employee reviews in Novosibirsk show that every second client already has a salary card from a financial institution. This is beneficial, first of all, for owners of companies that previously opened a current account for doing business in Sovcombank. Significantly reduced the cost of accounting operations, the transfer of wages to employees.
It is advantageous to have a card from Sovcombank and ordinary customers. First of all, they get the opportunity to issue loans on loyal terms. To draw up a card, a minimum package of documents is required.
Customer reviews about Sovcombank Bank
The financial institution has already earned good fame. Many customers who once had to work with a bank return for services again. Pleased with favorable conditions and convenient services. You can hear a lot of good reviews about Internet banking. In real time, each client can make payments, study the history of operations, make utility bills, etc.
Many interesting special services are offered by Sovcombank. Employee reviews in St. Petersburg show that insurance programs of a financial institution are also popular. Payments are debited from the customer’s account. To sign an insurance contract, there is no need to additionally visit the bank office.
Positive customer reviews provide an opportunity to understand that a financial institution is developing rapidly. Confirmation of this - numerous additional services, new offices, favorable conditions for deposit agreements. The clients are also pleased with the high-quality official website of the financial institution, where you can find detailed information about any product offered.