Where to keep your savings? Where to get money for repairs, business development, purchase of a new car? These questions are asked by many Russians. In fact, the number of financial institutions that are willing to offer their services is impressive. Banks are attracted by loyal terms and favorable interest rates. However, at the time of the economic crisis, people do not trust everyone. Today, OTP Bank is in demand. Customer reviews of loans and deposits can be heard for the most part positive.
Financial Institution Overview
Today, the Russian OTP Bank is part of the international financial group, which is the leader in the European market. A credit institution provides a huge range of services for people with various financial opportunities. The bank works with both private and corporate clients. As of January 1, 2016, the equity capital of a financial institution amounted to 26 billion rubles, assets attracted from individuals, 58 billion rubles. The reviews about OTP Bank make it possible to understand that Russians trust this organization with their savings and are not afraid to borrow money here.
A financial institution today is included in the list of 50 best economic organizations of the country. In a number of areas, OTP Bank is a leader in the domestic market. Most citizens safely trust their money to economists. All thanks to the fact that the bank is a member of the Deposit Guarantee Fund for individuals. Branches can be found anywhere in the country. Today, there are more than 3,500 points in various regions. Almost every Russian knows what OTP Bank is. Customer reviews of loans make it possible to understand that many seek to conclude a deal in this institution.
Cash loans
Anyone can have an unforeseen situation requiring money. If you believe the feedback from clients of the OTP Bank institution, the decision to provide a loan here is made as quickly as possible. At the same time, economists require a minimum package of documents. What do I need in order to receive the amount in cash? To get started, you can fill out an online application on the official website of the organization. If the client receives a positive answer, he can contact the nearest office with an identification code and passport.
A financial institution offers several types of loans to its clients. If you believe the reviews, the most popular is the OTP Standard program. Clients have the opportunity to receive cash up to 500 thousand rubles. The contract is drawn up for up to 48 months at a rate of 30% per annum. The most beneficial is the Privilege Corporation program, which assumes a loan rate of 15.9% per annum. Loyal customers can receive up to 750 thousand rubles for a period of up to 60 months.
Customer credit
If we consider the feedback on the work of OTP Bank, we cannot help remembering the provision of loans for goods. The financial institution collaborates with many large retail chains. Thus, customers have the opportunity to purchase goods, even if the required amount is not. Loans for clothes, shoes, furniture and appliances are provided. The Bank cooperates with such major brands as Euroset, Megafon, Svyaznoy, Much Furniture, Beeline, Adamas, Alef. Clients note that economists are attentive to everyone, offer the most suitable conditions for concluding a deal.
What is needed in order to get a consumer loan at OTP Bank? Reviews
of bank customers about loans make it clear that there are age restrictions to complete a transaction. Adult goods can be purchased on loan by adults not older than 69 years. To conclude a transaction, you only need to provide a passport of a citizen of the Russian Federation.
Bank cards
A plastic card is very convenient. On it you can store your savings, pay for services and goods. And if there are credit funds on the card, there is no need to contact the bank to conclude a transaction. Plastic cards from OTP Bank are very popular. This is also indicated by reviews. Credit card Otp Bank Master Card provides many pleasant opportunities. Clients can be granted a credit limit of up to 500 thousand rubles at a rate of 24% per annum. The cost of annual maintenance is only 600 rubles.
Customers note that the process of issuing a plastic card takes no more than an hour. To conclude a transaction, you must provide a passport of a citizen of the Russian Federation, a copy of the work book, certified by the employer, a second identification document. This may be a military ID, TIN, SNILS, driver's license.
For customers who apply to the bank for the first time, a Standard Card may be offered. You have to visit OTP Bank only once. Customer testimonials about loans indicate that a plastic card is the most convenient option. A deal is concluded only with a passport. The annual rate is 29.9%. This is even lower than for some consumer loans.
Bank deposits
People with sufficient financial resources seek to preserve their savings. And OTP Bank succeeded in this matter. Rating and reviews speak for themselves. Crucial is the fact that the financial institution is a member of the individual deposit guarantee fund. That is why many are not afraid to trust their money to the bank. In addition, very favorable deposit conditions are offered. There are several programs. The “Record” deposit can be made if there is an amount of at least 30 thousand rubles, the annual rate of 14%. Withdrawal and replenishment of the deposit is impossible, and interest will be collected only at the end of the term. A transaction may be concluded for at least a year.
Convenient for many, according to reviews, is considered a "Savings Account". To conclude a transaction, the client needs to provide only a passport. The customer is issued a plastic card on which he can store his savings. At the same time, there are no restrictions on the amount of withdrawals and deposits. But the interest rate is minimal and is only 7% per annum.
Offers to business
As mentioned above, a financial institution cooperates not only with private, but also with corporate clients. The OTP Bank also provides support to small businesses. Customer feedback about loans makes it possible to understand that a financial institution is a great start for independence. People who are full of ideas and enthusiasm can borrow money to start earning much more. A financial institution offers free opening and servicing of an account, individual credit solutions, highly profitable instruments for placing available funds.
Large organizations have the ability to conduct accounting with the help of OTP Bank. Offers quality online service.
Salary projects are also popular
. The work is fully automated. Thanks to this, employees of many organizations and firms can receive payment for their labor on plastic cards not only on weekdays, but also on weekends and holidays.
Online service
Why does a financial institution for the most part have positive reviews? OTP Bank has good reviews and customer comments due to quality service. And the development of information technology plays an important role here. Online service is also on top. On the website of a financial institution, anyone can create their own office. Authorization takes place through a complex password, as well as mobile verification. Access by attackers is almost impossible.
The online service allows customers to control their accounts, pay utility bills, and replenish the Internet and mobile. And all this without leaving home! In real time, you can also apply for a loan.
Are there any downsides?
Like any other organization, OTP Bank has negative reviews, although there are not so many of them. They are associated mostly with poor-quality work of specific employees who poorly inform customers about the conditions of a particular transaction.