Often, the only way to resolve financial misunderstandings are loans from Sberbank to individuals. Attractive to this lender are not only the ubiquity of the branch network distribution and the step-by-step availability of branches, but also the borrowing conditions. What can attract consumer loans to Sberbank and what are they?
What are good cash loans from Sberbank?
Sberbank inappropriate loans to individuals are a pretty attractive offer. Especially when you consider that this financial giant is not trying to hide and take in excess of these tariffs. The rates here are minimal, and there are no additional commissions.
In addition, large amounts of money are available to private clients for personal purposes with the obligation to repay over a long period. There are different levels of guarantee of return: Sberbank of Russia gives loans to individuals without any collateral, and with the need to attract guarantors or arrange liquid assets as collateral. The cost of borrowed funds here depends on these criteria.
The degree of acquaintance of the borrower with the bank also affects the benefits of the transaction to finance their needs. Sberbank is most generous to those who receive salaries and pensions in it, work in accredited organizations and large corporations, have a contribution or have previously used loans. Discounts from the base rate can reach 1-2 percentage points, which are provided by Sberbank “for their own”. Loans to individuals, the stock for which there is always a place, can be even cheaper due to seasonal reduction in rates.
What cash loans does Sberbank give to individuals?
Credit programs of the country's main bank can be divided into three large groups according to the type of collateral requested:
- Sberbank loans to individuals without any collateral. Even insurance is not required, but you just need to document your stable financial position and employment. Amount - up to one and a half million rubles. The term for the return of requested funds can be extended to 5 years. The rate will vary between 17-21.5% per annum.
- Credit with a guarantee. Any solvent relative or acquaintance can act as a guarantor. The presence of a second actor increases the maximum loan amount to 3 million rubles, and the term will remain the same - up to five years. Interest can reach 16.5-20.5% per year.
- Loans with a pledge of property, where the pledge can only be real estate, allow you to get up to 90% of the value of the subject of the pledge (but not more than 10-15 million rubles) for up to seven years at a rate of 13.5-14.5% per year.
However, the shares until mid-February, you can get borrowed funds without collateral or against a guarantee at the same rate as with the pledge - from 14.5% per annum. Consideration of applications for participation in this promotion is carried out individually, so until you submit an application, you will not know your chances of a profitable loan.
Sberbank loans to individuals differ in a variety of conditions. And this is their main advantage: everyone will be able to find borrowed funds with suitable parameters. Any potential borrower has the opportunity to realize their plans with the help of this bank, provided, of course, that it meets its requirements. But the pickiness and bureaucratization of Sberbank is a completely different story.