Raiffeisen Bank Aval gives you a chance to obtain a loan for any consumer purpose with no surcharges. Such a loan is to be repaid by equal installments, what allows you to plan your expenses.
Basic Terms:
1. Loan amount — from UAH 5,000 to UAH 15,000
2. Loan currency — Hryvnia.
3. No borrower's down payment.
4. Interest rate — 29.5%.
5. Commission — UAH 13.9 monthly.
6. Insurance payment — 0.07% of the total loan amount (commission for loan and insurance expenses inclusive).
7. Insurance period is equal to the loan period, but no longer than 3 years.
8. Loan period — from 1 to 6 years.
9. Security — no guarantee, no collateral.
10. Repayment of the principal and interests — monthly annuity (early loan repayment is penalty-free).
Clients receiving their salaries through Raiffeisen Bank Aval, loans are granted at an interest rate by 2.5% below the basic one.
Credit approval decision is based on the borrower’s finance and property state, client and credit history, his income statement and business reputation.
To obtain a loan under this program, you should present the documents as follows:
general documents:
passport;
tax payer's PIN-certificate;
certificate from a bank on the availability and the status of your bank accounts (in case you have a loan in another bank);
men aged from 18 to 25 years old should submit a military certificate or a certificate on a delay in military service;
documents confirming financial status:
for private individuals:
certificate from a borrower’s workplace about his/her position and incomes got for the last six months;
documents confirming borrower’s other incomes (in case he/she has incomes from other jobs);
for private entrepreneurs:
duplicate certificate on the state registration of an entrepreneurship entity;
the entrepreneur’s profit reports for the last two reporting quarters (tax declaration);
passport;