Car loan (primary market)

Car loan (primary market) - for the purchase of all types of new passenger cars.

The loan is provided in the amount of up to 75% of the cost of the Сar purchased on credit specified in the delivery agreement.

Persons interested in obtaining a loan can choose the parameters of their loan based on the following options, depending on the amount of the initial loan payment:

The loan is allocated to the account of the manufacturer or official dealers of the vehicle through a full transfer of loan funds.

Borrowed funds are prohibited from being allocated in tranches.

The loan is provided in the amount of at least 25% of the cost of the Сar purchased on credit specified in the delivery agreement.

Payment of the loan and accrued interest is carried out in the form of an annuity or differentiated payment in the manner and on the terms specified in the loan agreement.

The separate net income of the borrower/co-borrower should not be less than 6 times the size of the BDV.

60% of the combined average net income of the Borrower and Co-borrower must be sufficient to cover the maximum monthly loan payment and the average monthly payment on existing loans/debts.

As collateral for the loan, the Bank accepts:

·         The main offer is a purchased Сar;

·         The purchased Сar is accepted as collateral in the amount of at least 125% of the loan amount;

·         Temporary collateral for loan obligations (until the signing of the main collateral agreement by a notary or the bank itself) - an insurance policy of an insurance company against the risk of non-repayment of the loan and interest.

To obtain a Loan, the Bank shall be provided with the following documents:

1. Identification document (passport, identity card, residence permit, etc.);

2. Car purchase and sale agreement;

3. Documents ensuring loan repayment;

4. Self-employment certificate. *

*(when providing loans to self-employed persons)

The bank independently receives information about the borrower’s average monthly income electronically through special networks. In this case, income information was calculated for at least the last 6 (six) months. If it is impossible to determine the Borrower's average monthly income, the Borrower may be required to provide documents confirming the average monthly income and other sources of income.