Advantages

Individual approach in determining the conditions, according to the parameters of the credit and your financial profile
Discount on the interest rate for salary transfer
Free Life insurance for the entire term of the contract*
No fee for early repayment

Parameters

Maximum amount up to BGN 50 000 / EUR 25 000
Repayment period – up to 10 years
Repayment with equal (annuity) monthly installments
Only with an ID card**
Interest terms in BGN:
From 5.25% to 6.25% – with transfer of salary
From 7.25% to 8.25% – without transfer of salary

Fees

1. Fee for processing a loan application – in accordance with the requested amount in BGN

from 5 000 - 60.00 BGN
from 5 000,01 to 15 000.00 - BGN 130.00
from 15 000,01 to 25 000.00 - BGN 270.00
from 25 000,01 to 40 000.00 - BGN 420.00
from 40 000,01 to 50 000.00 - BGN 510.00

2. Monthly fee for servicing a current account - BGN 2.20.

3. No fee for early repayment

Example***

	Without salary transfer	With salary transfer
Annual interest rate****	7,25%	5,25%
APR	8,19%	6,06%
Monthly installement	BGN 306,50	BGN 287,23
Total amount due	BGN 26 019,31	BGN 24 400,62

What can you use a Consumer loan for?

For purchase of goods

For payment of utility bills

For current needs

Do you need help?

Our team of experts is at your disposal to provide advice

*Provided that you meet the conditions of the group life insurance of ZAD Allianz Bulgaria Life.

**The bank may require additional documents and / or a guarantor depending on the individual assessment of the customer’s creditworthiness.

***The given example is for applicants with a net monthly income over BGN 1 500. The value of the APR includes costs for a fee for review and preparation of an opinion – BGN 270, a fee for opening a current account – BGN 3, a monthly fee for maintaining a current account – BGN 2.20.

****The annual interest rate is variable and is defined as the sum of the reference rate in BGN or EUR and a fixed margin. The reference rate is determined according to approved Methodologies published on www.allianz.bg. The bank announces on the first business day of January and on the first business day of July of each calendar year the new value of the reference rate applicable to loans in BGN and EUR.
The interest margin is determined after an individual assessment of the customer’s creditworthiness. The conditions are applicable in case you meet the requirements of the bank. In individual cases, the terms of financing set by the bank for a specific loan, including the determined interest rate, may differ from the values specified above or additional discounts from the specified parameters may be applied.