- Interest rate – 0%;
- No fees and commissions;
- No collateral;
- Loan term – up to 5 years;
- Amount – up to BGN 4 500; If you have initially been granted a smaller loan amount, you can apply for an additional amount until the total loan amount under the Program reaches BGN 4 500.
- Purpose – for current needs. As a borrower, you can use the provided funds only for your personal needs as an individual, but not for business purposes or to repay current loan debt;
- Grace period – option to choose a grace period from a minimum of 6 months to a maximum of 24 months, after the expiration of which the loan repayment begins;
- Repayment – option to repay in one installment at the end of the term of the loan or in equal monthly installments;
- Use of the Allianz Start package for daily banking;
- Utilization – the amount of the loans is transferred to the borrower’s current account in Allianz Bank Bulgaria.
Deadline for utilization 31.01.2021
Utilization of the loans is carried out after confirmation by the Bulgarian Development Bank.