Advantages

With the short-term overdraft loan, you have additional funds that you can use however and whenever you see fit. With it, you can cover a temporary shortage of personal finances to pay various debts and other personal expenses.

You have additional funds on your debit card from Allianz Bank at any time
You can use the whole limit or parts of it
Possibility for automatic renewal of the overdraft

Parameters

Maximum amount up to BGN 10 000, but not more than the amount of 4 monthly net salaries
Repayment period – 12 months
Annual interest rate – 8.75% **
Collateral – income from future salaries

Fees

Review and preparation of an opinion on received loan applications – BGN 25
No fee for early repayment;

*The opportunity to apply for an Overdraft online is available for existing customers with full active access to Internet banking Allianz E-Bank.

**The 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 the website of the bank 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.

APR: 10.26% for a loan in the amount of BGN 2 500 and a repayment period of 12 months at an interest rate of 8.75%. Total amount due BGN 2 743.75. It is assumed that the credit limit is used immediately and fully to maturity.