Sberbank has launched a New Year's promotion on consumer loans, which will be valid until January 30, 2020. The reduction compared to base rates was one percentage point.

“On the eve of the New Year, Sberbank traditionally holds a promotional campaign for consumer loans. Typically, towards the end of the year, we see increased customer demand for this product - on average 60% higher than in the first months of the year. We hope that our offer will allow all our clients to realize their New Year’s wishes,” explained Sergey Shirokov, Managing Director of the Borrow and Save Division of Sberbank.

Special conditions within the framework of Sberbank's New Year's promotion apply to consumer loans without collateral and with a guarantee, as well as for refinancing. They apply to all individuals, including.

Note that Sberbank does not have any loan fees, and the offer of life insurance, which is voluntary, does not affect the interest rate under the loan agreement.

You can apply for a consumer loan in the mobile application and web version of the Sberbank Online Internet bank or at a bank branch.

What are the rates for Sberbank loans for the New Year's promotion 2019 - 2020

1. Consumer loan without collateral

If there are no problems with the official salary, income level and CI, you can apply for cash at any bank. It’s better to go to the one with the lowest interest rates on loans, so as not to overpay. The minimum rate is usually available only to a limited circle of reliable borrowers, payroll clients and loans. But we have compiled a review of 10 banks with the lowest interest rates.

To be guaranteed to receive the smallest interest rate, first contact the bank where you receive the payment. If the conditions there are not too pleasant, then go to one of the list below. Read more tips on how to lower your interest rate at the end of the article.

Banks for loans at the lowest interest rates

December 2019

Homecredit currently offers the minimum interest rate. Sovcombank is a little bigger, but they are running a promotion “ Everything is under 0!“- the bank returns previously paid interest on the loan if you have issued and use their “Halva” card. Everyone else has the lowest rates of 9% to 10%, but not everyone offers them.

ATB, Vostochny, Otkritie, Promsvyazbank and MKB each issue only 1 document without income certificates and guarantors. With a damaged CI, you can contact Renaissance and Vostochny, they are loyal to problem borrowers, and with a good one, you can contact any of the tables above. Without official work, apply to Vostochny, MKB or Otkritie.

Read below for a more detailed overview of each of these loan offers.

Home loan - the most profitable and in 1 minute

• Amount: From 10,000 to 1,000,000 rubles;
• Duration: 1-5 years;
• Rate: From 7.9%;
• Age: 22-64 years;
• Documents: 2 documents proving your identity, you can ask for a certificate of income.

Sometimes they may ask for a second document confirming your identity. You can take a driver's license, medical insurance or SNILS, which everyone definitely has. If there are doubts about the borrower, they also ask for a certificate of income. But in the case of a job with a lot of experience and a high salary, this does not become necessary.

Instant decision in 1 minute - you can get cash.

The loan term is a multiple of 1 year and can be applied from 22 to 64 years of age. They even lend, in this case do not forget to bring your pension certificate. With delays, bad history and lack of official work, you will most likely get a refusal.

Sovcombank - you can even do it for free

• Amount: Up to 100,000 rubles;
• Duration: 1 year;
• Rate: from 8.9%;
• Age: 20-85 years;
• Documents: passport, 2nd additional + 2-personal income tax.

It offers a low interest rate of 8.9% on its loans, but issues only a small amount of up to 100,000 rubles and only for 12 months. If you have enough, you can apply, the main thing is that there are no delays or large debts before.

Do you want to not only get a consumer loan at a low rate of 8.9% per annum, but also use it for free? Additionally, apply for a free installment card ““ at Sovcombank, pay with it in stores, and the bank will return you the interest on the loan every month.

The application can be considered up to 5 days, so if you need it urgently, then contact other organizations.

ATB - low rate with experience of 1 month

• Amount: Up to 700,000;
• Duration: 1-5 years;
• Rate: From 9%;
• Age: 23-65 years;

ATB has the lowest interest rates on an express cash loan, which can only be issued with a passport in Moscow, Siberia, the Far East and beyond. Rates from 9% per annum. And simple requirements for experience - from 1 month. They issue, here the requirements are already - from 6 months after registration.

Approval in 1 day, you can get it today if you have time to send it to the bank before lunch. Issuance of money for any needs, no proof of income required.

Gazprombank - for borrowers with good CI

• Amount: Up to 3,000,000;
• Duration: Up to 7 years;
• Rate: From 9.8%;
• Age: 20-70 years;
• Documents: passport, 2nd of your choice + proof of income.

Apply only if you have a good CI and an official job with at least six months of experience at your last job, and a total of at least 1 year of experience. But they are ready to offer their lowest percentage of 9.8% not only to salary clients, but also to all reliable borrowers who meet the conditions.

It is necessary to confirm income; you can not only use 2-personal income tax, but also according to the bank’s form. If you wish, you can repay early without penalties or interest. Interest will be recalculated based on the actual period of use of borrowed funds.

Rosbank - profitable loans and refinancing

• Amount: From 50,000 to 2,000,000;
• Duration: 1-5 years;
• Rate: From 9.9%;
• Age: 24-65 years;
• Documents: passport + 2-personal income tax or certificate in the form of a bank.

At Rosbank you can not only get a good rate on a new one, but also get the same small rate of 9.9% per annum. True, the most favorable conditions are provided only for those who receive a salary on the card of this bank or work in one of its partner companies (look for the list on the official website). For the rest, it is traditionally calculated individually - it depends on the credit history, provided documents, length of service and level of confirmed income.

If you are too lazy to get a certificate, then it is possible to confirm your income through the State Services website. If you request more than 400,00 rubles, you will also need a copy of your work record certified by your employer.

Opening - small interest on 1 document

• Amount: From 50,000 to 5,000,000;
• Term: From 1 to 5 years;
• Rate: From 8.5%;
• Age: 21-68 years;
• Documents: Russian Federation passport (sometimes 2-NDFL, copy of employment and additional documents).

Otkrytie is ready to lend based on just one document, without forcing you to collect a bunch of additional papers and waste time on filling out certificates. But at the same time, the minimum rate of 8.5% is available to everyone who has previously proven themselves well in this or other banks, and is ready to issue a 2-NDFL and bring additional papers.

We advise you to take your foreign passport with you if it has stamps for the last 12 months, as well as papers for a car or apartment, if you own them. In this case, loans are usually available even if you do not have the most crystal clear CI.

ICD - registration only by passport

• Amount: From 750,000 to 5,000,000;
• Duration: 1-5 years;
• Rate: From 9.9%;
• Age: from 18 years old;
• Documents: Russian passport only.

Our favorite, MKB, is an almost trouble-free bank for all categories of borrowers, which only asks for a passport during registration, but at the same time offers a very small percentage of 9.9% per annum. One of the few is ready to lend money immediately starting from adulthood.

A decision on an application is made in less than 1 hour. You fill out the form in the morning, and after lunch you can come and receive your money. Issuance on the day of application.

There are credit holidays - for the first 3 months you can pay reduced payments if it is difficult for you to repay in large amounts. They do, but if you do, the rate automatically increases.

Vostochny - issue even with a bad history

• Amount: Up to 3,000,000;
• Duration: Up to 20 years;
• Rate: From 9.9%;
• Age: 24-65 years;
• Documents: issued by passport.

The most loyal to damaged CI among Russian banks. Approves even those who have had large debts and arrears in the past. If only there were no current ones. True, no one will give 15 million to problem borrowers, but they will issue a loan of up to 500,000 rubles without certificates using just 1 document.

An ideal option for those who need cash today, at a low interest rate and only with a passport.

Promsvyazbank - for employees of reliable companies

• Amount: From 100,000 to 3,000,000;
• Term: From 1 to 12 years;
• Rate: From 9.9% to 14.9%;
• Age: 21-70 years;
• Documents: Russian passport.

At Promsvyazbank, even the maximum rate is lower than what other companies offer the minimum. If even 14.9% per annum suits you, you can safely apply. True, loans are only approved here for employees of the bank’s partner companies; the list can be found on the website or checked by phone. The rest are refused. But if you happen to be one of these lucky ones, they will not ask you for anything other than your passport.

Even if you haven’t found a list of companies, you can submit an application and try to get approval.

Renaissance - without refusal to problem borrowers

• Amount: up to 700,000;
• Duration: 2-5 years;
• Rate: from 9.9%;
• Age: 24-70 years;
• Documents: passport + second additional one to choose from.

Renaissance is another company that, like Orient Express Bank, willingly cooperates with problem clients. They lend to pensioners, individual entrepreneurs, and other categories of the population for whom it is difficult to confirm their income.

Indicate the requested amount in the form - in this case, registration without certificates only with a Russian passport.

Don’t forget to bring any additional document to the office - policy, TIN, license or SNILS. There are requirements for length of service - from 3 months, and salary - from 12,000 in Moscow and Moscow Region and from 8,000 in other regions.

4 conditions for obtaining the lowest interest rate

And finally, a few conditions for guaranteed receipt of a profitable loan. If you meet them, you can contact any bank you like. They will not refuse you and will make a good individual offer.

1. Good credit history. No comments here. If you have already had several loans in the past, which you repaid regularly and paid off the debt on time, if you used credit cards and did not miss mandatory payments, then there is a high probability that you will not have problems with payments in the future. Such clients are approved by any lender 100% without refusal. With a damaged CI, everything is obvious - there were problems, there may be again. But with zero history, some people have questions. Like, how is it that I didn’t have any arrears, since I never took out loans? Our answer is that with pure CI, banks simply don’t know what to expect from you. That's why they refuse.
2. Long experience and high white salary. Also pretty banal. Lenders need reliable borrowers, and the most solvent of them are those who have been working in the same job for several years and have climbed the career ladder, earning a large income. Here’s the paradox: loans are most readily given to those who already have money. And the lowest percentage is offered to those who can pay a larger monthly payment without compromising their usual standard of living.
3. Owned car or apartment. Another confirmation of the client’s solvency is the presence of some significant property. Ideally, real estate, a house, a plot or an apartment, but a car is also suitable if it is not older than 10 years. So, when you go to the office to sign the contract, take with you an extract from the Unified State Register for an apartment or a title for a car. Get a lower rate.
4. Ideal age from 25 to 40 years. Credit organizations consider the age of 25-40 to be the most solvent, since people here have already gained experience, built a career, achieved a high salary, but layoffs and retirement are still a long way off. They are the ones most willing to receive loans. But the most difficult thing to borrow cash for is students, people aged 18 to 21, and pensioners over 65 years old.

6 tips on how to get a loan at the lowest interest rate

1. Contact your bank. The first and most important advice is to start by sending an application to the bank where you receive your salary on the card. In this case, banks are often ready to offer the lowest interest rate, a larger amount and a longer term. In some organizations, minimum rates are generally available exclusively to salary clients. If you don't like the conditions at your bank, then go to where you have an open deposit or a credit/debit card that you use.
2. Don't be lazy to verify your income. Despite the fact that almost half of the companies from our review are ready to issue only 1 document without certificates, do not be lazy to draw up this very certificate and have it certified by the employer. If you have other sources of income, such as business, dividends on stocks and bonds, a rented apartment, or something else, try to get papers that can confirm this income.
3. Send the application to several banks. Do you want to compare what individual conditions different banks will offer you? Submit several applications. The main thing here is not to overdo it; many simultaneous applications can become a reason for refusal, and this has a negative impact on the CI. 2-3 applications to the most profitable banks will be enough.
4. Offer collateral. Do you need an even lower percentage, and even without certificates? Use secured loans. You can apply for a small one and receive cash at 7%-8% per annum only using your passport. The property and/or car must be your property. And you will have to repay the loan without fail if you do not want to lose the collateral (and they usually issue no more than 60%-70% of its value).
5. Refinance old loans. It is not necessary to take a new one, if you can simply take one previously taken at a high rate - from any of those who now offer up to 10% per annum. And if you need cash, after restructuring you can leave the same monthly payment and the same term, but get an additional amount of “real” money in your hands. As a bonus, you will receive one payment, and not 2-3 on different dates that are not very convenient for you.
6. Take a larger set of documents. The bank only asks for a Russian passport and 2-personal income tax? Bring a few additional documents with you. This will increase your chances of approval and allow you to count on a lower percentage. It is best to take with you documents on ownership of any real estate or car. A foreign document with travel notes for the last year is also a good confirmation of your financial solvency.

Consumer loan– one of the most common ways to obtain finance to meet your needs. For example, such needs as purchasing household appliances, furniture, paying for education, home repairs and much more.

The average period for which a client can receive a loan is from 1 month to 7 years, inclusive. In most cases, funds are issued in cash, but sometimes they are also credited to the client’s card. Many banks for obtaining a consumer loan up to 300,000 rubles require only one document - a passport. Financial institutions usually do not require other additional information. Those wishing to borrow an amount in excess of this limit must provide proof of their financial solvency to pay the debt (certificate of income) or leave their property as collateral.

Many financial organizations issue consumer loans in the amount of 100 thousand - 1 million rubles. Some banks provide a small loan of 5 thousand rubles, while other banks can provide a loan of up to 30 million rubles.

Our editors have collected the best offers for consumer loans currently existing on the Russian market in the table below.

Application to all banks at once

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What to do if you are denied a consumer loan?

There are cases when financial institutions refuse to provide a loan. Don't despair. There are 3 additional ways to get this service in Russia:

• You can improve your credit history;
• . The service is simple and fast. You can get a loan in cash at one of the company’s offices or to the user’s card using the official website. Refusals to provide a microloan are rare. In this case, the interest rate for debt repayment will exceed the bank rate;
• Submit a request for an express loan. This advice is suitable if you want to borrow a small amount of funds. Plus, the interest paid will also be inflated.

We lower the interest rate to a minimum

Reliability and reasonable responsibility of the borrower can help to obtain a lower interest rate. To acquire such a reputation in the eyes of employees of the bank’s financial department, it is necessary to provide a possible list of documents, including those indicating the client’s solvency. These include:

• Passport, international passport;
• Military ID;
• SNILS;
• Pensioner's ID;
• Medical policy;
• Assigned taxpayer code (TIN).

Information about permanent income and its size can be confirmed using a personal income tax certificate of the 2nd or 3rd form for the period from the last 3 to 6 months. In this case, the first option (2-NDFL) is more acceptable, since it indicates the constancy of financial income.

In addition, it is appropriate to enlist the support of one or more guarantors and provide information about the collateral.

Additional factors affecting the interest rate

The amount of repayment of a consumer loan is influenced by the following factors:

• Accrued interest;
• Additional commission fee (monthly or one-time);
• Repayment scheme.

You can find out the full list of items that make up the overpayment when repaying a consumer loan from the contract. At the same time, before formalizing the agreement, the bank employee is obliged to provide the client with a calculation of the amount to be paid. Sometimes more than half of the monthly payment goes to cover interest charges, resulting in the client overpaying.

Before signing the contract, carefully analyze the monthly payment scheme and the number of additional commissions.

Interest on a loan agreement is an important factor when choosing a loan. This value determines how large the overpayment for using bank funds will be. The most favorable conditions are offered to regular borrowers with a good credit history. But the interest rate also depends on a number of other factors. In this article, we will look at the lowest interest rates on a loan and which banks are best to draw up an agreement with.

What does the interest rate depend on?

Every year the minimum annual lending rate changes. Recently, it has become increasingly easier to obtain a consumer loan at a minimum interest rate. This is due to the fact that the Central Bank continues to reduce the refinancing rate. At the time of writing, the bank has lowered the rate to 8.25%.

Commercial banking organizations receive loans from the Central Bank at 8.25% and formulate their proposals taking into account costs and profit. At the moment, some of the lowest interest rates on consumer loans can be found here:

• Eastern Bank – 9.9%;
• Rosselkhozbank – 10%;
• Gazmprombank – 11.7%;
• Svyaz-Bank – 11.9%.

Banking organizations also set low rates on consumer loans if they have insurance contracts. After all, when connecting to insurance, the risk that the money will not be returned is lower. Banks, receiving additional guarantees, are ready to reduce loan rates.

Loyal customers enjoy additional benefits. Banking institutions issue consumer loans on more favorable terms to those borrowers who in a given bank:

• has been borrowing for a long time and repays current payments on time;
• owns a salary card;
• has deposits or deposits;
• uses other bank services.

Therefore, the answer to the question: “Which bank has the lowest interest rate?” may not be unambiguous, as it depends on a number of listed factors. The best option is the one in which you constantly receive credit. But we will look at the current offers and see which bank has the lowest interest rates.

A loan at the lowest interest rate can be obtained from Eastern Bank. The offer of this company starts at 9.9% per annum. The maximum rate reaches 26%. A loan can be issued from 300,000 to 30 million rubles. The minimum loan term is one year. The maximum duration of the contract can be 20 years.

To obtain loans at a low interest rate from this bank, you will need to secure a deal. Suitable collateral:

• apartment;
• plot of land;
• a private house;
• commercial real estate.

The bank is ready to issue a loan with a minimum annual interest rate, including on behalf of individuals. A Russian citizen aged 21-76 years with registration in the region where there is an office of the Eastern Bank can act as a client or guarantor. The minimum length of service at the current place of work may be 3 months. And for those under 26 years of age, the experience must be at least one year. Vostochny may not require a certificate of income.

To approve a cash loan at a minimum interest rate, you must prepare the following package of documentation:

• passport;
• an application can be submitted on the website;
• income certificate in 2-NDFL format or on a bank form;
• copy of the work document;
• property document;
• ownership;
• Marriage certificate.

After filling out the preliminary application and receiving a positive response, you can request a sufficient list to fulfill individual conditions.

Loans at low rates are offered by Rosselkhozbank. 10% per annum can be obtained when signing an agreement for an amount from 200,000 to 750,000 rubles. At the same time, the terms of the transaction are limited - up to one year. But at 17% per annum, the bank is ready to provide an amount from 10,000 to 200,000 rubles, and for a period of up to 7 years.

Low loan rates are possible when signing an insurance contract. Without fulfilling this condition, you can add 6% per annum to the base tariff. In this case, the banking company will not require collateral or guarantee.

Rosselkhozbank is ready to cooperate with employees of government agencies or clients who have an excellent credit history. The borrower's age ranges from 23 to 65 years. The minimum experience starts from 4 months. Citizenship and registration in any region will also be a sufficient condition.

• certificate showing income;
• passport;
• application;
• a copy of the employment contract with the employer;
• a copy of the work book;
• if the client is under 27 years old, then he must present a military ID or registration certificate with a deferment from the army for the duration of the loan agreement.

Often loans at low interest rates can be obtained by providing real estate as collateral. Gazprombank is no exception to this. The lowest interest rates of 11.7% are issued for up to one year and for amounts from 500,000 to 30 million rubles. For a period of one year to 15 years, you can take the same loan, but at 12.7%. The following can be provided as collateral:

• real estate;
• Personal car;
• commercial transport.

Also, a small percentage under the agreement is available when a guarantor is provided in the form of an individual. An additional financial burden is property and personal insurance, as a prerequisite for taking out a loan at a minimum interest rate.

Employed persons with at least 6 months of experience and registration in the bank's representative area are accepted as borrowers. The client's age is 20-65 years.

The lowest interest rates on loans are available upon presentation of the following package of documentation:

• passport;
• application;
• 2-NDFL or documents that can confirm solvency (according to the bank form, bank account statement with official stamps).

In our rating, this bank with low interest rates on consumer loans is presented with a refinancing offer. Refinancing is the refinancing of your debts with another banking company. Thus, you can pay off the debt by drawing up an agreement with Svyaz-Bank at 11.9%. The loan amount varies from 30,000 to 3 million. The duration of the agreement ranges from 6 months to 7 years.

An additional condition is the registration of insurance; without this, you can add 3% per annum to the normalized rate. There is no need to provide collateral or guarantors. The client must have at least 4 months of experience and be between 21 and 65 years of age. Registration at the location of the bank.

A low interest rate on a consumer loan is possible with a complete set of documentation, which includes:

• passport;
• statement;
• second document (driver's license, military ID, international passport).
• 2-NDFL;
• employment history;
• documents on the current loan that needs to be refinanced.

Another bank with the lowest loan interest rates is Renaissance Credit. Rates range from 11.9 to 25.5%. The minimum amount is 30,000 rubles, the maximum that a banking organization is ready to provide is 700,000 rubles. The duration of the contract starts from 2 years and ends with 5 years. There is no need to sign additional insurance, secure the transaction with collateral or invite guarantors.

The client must be between 24 and 70 years of age. Also have a residence permit in the region where the loan is issued. There are restrictions on solvency - Moscow residents must earn at least 12,000 rubles. In the regions, income should start from 8,000 rubles. The lowest interest rate on a consumer loan can be obtained by providing proof of income, although proof of solvency is not required.

Documentation

• application completed on the website;
• passport;
• another identification document.

Low interest rates are available if you provide proof of income and a copy of your work record book.

The contract with the lowest interest rates at Uralsib is drawn up exclusively for 13 months, and the amount can be from 50,000 to 100,000 rubles. In this case, interest on the loan will be 11.9% per annum. The same amount can be issued at 17-22%, but for a period of 14 months to 7 years. The bank will not require insurance or other security.

Suitable borrowers are from 23 to 70 years old with registration in the region where there is a bank and with a short employment history in their current place of 3 months.

• a certificate in 2-NDFL format or, which will be provided by the bank;
• passport;
• application;
• copy of the work document.

Consumer loans at a minimum interest rate

Today, banks are gradually reducing interest rates on consumer loans, but they are doing this extremely reluctantly. For example, some credit institutions advertise minimum rates in an attempt to attract customers. But in fact, they issue loans at a high interest rate, reducing it to the stated amount only a few months after the money is issued.

This strategy can be considered a cunning trick by bankers, but on the other hand, for many individuals, for example, those who cannot boast of an ideal credit history, this is a good opportunity to borrow money for a long term at an acceptable rate. Agree, many of us, having been refused a loan from large state banks, are ready to overpay slightly for a couple of months, but then repay the loan for several years at a low rate. In addition, this is a chance for clients with a bad credit history.

It should also be noted that many banks today require a minimum package of documents from borrowers and even issue consumer loans using only a passport. If you provide a certificate of income and a copy of your work record, you can borrow a very large sum from the bank at a low interest rate and for a long period of time.

10 consumer loans with low interest rates

Here we have collected the best offers from banks in Moscow, St. Petersburg and other cities of the country, where today you can take out a consumer loan on favorable terms. The interest rate will be low, but the probability of approval of the loan application will be high.

Loan for any purpose at Otkritie Bank

Today you can get from 50,000 to 5 million rubles from Otkritie Bank, with no collateral or guarantee required. Funds are issued for a period of 24 to 60 months, that is, from 2 to 5 years. A decision on the application is made within 15 minutes to 2 working days. The only restriction is that the funds received cannot be spent on business-related purposes.

Who can get the money

What documents are needed

Easy loan from Gazprombank

Gazprombank today offers loans from 50,000 to 3 million rubles. Funds can be borrowed for a period from 13 months to 7 years. In this case, to receive money you do not need to involve guarantors or leave anything to the bank as collateral. The loan is issued without collateral.

Who can get the money
Age from 20 years; experience of 3 months.

What documents are needed
Passport + 1 document + Confirmation of income.

Raiffeisenbank loans

At Raiffeisenbank today you can get a loan for any purpose without collateral or guarantors. Up to 500,000 rubles can be borrowed with just two documents. All you need is a passport and income certificate. If you ask for a large amount, you will have to carry a copy of the work permit. Citizens of the Russian Federation, except individual entrepreneurs, aged 23 to 67 years can receive a loan.

Who can get the money
Age from 23 years; experience of 3 months.

What documents are needed
Passport + Proof of income.

Cash loan from Home Credit Bank

A consumer loan from Home Credit Bank can be obtained without collateral or guarantors. There is also no issuance fee. Those who have already borrowed from Home Credit Bank can count on an amount of 1 million, and new clients will be offered to first borrow up to 500,000 rubles for a period of up to 5 years. The package of documents is minimal: the loan is issued according to your passport. But you can also provide SNILS, and for pensioners - a certificate from the Pension Fund. Citizens of the Russian Federation under the age of 70 who have a permanent source of income can apply.

Who can get the money
Age from 18 years; experience of 3 months.

What documents are needed
Passport + 1 document + Confirmation of income.

Alfa-Bank loans

Today you can take out a loan from Alfa-Bank without commissions or guarantors, and the rate does not depend on the availability of insurance.

Citizens of the Russian Federation aged 21 years and older can receive the money. It is important to have a permanent income of 10,000 rubles after deducting all taxes and continuous work experience of at least 3 months.

Who can get the money
Age from 21 years; experience of 3 months.

What documents are needed
Passport + 1 document + Confirmation of income.

Sovcombank loans

Sovcombank has many loan programs for obtaining money for various purposes. Using your passport, you can take out a loan in the amount of up to 40 thousand rubles. And you can get up to 30 million rubles using real estate as collateral. An important advantage of Sovcombank is that pensioners up to 85 years of age can get a loan here, and no extra certificates or documents are required.

From 8.9%	Min. bid
Up to 100,000 rub.	Max. sum
	Max. term

Who can get the money
Age from 20 years; experience of 4 months.

What documents are needed
Passport + 1 document + Confirmation of income.

Loans from Renaissance Credit Bank

At Renaissance Credit Bank you can receive money on the same day of application. The bank is most likely to approve a loan to clients aged 25 to 70 years, who can confirm their employment with a copy of a work book certified by the employer or an employment contract. It’s good if the borrower has an income of more than 8 thousand rubles per month.

Who can get the money
Age from 24 years; experience of 3 months.

What documents are needed
Passport + 1 document.

UBRD loans

The Ural Bank for Reconstruction and Development is registered in Yekaterinburg, but it has offices in many cities of Russia: Krasnodar, Nizhny Novgorod, Kazan, Samara and others. You can take out a loan from UBRD by providing only a passport and income certificate. Clients aged from 21 to 75 years with a total work experience of 12 months, 3 of which were at their last place of work, can receive money. By the way, UBRD has a special product for older people - the “Pension” loan. Pensioners can receive money only with a passport.

Who can get the money
Age from 19 years; experience of 3 months.

What documents are needed
Passport + 1 document.

Loans from OTP Bank

OTP Bank today provides the opportunity to issue cash loans to individuals on favorable terms. Depending on the client’s needs, the credit manager will select the most suitable lending option. Applying for a loan at OTP Bank is possible in just 15 minutes. Citizens of the Russian Federation aged 21 to 68 years, including pensioners and individual entrepreneurs, can apply for money.

Who can get the money
Age from 21 years; experience of 3 months.

What documents are needed

Low interest loans from Vostochny Bank

At Vostochny Bank you can get the necessary amount of money without unnecessary certificates and other documents. A loan in the amount of up to 1 million rubles is issued according to your passport, the application is processed quickly, and the rate is quite low.

A consumer loan from Vostochny Bank can be provided to any employed citizen of the Russian Federation aged 21 to 76 years with at least 3 months of work experience at their last place of work.

A loan for a larger amount - up to 30 million rubles - can be obtained from Vostochny Bank using real estate as collateral. The loan is issued for a period of 15 years, and the interest rate in this case will be minimal.

Who can get the money
Age from 21 years; experience of 3 months.

What documents are needed
Passport + 2 documents + Confirmation of income.

Loan calculator: calculate payment online

How to get a consumer loan at a low interest rate

✓ First, contact the bank where you are a payroll client. If you receive a salary on a Sberbank card, then the first thing you do is go there for the money; if you are a salary client of VTB, then act accordingly. In your “native” banks, you will most likely receive lower interest rates and a minimum package of documents.

✓ Secondly, don’t get hung up on one bank. Consider several options. Apply to multiple places at once. Believe me, each bank will offer you its own interest rate and you can choose the best option.

✓ Thirdly, don’t be lazy to collect more documents. Many banks today issue cash loans without proof of income, and sometimes only with the passport of a Russian citizen. This is convenient, but the interest in these cases is unlikely to be minimal. To get a really low rate, confirm your financial solvency with documents: a certificate in form 2-NDFL and a copy of your work record book.

Do you know that…

A loan today may be denied due to a high personal income tax

Before applying for a loan, try to at least approximately calculate your Debt Load Index (DLI). It represents the ratio of monthly loan payments to the client’s total income, confirmed by documents.

Today, all banks and microfinance organizations must necessarily calculate the personal income tax of each client who plans to borrow more than 10,000 rubles. If it is high, then the money will most likely be refused.

How to calculate PDN

Banks and microfinance organizations use a rather complex formula for calculations. But you can roughly calculate your PDN yourself. To do this, you need to divide the monthly expenses for all loans by income.

PDN = (all loan expenses for 12 months / official income for 1 year) × 100%

If you pay more than half of your income to repay loans, then such a personal income tax is considered high and a new loan may not be given.

To increase the likelihood of loan approval:

✓ Repay existing loans as much as possible;

✓ Reduce credit card limits;

✓ Provide documents to confirm income received other than at your main place of work;

✓ Find a co-borrower with a high income.

How to assess your strengths before getting a loan

Before applying for a loan, it makes sense to conduct an experiment, that is, try to live for at least a month on the money that will remain after making the loan payment.

This is advised by the first vice president of the self-regulatory organization (SRO) National Association of Professional Collection Agencies (NAPCA).

This way you can understand whether it is realistic to live on the amount remaining after paying the monthly payment or not.

Ideally, loan payments should not exceed 30-40% of income.

Please note that the above conditions and interest rates on deposits of individuals are not a public offer.