Taking out a car loan has become a fairly common way to purchase a car. The ability to purchase a vehicle today, rather than saving up for years, can significantly reduce the time to achieve your goal. Raiffeisenbank offers the future car owner a loan without a down payment on the most favorable terms. Minimum requirements for the borrower and individual consideration of each application makes the application procedure quick and pleasant.

Existing lending programs from Raiffeisenbank

Raiffeisenbank offers borrowers a number of attractive loan programs. You can get loans from the bank in cash or by card. The financial institution offers low interest rates for both consumer loans and targeted loans. For clients with salary cards, unique offers have been developed, characterized by reduced requirements and a simplified package of documents.

At Raiffeisenbank you can get:

• cash loan for any purpose without collateral or guarantors;
• credit cards with a wide variety of bonuses for using money;
• car loan;
• refinancing existing loans.

Each program has its own unique conditions. Young people and the elderly can become bank borrowers. Applicants are divided into four main groups:

1. Salary clients.
2. Bank employees.
3. Premium clients.
4. Clients not included in the first three groups.

To receive the required amount, you only need to fill out an application and provide the required list of documents.

Any of these loan programs can be applied for the purchase of a car. An existing car loan can be refinanced by lowering the interest rate and/or increasing the repayment term.

What are the terms of a car loan?

Raiffeisenbank offers a car loan, which is very different from standard car loans. No special requirements or restrictions. The choice of car is made by the borrower himself. Loans are issued for both a new car and a used vehicle. The financial institution does not limit selection by:

• number of former owners;
• brands and models;
• legal status of the seller;
• year of release.

A car taken on credit can be used for its intended purpose without restrictions. The title for the car also remains with the buyer.

The variety of loan programs offered allows each applicant to choose the most suitable option. Using an online calculator, you can calculate different variations, obtaining the actual amounts of monthly payments and the amount of overpayment. A preliminary calculation will help you assess your financial capabilities and make a final decision on applying for a loan.

What is the duration of the procedure?

Car loans from Raiffeisenbank are tempting not only because of low interest rates and favorable conditions. The main advantage of the services offered is the speed of information processing. Submitted applications for car loans are processed in a few minutes.

The minimum response time is 2 minutes. The applicant will not have to wait several days. Within the first 10-15 minutes, an SMS message will be sent to the specified phone number with a response to the application. If it is necessary to clarify information, a bank specialist will call the future borrower.

Initial approval of the application is considered preliminary. To confirm it, the applicant must provide the bank with a package of documents that will confirm the facts specified in the application. Review of submitted papers is carried out within 2-3 days. If there are no discrepancies between the provided data, then the loan is issued in a manner convenient for the borrower.

Loan amount

The amount of a car loan, as well as the duration of the loan period, depends on which group the applicant belongs to.

The following conditions apply to payroll clients, bank employees and standard borrowers:

1. Loan amount from 90 thousand to 2 million rubles.

For Premium clients the conditions are different:

1. Loan amount from 250 thousand to 5 million rubles.
2. Repayment period from 13 months to 5 years.

The interest rate on a car loan depends on the loan amount and the inclusion of the financial protection option from the bank. If you agree to receive financial protection, the applicant will apply for a loan under:

• 10.99% if the loan size is over 1 million rubles;
• 11.99% if the amount ranges from 500,000 to 999,999 rubles;
• 12.99% for loans less than 499,999 thousand.

Refusal of financial protection entails an increase in the interest rate, as the risks of the financial organization increase:

• 14.99% for a loan over 1 million rubles;
• 15.99% - from 500,000 to 999,999 rubles;
• 16.99% - less than 499,999 rubles.

For Premium clients, these three indicators are reduced by 1%.

Down payment amount

Raiffeisenbank issues loans for the purchase of a car without a down payment. Anyone can apply for the full cost of the car and purchase it without investing their own funds.

Borrowers who wish to invest the available funds into the purchase of a vehicle can receive only the required amount of the cost of the car. They will not need to deposit their own savings into a bank account to get approved for a loan.

What is the collateral for a car loan and additional fees?

The loan offer from Raiffeisenbank is not a targeted car loan. In fact, this is a consumer loan only for a large amount of money and for a period of up to five years. This approach greatly simplifies the conditions for obtaining a loan.

The borrower receives the required amount without collateral in the form of car collateral. The payer will not have to look for guarantors or secure the loan with other valuable property. No PTS liens until the loan is fully repaid. Full ownership of the car allows you to sell it at any time, which will not be a violation of the agreement with the bank.

Raiffeisenbank's conditions are transparent and simple. Complete absence of additional commissions will save the borrower’s money and make cooperation with the financial institution pleasant. The applicant himself chooses the interest rate calculation system that is convenient for him. He can use the financial security service and pay for insurance, which will significantly reduce the amount of payments. In the absence of such a desire, an increased rate is charged, which exceeds the basic conditions by 4% per annum.

How do I pay for insurance?

Insurance or financial protection against loss of solvency is taken out by the borrower at will. The insurance contract may include protection against the following risks:

1. Death of the payer.
2. Receiving harm to health.
3. Disabilities 1, 2 groups.
4. Job losses.

Insurance against job loss applies to cases where dismissal occurred for reasons beyond the employee’s control, for example, liquidation of an enterprise, layoff, failure to be elected to a position, refusal to transfer to another location, etc.

An applicant who wants to take out insurance selects the items necessary for him and is insured against everything at once. The bank calculates the amount, which depends on the completeness of the selected cases and the loan amount. Payment for insurance is made in a lump sum upon conclusion of the contract.

The calculated amount is added to the loan, that is, you will not need to pay it from your own funds. Insurance increases the amount of credit liability, while the borrower receives the loan amount that was originally agreed upon.

Main requirements for borrowers

Persons who meet the following requirements can receive a loan to purchase a car:

• citizenship of the Russian Federation;
• availability of permanent registration on the territory of the Russian Federation. It is important that the applicant is registered in the region where the Raiffeisenbank office is located;
• age from 21 years. At the time of making the last payment, the payer must be no more than 65 years old;
• presence of work experience. Only the length of service at the last place of work is taken into account - at least 4 months;
• official employment at the time of submitting an application to the bank;
• the minimum income at which loans can be issued is 10 thousand rubles. For residents of Moscow, the Moscow region, St. Petersburg and the Leningrad region, this figure has been increased to 15,000 rubles.

Loans are issued to individuals and individuals. When filling out the application, be sure to indicate your landline and mobile phone number.

What documents will be needed?

The package of documents required to obtain a loan for the purchase of a vehicle depends on the size of the loan being issued. If we are talking about a loan of up to 300 thousand, then the applicant only needs to provide his passport.

A loan ranging from 300 thousand to 1 million will require, in addition to a passport, proof of income level. To confirm your solvency, you must bring one of the following documents to the department:

1. Certificate of income in form 2-NDFL or in bank form.
2. Tax return in form 3-NDFL.
3. Extract from the Pension Fund.

For large car loans, over 1 million, in addition to a passport and proof of income, you must provide employment documents. It could be:

• a copy of the work record book certified by the employer;
• a certified copy of the military service contract;
• license to carry out notarial activities (for notaries);
• lawyer's certificate (for lawyers).

There are no additional requirements for the listed list of documents.

The process of obtaining a car loan

You can apply for a car loan online on the official website of Raiffeisenbank or at any branch of the organization. To receive a cash loan, you must follow the following procedure:

1. Collect the necessary package of documents.
2. Fill out an application form for consideration as a borrower.
3. Submit all papers to the organization’s specialist for registration.
4. Wait for the loan to be approved, and then come to the bank to sign the loan agreement.
5. Receive funds in cash or by transfer to a card. Money is available on the day of signing the agreement with the bank.

After receiving the funds, all that remains is to pay for the selected car and register it in your name.

A simple and understandable lending scheme allows citizens to purchase cars without a down payment or collateral.

Unlike other banks, Raiffeisenbank offers consumer loans, with the help of which you can purchase the car you like for cash, both in the showroom and second-hand. As such, this bank does not offer car loans, but there are many ways to get cash without additional conditions.

On the one hand, there are some disadvantages to this approach: dealers do not offer special discounts and promotions. However, if you look at the issue more carefully, there are many more advantages:

• it is not necessary to insure the car under CASCO;
• when buying a car for cash, you can always get a good discount at a dealership or from a private seller;
• there is an opportunity to buy a car in another city or even country;
• The loan amount can include the necessary expenses for insurance, purchase of winter tires, etc.

Let's consider what kind of loans can be obtained from Raiffeisenbank with further investment in the purchase of a car.

Personal loan

Raiffeisenbank, whose car loan can be obtained on affordable terms, offers a low interest rate and a fairly long loan term under a personal program. To complete such an offer, you do not need a deposit or commission. The preliminary application is reviewed and a response is received online within 1 hour.

After preliminary confirmation, all that remains is to collect the necessary package of documents and contact the nearest branch in Nizhny Novgorod, Yekaterinburg, St. Petersburg, Ufa, Samara or any other city in the Russian Federation.

The loan is provided in rubles for a period of one to five years. The minimum amount for lending from Raiffeisenbank is 90,000 rubles, and the maximum is 2 million. The interest rate directly depends on the amount and terms. The minimum annual percentage is 11.99%, the maximum is 13.99%.

Please note that in case of delay, 0.1% of the overdue debt is charged for each day.

Citizens of Russia over twenty-three years of age, but under 67 years of age (at the time of expiration of the agreement) are eligible to receive a loan. A permanent place of work and provision of a stationary work number for the security service are also required. This program does not provide funds for individual entrepreneurs, businessmen and lawyers.

In order to apply for this loan at Raiffeisenbank, you must submit:

• passport;
• questionnaire;
• certificate of income (can be either 2-NDFL or in the form of a bank);
• a copy of the completed employment form.

If the loan amount does not exceed 500 thousand rubles, then a work book is not needed. Also, if you indicate in the application form that you have additional income, you will need documents confirming their availability and stability.

For salaried employees and partner companies

Citizens who work at partner enterprises of Raiffeisenbank have a unique opportunity to receive a consumer loan for the purchase of any car on preferential terms.

The main difference for such clients is the fixed interest rate of 11.99%.

The loan is provided in rubles from one to five years. The minimum amount for lending from Raiffeisenbank is 90,000 rubles, and the maximum is 2 million. It is possible to defer the first payment on a loan from Raiffeisenbank for two months.

Taking out a loan is very simple: you can get online advice from a specialist, fill out a preliminary application on the website, and after receiving approval you need to submit a package of documents to the selected office. It is also possible to call a loan specialist to your home or office. This allows you to save time and effort when visiting a Raiffeisenbank branch.

There is also a huge advantage - a preliminary decision is announced within 1 hour.

This program does not provide for any hidden loan fees, but for late payments you will have to pay a fine of 0.1% of the amount for each day.

This program can be used by citizens who meet the general lending requirements of Raiffeisenbank (age from 23 to 67 at the time of loan expiration, citizen of the Russian Federation with a mobile and landline work number), who are also employees of the bank’s partner companies.

Salary clients of partner firms only need to submit an application form and a passport. Those employees who do not receive wages into a Raiffeisenbank account will also have to provide:

• a certificate of income (can be either 2-NDFL or in the form of a bank) or a declaration for the last year;
• a copy of the completed employment form.

If the loan amount does not exceed 500 thousand rubles, then a work book is not needed. Also, if you indicate in the application form that you have additional income, you will need documents confirming their availability and stability.

For Premium clients

Premium clients of Raiffeisenbank have the opportunity to receive a consumer loan of up to 2 million rubles for any purpose without fees or collateral. Guaranteed fixed interest rate of 11.99%. The minimum loan amount in this program is too high - 250 thousand rubles.

The requirements are the same as for standard lending: citizens of the Russian Federation from 23 to 67 years old with a job and a mobile phone. Salary premium clients have the opportunity not to submit income certificates to the bank.

A distinctive feature is quick decision making, as well as the allocation of a separate manager for the entire duration of the loan.

Advantages of lending from Raiffeisenbank

Let's consider why Raiffeisenbank's offers in Rostov-on-Don, Nizhny Novgorod, Yekaterinburg, St. Petersburg, Ufa, Samara or any other city in the Russian Federation are extremely profitable.

• Low interest rate. Raiffeisenbank offers good lending conditions, as well as a quick response to your application. Unlike standard car loans, there is no need to wait several days for a decision.
• An undeniable advantage is that keeping track of your payments, fully controlling all accounts, and making loan payments can be done very easily thanks to a convenient and free online bank or using a mobile application. Raiffeisenbank is one of those banks that are constantly improving their online versions and are actively working to minimize the reasons for visiting the bank.
• When you apply for any car loan at this bank, you receive a free debit payment card of the MasterCard Standard system, the opportunity to repay the loan early from the very first day of issue, the opportunity to defer your first payment for two months, and also become a participant in the Financial Protection program.

This program allows you to protect clients and their relatives from non-payments under the loan agreement. That is, if you lose your job or become disabled for some reason, the bank will pay an insurance benefit.

In addition, you have the opportunity to repay the loan without visiting a bank branch and without long queues. Raiffeisenbank offers to make monthly payments in one of the ways convenient for you:

Obtaining borrowed funds for a car is an opportunity to purchase a car now, without saving money for years. This is relevant for those who want to buy a vehicle, but cannot save up. For people whose work involves constant travel, this option is also beneficial. A convenient car loan from Raiffeisenbank is a popular solution to this issue.

Opportunity to buy a car at Raiffeisenbank

Customers can choose from a huge number of offers: more than 500 car models are provided.

There are also advantages to this. The buyer will receive a guarantee and will also know that the machine has been tested for serviceability. Car dealership prices, slightly higher than direct sales, pay for themselves automatically because the need for repairs after purchase is eliminated.

However, there is a limitation: you can buy a car only in one of the 2,000 car dealerships that cooperate with Raiffeisenbank. This condition will become an obstacle only for those who wanted to purchase a car “from hand” or through the car market.

Raiffeisenbank loan programs for buying a car

Anyone who wants to get a loan to buy a car should first use Raiffeisenbank's car loan calculator. This will allow you to immediately assess your capabilities and choose the appropriate car brand, term, and monthly payment. After this you can submit your application.

The bank does not have one general loan program for obtaining a car. There are several different offers that depend on the capabilities and wishes of the client. There are approximate conditions on the basis of which an individual offer is formed. To create a program for an individual borrower, the bank requires the following information:

• What documents can the client provide, what are his capabilities in terms of confirming his income and solvency. The interest rate and amount depend on this. Also, due to such documents, the likelihood of approval increases.
• Desired car brand. The borrower can calculate in advance using Raiffeisenbank's car loan calculator how much he will need to pay monthly for the desired model. Based on this information, the bank evaluates the borrower’s capabilities, taking into account his financial situation.
• Does the client need a new or used car? This is also important for the bank. Although new cars are more expensive, there is more confidence in them, so they are readily approved.

There is also a separate program - car loan refinancing at Raiffeisenbank. There are 5 car loan options:

1. Buying a used car.
2. Purchasing a used car from an unofficial dealer.
3. Buying a new car.
4. Purchase of a new car from a Russian manufacturer.
5. Buy-Back is a buyback program.

Raiffeisenbank periodically makes changes to the conditions of these programs. For example, the company does not currently provide detailed information on each of them. Therefore, no matter which option is chosen, you need to clarify the details with bank managers.

Lending terms

The most popular loan option is the purchase of a new foreign car, but there are still many supporters of used cars.

The conditions for a car loan at Raiffeisenbank for both cases are as follows:

New car	Used car
Up to 1.5 million rubles, if the borrower is willing to contribute 25% of the cost or more.	Up to 900 thousand rubles, if the client is ready to contribute 25% of the vehicle price.
Up to 3 million rubles with 40% deposit.	Up to half a million rubles if the deposit amount is 40%.
For a term of up to 3 years, the interest rate will be 26%.	The rate is calculated in the same way as for new cars.
If the loan is taken out for a period of 3 to 5 years – 28%.	CASCO can only be paid for the first year, after which it is not mandatory.

It is also possible to rent a car without applying for CASCO insurance at all. This is a saving at the time of purchase, but there are also disadvantages. Firstly, car loan interest rates at Raiffeisenbank are higher in this case - from 29%. Secondly, the maximum amount is 750 thousand rubles.

You can refinance a loan taken from another bank. There is a separate program for this task. Buy-back is an option for those who want to change their car every three years. After this period, the dealer will buy the car under the exchange program for a new vehicle. If you want to take advantage of this offer, you need to accurately calculate whether such an exchange is financially possible in 3 years.

All the options described above are general information about the conditions. To get more accurate numbers, you can use Raiffeisenbank’s online car loan calculator. The final conditions are calculated individually for each client based on the information they provide about themselves.

Basic conditions

So, the borrower can count on:

• Amount up to 3 million rubles. The minimum size is 80 thousand.
• Terms up to 5 years.
• Contribution from 25%.

Is it possible to get a car loan from Raiffeisenbank without a down payment? This organization does not provide such an opportunity. But you can buy an inexpensive car and then even 25% will become an insignificant amount.

Today, car loan interest rates at Raiffeisenbank are among the most acceptable for clients. Flexible conditions are also attractive. Therefore, cooperation with this bank is considered a profitable solution.

Do you dream of your own car, but have doubts? It's time to use Raiffeisenbank's "Auto Loan" loan calculator to quickly understand the profitability of the loan and the ease of the transaction. The number of car loan programs will satisfy the needs of any client, pleasantly surprising with their conditions.

Raiffeisenbank is one of the leading credit institutions in issuing car loans. The number of partner showrooms is over 2000. About 500 brands of domestic and foreign automotive manufacturers are available for purchase. You can buy on credit not only a brand new car, but also a used car.

The bank offers future borrowers to choose the brand of car, the salon in which the contract will be concluded, as well as the option of the package of documents. Depending on the completeness of the collected securities, currency, loan term, and the amount of the down payment.

Conditions for a car loan at Raiffeisenbank:

• the purchased car becomes collateral;
• To complete the transaction, you must purchase a CASCO policy;
• The period for repaying the debt is 3 years. An option to increase up to 5 years is possible;
• annual percentage – 6.4 – 22%;
• a unique opportunity to receive from 6.5% per annum when participating in special promotions for certain cars;
• reduced coefficient (0.5%) for clients of salary projects;
• minimum limit – 80 thousand ₱;
• maximum loan - 1.5 million ₱ with a down payment of 15-25%. An increased limit of up to ₱ 3 million is possible if the client immediately pays 40% of the total cost of the car;
• variations of the down payment – ​​15-85%.

Interest rates

There are many offered auto programs for purchasing a car through a dealership. For 2020, the loan rate varies between 6.4-29%. The run-up seemed to be very significant, but it takes place.

Available car loan options:

Auto program (car brand)	Duration (years)	PV	Amount, rub.	Bid
Cadillac	5	15	3 million	15-18
Chevrolet (new)	6	15	3 million	15-19,5
Chevrolet (used up to 4 years)	5	20	1.5 million	15-16,5
Opel (new)	5	15	3 million	15-18
Opel (used up to 4 years)	5	20	1.5 million	15-16,5
Hyundai	5	15	3 million	13
Kia	5	15	3 million	13
Mitsubishi (new)	5	15	1.5-3 million	13,5-19,5
Mitsubishi (used up to 4 years)	5	20	900 thousand – 1.5 million	17-18
Opel Astra	5	15	3 million	16-18
Suzuki	5	15	3 million	14,5-17
Volvo	5	15	3 million	13-17
Volvo	2-3	30	3 million	5,13
Autoexpress	5	15	1.5 million	17
Car without wear and tear (Hyundai, Chevrolet)	5	15	1 million	18-20
More possibilities	5	20	750 thousand	19-23
Standard	3-5	15	638 thousand	6.4 – 12.5 (depending on the car brand)
Domestic car	3	15	638 thousand	11-15
Friendly (Chevrolet) Buy-Back	3	15	1.5 million	14-17
Reliable choice (for used ones up to 5 years)	3	20	1.5 million	17-18
Lady Spark (Chevrolet)	6	15	3 million	14-18
New foreign car	5	15	3 million	16-19
New domestic car	5	15	500 thousand	17-21
Refinancing	5	15	3 million	16-19
Polaris	3	30	550 thousand	16-19
Motor vehicles "Rosan and Sumako"	3	30	550 thousand	18,4
Motorcycles "Sport and Extreme"	3	30	550 thousand	20

Car loan from Raiffeisenbank with conditions available to many potential clients. If you have any doubts or something is unclear, contact the bank for clarification and selection of the desired program and car dealership.

An initial fee

The client can fulfill the minimum requirement for the chosen program, that is, make an initial payment in the amount specified in the contract. In general, the PV ranges from 15-20% of the total estimated amount. It is also possible to increase the PV up to 85%. Most often, this option is necessary to increase the issued credit limit.

Requirements for the borrower client

There is simply little desire to get a car on credit; you must meet a number of requirements of a banking institution. Namely:

1. age – 23-65 years. According to the standards developed by Raiffeisenbank, the client cannot be younger than 23 years old, and also no older than 65 years old at the time of the last payment under the loan agreement;
2. total income – 15 thousand ₱ for the capital and Moscow region, 10 thousand ₱ for other regions;
3. continuous experience - from 4 months in one place for individuals, businessmen - 1 year, for clients who previously entered into loan agreements with Raiffeisenbank with a successful outcome - 1 month;
4. car registration must be carried out in the region in which the bank branches are present;
5. provision of landline and mobile phones for communication;
6. availability of funds to make a down payment;
7. complicity of the guarantor (optional). This item gives you a chance to increase the loan amount.

Collection of documentation

What documents can the bank ask for? There are two package options: simplified and full. If you choose the second one, you can count on a reduction in the rate on your car loan.

List of required papers according to a simplified scheme:

• passport;
• military ID/passport;
• driver's license.

Full list:

1. passport;
2. income certificate;
3. labor contract or employment contract;
4. driver's license.

Raiffeisenbank considers applications from clients who are not officially employed. The rate on such a car loan will be higher, but the amount will be lower.

You cannot submit an application form online, but to save time at the bank, you can print the form from the website.

Conditions of CASCO Insurance for car loans in Raiffeisen

Car insurance is an important point in such contracts. It is impossible to refuse it; not a single bank will agree to the deal. CASCO is required. Many banking institutions enter into transactions separately from insurance, that is, you first choose a car, agree on its purchase, then buy insurance, provide a certificate to the bank, and only then receive a transfer of funds to the car dealer’s account.

Raiffeisenbank offers borrowers a loan with a CASCO policy included. In this case, you can only count on 85% of the loan from the value of the car.

Any companies from the list https://www.raiffeisen.ru/common/img/uploaded/files/retail/carloans/spisok_strahovikh_comp_avto.pdf that meet the bank’s requirements are suitable for concluding a CASCO agreement.

Online down payment amount calculator

The Raiffeisenbank car loan calculator is available on the website. It's quite easy to use. The service is located in the “Loans” section. Fill in the information and get the most approximate version of the monthly payment, overpayment, and repayment schedule.

For a more detailed calculation, it is recommended to visit a banking institution for consultation. The specialist will help you choose a Raiffeisenbank car loan program, calculate the amount of the down payment and payments using a calculator, and also describe the terms of the agreement in more detail.

Need a car? Contact Raiffeisenbank. Save on interest, get your dream car and excellent service.