Priorbank loans for individual entrepreneurs. Loans from Priorbank
Priorbank is one of the most popular banks in the Republic of Belarus. In the branch of this financial institution, citizens have the opportunity to obtain loans on very favorable terms without overpaying a lot of money.
At Priorbank, loans are issued both for consumer needs and for the purchase of housing, both in national and foreign currency.
The greatest demand among Belarusians is a loan for consumer needs from Priorbank; it can be obtained under a special program developed for individuals. It is also possible to purchase your own home using borrowed funds, the main thing is to meet the range of requirements of the lender.
For consumer needs
Among the list of lending programs currently operating at Priorbank, the “Simply Shopping” tariff is considered to be the most popular.
The conditions and interest rates that characterize this program are more than acceptable; the main thing is to take the loan application process responsibly, including filling out the application.
- annual interest rate (the rate can be either increased or decreased, which directly depends on the loan amount and the borrower’s consent to issue a personal insurance policy):
- minimum level – 15%;
- the maximum level is 19%.
- period of use of funds:
- 1 year, no less;
- 5 years, no more.
- consumer loan amount in cash:
- from 500 euros;
- up to 10 thousand euros.
The peculiarity of this lending program is that in case of a positive response to the application, loans will be issued in foreign currency - euros.
For the purchase of housing
It is worth noting that you can get a loan to purchase a home from Priorbank under several loan programs. Having analyzed the conditions of each tariff, taking into account the reviews of satisfied borrowers, we can safely conclude that the most beneficial program for citizens will be the “Purchase with collateral” tariff.
Its use does not require clients to obtain insurance or guarantee from third parties:
- annual interest rate:
- from 11.5%;
- up to 14%%.
- term of use of borrowed funds:
- minimum period – 5 years;
- maximum period is 15 years.
- mortgage loan amount for home purchase:
- 4.5 thousand euros, no less;
- 108 thousand euros, no more.
In this case, the loan is issued in foreign currency. Also, in this context, it is worth emphasizing to readers that in the absence of valuable property, you can buy housing within the framework of the “Friendly Family” tariff. However, borrowers will be required to take out an insurance policy and also have another guarantor for the loan, in addition to their spouse.
Refinancing
At Priorbank you can refinance a loan - this, by the way, is another very popular loan product that can be issued without certificates or guarantors, even to pensioners.
- interest rate:
- for Priorbank clients receiving wages on a financial institution card – from 14% to 19%;
- for all other borrowers – from 15% to 19%.
- lending period:
- 1 year, no less;
- 5 years, no more.
- The maximum size of a refinanced loan at Priorbank is 10 thousand euros.
Requirements for individuals
In order for the process of obtaining a much-needed loan to be successful, the potential borrower will have to meet a certain number of lender requirements:
- age – 18 years, at least;
- citizenship – Republic of Belarus;
- employment – having a permanent place of work.
From the above, it can be understood that Priorbank issues loans to individuals on quite acceptable terms; the requirements cannot be called strict, as, strictly speaking, the list of required documents is also minimal, because it is minimal.
Package of necessary documents
Issuing a loan to an individual will be impossible if the client wishing to take out a consumer loan or mortgage loan cannot provide the lender with a number of the following documents:
If the borrower is an individual entrepreneur, he will need to prepare a more detailed and wide range of documents. The name of the required documents can be found by calling the Priorbank hotline number – +375 17 289 90 90.
Priorbank is one of the largest financial institutions in Belarus. It offers favorable conditions for obtaining consumer loans, mortgages, car loans, deposits and programs for businessmen.
Loans from Priorbank are processed quickly and are convenient to repay. But the main advantage is reduced interest rates compared to offers from other financial institutions in the country.
On what terms does Priorbank issue loans to individuals?
Individuals can apply for any of the following loan products at Priorbank:
Consumer loan in cash for any purpose;
Credit cards;
Non-cash loan to pay for goods;
Loan to pay off current debts to other banks (refinancing).
Non-targeted consumer loans are issued for a period of 1 to 4 years. The maximum loan amount is 5,000 euros in Belarusian currency. For borrowers receiving salaries on a Priorbank card, the limit increases to 7,000 euros.
The interest rate is fixed at 25% per year. The loan is issued to citizens aged 22 to 58 years; at the time of debt repayment, the borrower must be no more than 63 years old.
A loan with a transfer to a card is issued for 1-4 years. The limit is also 5,000 or 7,000 euros, depending on the client’s status. The interest rate is 23% per annum for amounts up to 5,000 euros, 20% per annum if the limit exceeds 5,000 euros.
A non-cash loan for the purchase of a particular product is issued at a bank branch or at a retail outlet. The maximum loan amount is 10,000 euros. The period is set individually - from 6 months to 4 years. The interest rate depends on the place of registration, the group of goods purchased and ranges from 20 to 30% per year.
Priorbank also offers loan refinancing. The product is called “Loan to repay loans from other banks.” Issued at 20 or 23% per annum, depending on the amount, which can reach a maximum of 10,000 euros. The duration of loan obligations varies from 1 to 4 years.
How to apply for a consumer loan at Priorbank?
Priorbank became the first bank to offer residents of Belarus to apply for loans online. In general, you can apply for any of the loans:
At a bank branch;
On the organization's website;
In telephone mode.
Not only the online application, but also the Priorbank loan calculator simplifies the lending procedure. The service will allow you to quickly calculate the total cost of the loan, the amount of the monthly payment and the overpayment. This way you can compare several loans and choose the most suitable one.
Basic requirements for the client:
Priorbank cooperates only with officially working borrowers who:
Have at least 6 months of experience;
They can present a certificate of average earnings;
Suitable for ages – from 22 to 58 years;
Have no overdue loans (both current and already repaid).
Another nuance is that in order to receive the maximum loan amount, the borrower must receive a salary of about 80 euros per month. A client who meets these requirements can apply for a loan in any convenient way.
Loan repayment methods:
There are many options for making monthly loan payments at Priorbank:
Through the Internet Banking system;
Using SMS Banking;
In BelPochta branches;
In Priorbank payment terminals;
Through a card in Internet banking;
By debiting from an account in another bank;
Through the “Calculation” system;
At the cash desk of a Priorbank branch.
Why are the lending conditions at Priorbank attractive?
There are many advantages of obtaining a consumer loan from the largest Belarusian bank:
Large amounts of loans;
Long loan terms;
Low interest rates;
Automatic life and disability insurance of the borrower;
Possibility of early repayment without penalties and commissions;
Pre-payment service using the Priorbank loan calculator;
Several convenient ways to repay a loan;
Possibility of submitting a request remotely (via the Internet or by phone).
Priorbank is a fairly strong financial organization that enjoys the trust of hundreds of thousands of clients.
Convenient methods of registration and repayment, quick verification of information, loyal attitude towards borrowers - all this makes the bank one of the most popular among Belarusians.
What loans for individuals are available today at Priorbank?
At the moment, almost no major purchase, opening a business, renovation, and much more can be done without loans. A profitable loan can create some convenience, but an unfavorable one can become a real problem. This is why it is so important to take the issue of obtaining loans seriously and carefully choose the most convenient offers, avoiding large debts to banks.
Loans for individuals at Priorbank
Along with the opportunity to take out a loan from Belarusbank, there is also the opportunity to obtain loans for any purpose from the Belarusian Priorbank from the Raiffeisen group of companies. The organization provides loans for almost any purpose and purchase with low interest rates, as well as several types of credit cards. For clients who have bank accounts to which official income is accrued, the interest rate and requirements are reduced, and the package of necessary documents is also simplified.
Consumer loans
Two consumer loans, “Simply Shopping” and “Best Buys,” differ in their processing options. The first is available in a bank, the second - directly in the store. In addition, registration is also possible on the website through an online application. By applying for a loan from Priorbank, you can count on constant support and the opportunity to order and receive advice.
The “Just Shopping” loan can have a term from 6 months to 4 years. Amount - from 500 to 10,000 euros equivalent. The minimum interest rate is 20%, the maximum is 23%. Annuity payments.
- Age - from 22 to 63 years (at the time of repayment);
- Work experience - at least 6 months in one organization;
- The minimum average income for the last 3 months is 265 BYN.
- Certificate of income;
- Sales and purchase agreement (or similar documents);
- Additional documents (for entrepreneurs);
- An agreement confirming the deposit of your own funds if necessary.
The “Best Buys” offer is available for registration directly at the point of purchase of a particular product. You can apply for it for 6-48 months at 30%. The amount can range from 160 to 4500 BYN.
- Age and experience as in the “Just shopping” offer;
- The minimum average income for the last 3 months is 210 BYN.
- Passport or residence permit;
- Certificate of income.
Cash loan
If there is a need to purchase a franchise in Belarus or for any other expenses, you can also get a cash loan. It is issued by Priorbank on the following conditions: amount from 13 thousand BYN, term - 1, 2, 3 or 4 years, rate - 25%. Applications can be submitted on the website, online banking and by telephone. Requirements: As per the Just Shopping offer.
- Passport or residence permit;
- Certificate of income for 3 months in the form of the bank.
Advice: Gaining access to an organization's online bank can save time not only when applying for a loan and receiving money, but also when managing accounts and payments.
For real estate
With the help of Priorbank, you can not only order a debit card online, but also build or purchase housing on credit. Its registration is possible both with and without a guarantee.
For housing construction. The minimum amount that the bank can provide for a loan will be 3.7 thousand BYN. The interest rate is 23%, and the term is 5, 10 or 15 years. The minimum down payment on the loan is 20%.
- Certificate of income (the total income of both spouses is taken into account);
- A document confirming payment of the required participation amount (down payment);
- Construction contract.
A loan for the purchase of real estate is issued under the same conditions. The difference is in the packages of documents. In this case, you will need a purchase/sale agreement, a document on the market value of the loaned object, and a document confirming the payment of the first payment.
Car loan
A loan for individuals for a new car from Priorbank can cost the borrower 23% per annum with a minimum loan amount of 5 thousand dollars equivalent for a period of 5 years. In this case, you will need a guarantee from your spouse, a deposit of the purchased car and full motor insurance. The basic requirements for lending include the requirement of a minimum average monthly earnings of 465 BYN.
A loan for any car can be obtained for 500–10,000 euros equivalent for a period of 1, 2, 3 or 4 years at 20-23%. Guarantee, deposit and compulsory auto insurance are not required. The minimum average income of the borrower must be 265 BYN.
- Passport or residence permit (your own or your spouse’s);
- Certificate of income (total income);
- Property purchase and sale agreement;
- Document confirming the first payment.
Advice: You can pre-calculate the monthly loan payment on the Priorbank website by selecting the program of interest in the “Loans” menu item. This will help you avoid questions about what to do if you cannot pay the loan to the bank, since this way you can compare your capabilities with the offer in advance.
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At Priorbank in Belarus you can get a loan for any purpose - from shopping in a store to building real estate. It is worth noting that the bank offers low interest rates, and the conditions and requirements are quite loyal and profitable. The bank's clients have access to technical support (including 24/7), as well as the opportunity to receive remote and self-service services, which allow them to avoid trips to bank offices.
Loans from Priorbank
The article will tell you about the current* credit programs of one of the leading banking institutions in Belarus – Priorbank. The publication will introduce you to the basic conditions of products and how to design them. Also from the article you will learn how to independently make a preliminary calculation of loan payments using a loan calculator – service on the lender's website.
Interest on a loan at Priorbank
The table shows the main conditions* for the institution’s loan products:
For salary clients, more favorable interest rates are provided for some products. For example, lending under housing programs for this category of clients is carried out at 38%.
The Bank issues real estate loans in the following main areas:
- Construction / equity participation in the construction of residential real estate - houses, apartments.
- Purchasing finished housing on the secondary market.
The standard terms of provision are common, namely:
- Possible loan terms – 5, 10 or 15 years;
- mandatory down payment - 20% of the cost of purchased or under construction housing;
- the applicable rate is 40%.
Loans for housing construction are issued by the lender under two main programs:
- “Friendly family” – provides for mandatory security of a loan in the form of collateral for a facility under construction and a guarantee from individuals. In this case, the maximum possible loan size is calculated taking into account the income of the involved guarantors. It is mandatory to take out an insurance policy for the amount of the loan debt.
- “Construction secured” – the loan is secured by housing under construction. The conditions provide for mandatory insurance of both the loan amount and the life of the borrower.
Consumers can purchase finished housing using the following loans:
- "Friendly family".
- “Purchase with guarantee” – the maximum possible loan amount is the equivalent of 21 thousand EUR**. The loan is secured by a guarantee from the borrower's spouse or other individuals. Pledging real estate and issuing any insurance policies is not necessary.
- “Purchase with collateral” provides for a mandatory pledge of the purchased property. Security in the form of a guarantee is not applicable under the program. It is necessary to obtain insurance for the amount of debt on the loan and the life of the borrower.
To apply for a housing loan, along with the application form, you must provide the lender with:
- passport or residence permit of the applicant, second spouse and guarantors;
- a certificate issued by the employer in the bank form about income for six months - for the applicant, spouse, guarantors;
- a certified copy of the book/certificate of work experience of the applicant, second spouse and guarantors.
Consumer loan at Priorbank
- Cash loan is a non-targeted loan with a maximum amount for the general category of consumers up to 5 thousand EUR**. For salary clients – 7 thousand EUR**.
- A non-cash commodity loan is a targeted loan for the purchase of specific goods/services. Lending is carried out under two programs: “Simply Shopping” and “Best Shopping”. The second type requires a mandatory prepayment of the borrower’s own money - 10% of the cost of the goods. For a loan amount of more than 5 thousand EUR**, and for salary earners – from 7 thousand EUR**, the amount of personal participation of the consumer starts from 20%.
A consumer loan from an institution is available to the following persons:
- within the age limit of 22-58 years. In this case, the age at the end of the loan period should not exceed 63 years;
- permanent work experience with one employer must be at least six months.
The applicant’s minimum monthly income must be at least 2.5 million BYR, and for the “Best Buys” product - from 2 million BYR.
Consumer loans are issued without collateral or guarantee. The terms of the loan provide for automatic loan insurance when it is issued.
Priorbank calculator
The calculator will allow the consumer to independently make preliminary calculations for a specific product. To make calculations, the user needs:
1. Select the desired type of loan.
2. Mark the parameters:
- calculation mode - based on the size of the loan or income;
- terms of payment – currency and term;
- additional data – availability of a salary card and insurance.
3. Provide information about current obligations and enter the requested amount or average monthly income, depending on the selected mode.
As a result, the program will issue a calculation indicating:
- the applicant's required income;
- the amount of the insurance premium;
- monthly loan payment amount.
How to get a loan from Priorbank
Priorbank offers consumers the following ways to apply for loan products:
- At the customer service center.
- Through the Internet banking service. Available to resource users who are current bank clients for credit products: cash loans, car loans, “Just shopping”.
- On the institution's website.
- By phone. A potential borrower must fill out a consultation application on the lender’s website. The lender’s specialist will contact the applicant at the number indicated in it, conduct a survey and fill out an application for a loan.
The execution of a loan agreement for the “Best Buys” product occurs directly at the point of purchase of the product/service.
Application for a loan to Priorbank
The lender has provided a potential borrower with the opportunity to submit an application form through its website. Completing an application in this way is possible only for credit products: cash loan, “Just a car” and “Just shopping”.
The application process boils down to step-by-step filling out its forms with data on:
- credit;
- personal and passport information of the applicant;
- residential address and contact numbers;
- labor activity;
- income and liabilities;
- availability of real estate, car, bank cards and accounts.
Interest on a loan at Priorbank
The table shows the main conditions* for the institution’s loan products:
| Bid, % |
Sum, min. – max. |
Term, years |
|
| Car loan "New car" | 40 | 5 thousand – 60 thousand USD** | 5 |
| Car loan “Simply auto” | 38 | 5 thousand – 10 thousand EUR** | 1 / 2 / 3 / 4 |
| For purchase / constructionreal estate | 40 | 3.7 thousand – 108 thousand EUR** | 5 / 10 / 15 |
| Cash loan | 39 | 500 – 7 thousand EUR** | 1 / 2 / 3 / 4 |
| Cashlesscredit for purchases: | |||
| Just shopping | 38 | 500 – 10 thousand EUR** | 1 / 2 / 3 / 4 |
| Best buys | 1.5 – 32 million BYR | 6 / 12 / 24 / 48 months | |
| 39 / 40 / 42 | 300 – 25 thousand EUR** | 1 / 2 | |
For salary clients, more favorable interest rates are provided for some products. For example, lending under housing programs for this category of clients is carried out at 38%.
Priorbank housing loan
The Bank issues real estate loans in the following main areas:
- Construction / equity participation in the construction of residential real estate - houses, apartments.
- Purchasing finished housing on the secondary market.
The standard terms of provision are common, namely:
- Possible loan terms – 5, 10 or 15 years;
- mandatory down payment - 20% of the cost of purchased or under construction housing;
- the applicable rate is 40%.
Loans for housing construction are issued by the lender under two main programs:
- “Friendly family” - provides for mandatory security of the loan in the form of collateral for the object under construction and. In this case, the maximum possible loan size is calculated taking into account the income of the involved guarantors. It is mandatory to take out an insurance policy for the amount of the loan debt.
- “Construction secured” – the loan is secured by housing under construction. The conditions provide for mandatory insurance of both the loan amount and the life of the borrower.
Consumers can purchase finished housing using the following loans:
- "Friendly family".
- “Purchase with guarantee” – the maximum possible loan amount is the equivalent of 21 thousand EUR**. The loan is secured by a guarantee from the borrower's spouse or other individuals. Pledging real estate and issuing any insurance policies is not necessary.
- “Purchase with collateral” provides for a mandatory pledge of the purchased property. Security in the form of a guarantee is not applicable under the program. It is necessary to obtain insurance for the amount of debt on the loan and the life of the borrower.
To apply for a housing loan, along with the application form, you must provide the lender with:
- passport or residence permit of the applicant, second spouse and guarantors;
- a certificate issued by the employer in the bank form about income for six months - for the applicant, spouse, guarantors;
- a certified copy of the book/certificate of work experience of the applicant, second spouse and guarantors.
- Cash loan is a non-targeted loan with a maximum amount for the general category of consumers up to 5 thousand EUR**. For salary clients – 7 thousand EUR**.
- A non-cash commodity loan is a targeted loan for the purchase of specific goods/services. Lending is carried out under two programs: “Simply Shopping” and “Best Shopping”. The second type requires a mandatory prepayment of the borrower’s own money - 10% of the cost of the goods. For a loan amount of more than 5 thousand EUR**, and for salary earners – from 7 thousand EUR**, the amount of personal participation of the consumer starts from 20%.
A consumer loan from an institution is available to the following persons:
- within the age limit of 22-58 years. In this case, the age at the end of the loan period should not exceed 63 years;
- permanent work experience with one employer must be at least six months.
The applicant’s minimum monthly income must be at least 2.5 million BYR, and for the “Best Buys” product - from 2 million BYR.
Consumer loans are issued without collateral or guarantee. The terms of the loan provide for automatic loan insurance when it is issued.
Priorbank calculator
The calculator will allow the consumer to independently make preliminary calculations for a specific product. To make calculations, the user needs:
1. Select the desired type of loan.
2. Mark the parameters:
- calculation mode - based on the size of the loan or income;
- terms of payment – currency and term;
- additional data – availability of a salary card and insurance.
3. Provide information about current obligations and enter the requested amount or average monthly income, depending on the selected mode.
As a result, the program will issue a calculation indicating:
- the applicant's required income;
- the amount of the insurance premium;
- monthly loan payment amount.
How to get a loan from Priorbank
Priorbank offers consumers the following ways to apply for loan products:
- At the customer service center.
- Through . Available to resource users who are current bank clients for credit products: cash loans, car loans, “Just shopping”.
- On the institution's website.
- By phone. A potential borrower must fill out a consultation application on the lender's website. The lender’s specialist will contact the applicant at the number indicated in it, conduct a survey and fill out an application for a loan.
The execution of a loan agreement for the “Best Buys” product occurs directly at the point of purchase of the product/service.
Application for a loan to Priorbank
The lender has provided a potential borrower with the opportunity to submit an application form through its website. Completing an application in this way is possible only for credit products: cash loan, “Just a car” and “Just shopping”.
The application process boils down to step-by-step filling out its forms with data on:
- credit;
- personal and passport information of the applicant;
- residential address and contact numbers;
- labor activity;
- income and liabilities;
- availability of real estate, car, bank cards and accounts.
Reading time: 6 minutes. Views 55 Published 05.11.2018
For Russians, the most famous and popular bank is Sberbank. In Belarus, its place rightfully belongs to Priorbank. This is the leading financial and credit organization of the republic, providing services to both legal entities and individuals. Let's look at what Priorbank loans for consumer needs are available to private clients today.
Priorbank: history of creation
Priorbank was created back in 1989. Naturally, then this financial organization had a different name, but the composition of its leaders was formed precisely at that moment. Less than 10 years have passed since bank branches appeared not only within the republic, but also in the Russian Federation, Poland and Germany. The logical result of this expansion was the signing of a cooperation agreement with the EBRD. This allowed Priorbank to implement quite a lot of financial projects in the fields of construction and information technology.
In 2003, Priorbank became part of the European banking group Raiffeisen International. This finally strengthened its position in the country's financial market. Today Priorabank is a leader in providing financial services. And one of its most popular products is consumer lending.
Targeted lending programs from Priorbank
A citizen of Belarus can take out a loan from Priorbank for consumer needs both in cash and in non-cash form. The bank has three lending programs, two of which are targeted:
- “Just shopping” - a non-cash loan, issued at a bank branch for consumer purposes;
- “Best buys” - a loan in cash or on a card, issued at retail outlets for the purpose of purchasing goods and services;
- Consumer loan in cash - issued at the bank, is not targeted.
In addition to the above, Priorbank has housing and car lending programs. When registering them, it is mandatory to transfer the purchased real estate or transport as collateral to the lender. For a consumer loan, you will not need any collateral, guarantee, or other security.
How to apply for a consumer loan
As is clear from the product descriptions presented above, an application for a Priorbank loan can be submitted, depending on the chosen credit program, through its branch or through a representative at a retail outlet. In addition, for “Consumer” and “Just Shopping” loans, you can submit an application online using the form on the bank’s website.
Existing tariffs
To compare Priorbank’s loan programs, we have compiled a small table with the main loan conditions. Check it out:
Important! The bank determines interest rates depending on the refinancing rate of the Central Bank of the Republic. If it changes, accordingly, the conditions of the programs may be changed.
Requirements for borrowers
Citizens of the Republic of Belarus or persons who have a residence permit in the territory of the republic can take advantage of Priorbank’s credit programs. The minimum age limit for lending is 22 years. The bank has set the following restrictions on the maximum age of a client:
- at the time of application – 58 years old;
- at the end of payments - 63 years.
The potential borrower must have worked for at least six months with the current employer. However, for the “Best Buys” program this figure is officially reduced to 4 months. But the longer a citizen works in one organization, the higher his chances of getting his application approved.
Important! The bank does not have requirements for general experience. But it publishes publicly available data on the minimum monthly income that the borrower must have. For lending at a retail outlet, it is enough to receive a salary of 240 BYN. If the loan is issued through a bank, the salary threshold increases to 260 BYN. rub.
Procedure for obtaining a loan
Depending on the chosen loan program, an application for receiving money can be submitted in different ways. If we are talking about “Easy Shopping”, the client can only submit documents to the representative at the point of sale where the goods will be purchased. He will need a Belarusian passport or residence permit and a certificate of income for the previous 3 months (if the loan amount exceeds 3,000 Belarusian rubles). A decision on the questionnaire will be made within an hour.
With the “Just Shopping” loan, everything is somewhat more complicated. To register it, you must contact the bank branch, providing the following documents:
- passport or residence permit;
- document confirming the purchase of goods/services;
- papers on the amount of the client’s additional payment for the purchase (if any);
- certificate for obtaining a Priorbank loan about salary for the last 3 months (necessary in any case).
Important! If the loan volume is more than 5,000 euros, the borrower’s additional payment for its purchase must be at least 20% of the cost.
Here the application will be considered in 1–2 days. The bank will notify the borrower of the decision by telephone. During the call, a meeting will also be scheduled to complete the product design and receive the money from the client.
A regular consumer loan at Priorbank can be issued through the client’s web account, through a form on the website in the description of the loan program, or by calling the customer service (a request for a call from a specialist can also be submitted through the bank’s website). The questionnaire, as in the previous case, is considered for 1–2 days. And the entire further procedure is no different from the “Simply Shopping” program.
Applying for a loan through Priorbank’s online banking Payment Methods
Priorbank loans to individuals are calculated using an annuity scheme. The payment amount will be the same every month. However, if desired, the borrower can make larger amounts as part of early repayment. The bank does not impose any penalties for this. Priorbank clients can make monthly payments:
- through the web account;
- using a mobile application;
- in cash – through bank terminals;
- in RKO Priorbank;
- at the Belposhta box office;
- via AIS ERIP Calculation.
As you can see, the bank has quite a lot of tools for making payments. Most of them are designed for cashless transactions, which is especially convenient in the modern world.
Loan for refinancing
In addition to the consumer lending programs listed above, Priorbank provides services for refinancing previously taken loans. Moreover, you can refinance both loans issued by third-party financial organizations and loans issued by Priorbank itself. Moreover, in the first case, the lender provides much more opportunities for submitting an application and sets more lenient loan conditions.
The application is reviewed within 1–2 days. The requirements for the borrower remain the same as for consumer lending. We recommend that you check the requirements for reissued loans directly with bank employees.
Important! When re-issuing loans taken from Priorbank, the client can receive an additional at least 500 BYN. rub. for personal needs.
conclusions
Over the years, the Belarusian financial organization Priorbank has developed a reputation as a solid financial partner who knows how to find optimal and profitable solutions. One example of such a reputation was the bank’s set of loan programs designed for individuals. Citizens of the republic, depending on the situation, can quickly receive the necessary amount for making purchases, apply for a targeted loan for the necessary purchase, or receive an amount in cash for non-targeted expenses. In the future, the client can refinance any of these loans or combine them with other loans.
Priorbank is one of the largest Belarusian commercial banks. It is part of the famous Austrian group Raiffeisen. As befits commercial banks, they provide loans to individuals for consumer needs. You can receive money from Priorbank without certificates, guarantors and without collateral. The lending program assumes a 25 percent annual rate.
Priorbank loan terms 2018
Priorbank issues loans for consumer needs. The goal can be anything: a wedding, buying household appliances, treatment, educating a child, etc.
Money is provided to individuals for consumer needs under the following conditions:
- term – 1-4 years;
- amount – 500-5000 euros equivalent;
- rate – 25%.
When registering, a minimum package of documents is required, so individuals are exempt from the requirement to present certificates and information about guarantors. This is especially true for salary clients. The program offers more favorable conditions for this category of borrowers (maximum amount – 7 thousand euros equivalent). Only those individuals whose income is at least 265 Belarusian rubles can apply for a loan.
Conditions for individuals
Only those persons who meet the loan conditions for consumer needs at Priorbank can receive financial assistance. The minimum age of an individual must be 22 years, the maximum – 63 years. There is also a condition regarding the minimum work experience in the last organization - at least six months. At the bank you only need to provide passport data, employment information, and income information. There is no need to bring a large number of certificates to Priorbank. There is also no need to look for a guarantor.
Priorbank cash loans
Cash lending is just one of the programs available to individuals. There are also offers for card loans, non-cash loans and refinancing. You can get 7 thousand euros in cash for consumer needs. The interest rate for cash loans is fixed – 25%.
Loan from Priorbank for consumer needs without certificates and guarantors
Without certificates and guarantors, the available amount for individuals is 400 thousand Russian rubles. For salary clients, the maximum available level may be increased. The bank makes a decision within one day. Finance is provided for any needs. According to the terms of the agreement, early repayment without commission is available. Repayment is carried out in equal installments.
Priorbank loans for consumer needs - loan calculator
The loan calculator is an available service for individuals, available on the priorbank by website. You need to enter the desired credit parameters into the calculator, and at the output you will receive the monthly payment amount.
Interest Calculator
You have the opportunity to calculate interest on a consumer loan on the bank’s official website. Let's look at the calculation using a calculator using a specific example. If you take the equivalent of 4,000 euros for a year, the calculator will show that the monthly payment is 416 euros in equivalent. Accordingly, the overpayment of interest for 12 months will be 1 thousand euros.