2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Before buying goods and services, a person analyzes the price offers on the market, trying to find the best option. Consumer loans are no exception. Only the search for alternatives is driven by other reasons, such as debt repayment problems or a desire to reduce service costs. This can be done by re-issuing the debt in another institution. Let us consider in more detail how to arrange refinancing of loans from other banks at VTB 24 Bank.
For whom
For a bank, refinancing is a way to attract new customers. According to statistics, there is one consumer loan for every second Russian. Among them, there will definitely be those who want to improve the conditions of service. Just for such clients, the refinancing service has been developed. In fact, we are talking about taking out a new loan to pay off an existing one.loan. In practice, the registration procedure is the same as in standard cases. Only in addition, the client needs to provide a certificate from the bank where the loan has already been taken, indicating the terms of the loan and the current debt.
Loan Requirements
VBT 24 Bank is engaged in on-lending consumer, mortgage, auto loans and card debt. But old loans must meet certain requirements:
- remainder of validity - more than 3 months;
- monthly debt repayment;
- credit card currency - rubles;
- regular debt repayment for the last 6 months;
- no fresh loan delinquencies.
Requirements for borrowers
Regardless of the service program, the bank puts forward uniform requirements for all borrowers:
- Russian citizenship;
- presence of permanent registration;
- official employment for more than 1 year;
- minimum regular income of 20 thousand rubles. (for residents of the capital - 30 thousand rubles);
- good credit history.
Documents
To apply for refinancing of loans from other banks at VTB 24, you need to provide:
- internal passport;
- 2-personal income tax certificate;
- certificate of SNILS;
- package of documents for the first mortgage loan.
It is enough for salary card holders to provide a passport andSNILS.
Programs
VTB Bank 24 does not directly refinance consumer loans from other banks. In the product line, there are only programs for financing mortgage loans. In all other cases, you can apply for refinancing cash loans from other banks at VTB 24. But the keyword "refinancing" will not appear in the name of the program itself. Interest rates, terms and the size of the loan under such programs are overstated. Customers can choose from one of three products. No guarantee, surety or bond required.
Mortgage on-lending terms
Let's take a closer look at how the financial institution VTB 24 refinances loans from other banks. The terms of service do not differ much from standard mortgages. But there are some peculiarities.
VTB Group, in addition to VTB 24, also includes the following institutions: Leto Bank, Bank of Moscow and Transcreditbank. Therefore, loans received from these banks are not subject to refinancing.
All citizens of the Russian Federation who have a stable source of income and official employment can get a loan. Age restrictions are standard. People aged 21 to 70 can get a new loan.
The mortgage is refinanced provided that the client changes the loan currency into rubles or the rate changes from floating (combined) to fixed. objecttransactions can be an apartment both in new buildings and in the secondary market.
Having a history of debt repayment schedule violations is discouraged. Although one-off delays more than 6 months prior to application are allowed.
You can re-register a mortgage at VTB 24 Bank under the following conditions:
- interest rate - 15, 95%, subject to signing a property, life and he alth insurance contract;
- interest rate - 16.95%, subject to property insurance only.
Design
Applications for refinancing a loan at another bank VTB 24 accepts in electronic form. To do this, you need to specify the data for primary scoring on the bank's website in a special form: full name, information about the employer, income level, contact details and passport information.
You can also apply by calling the hotline. The employee will help you choose a loan product, tell you about all the conditions for cooperation and ask the client for all the information for the application. After processing the data, a preliminary decision is made. Next, you need to provide originals of all documents to any branch of the bank and wait for the final decision. You can reduce the time and immediately visit the bank branch by providing a full package of documents.
Fares
Financial institution VTB 24 refinances loans from other banks according to the following tariff plans:
- "Large" - designed for customers whoneed a large amount for a long time. The loan is provided for 36-60 months at 18.5% per annum. The maximum amount is limited to three million rubles.
- "Fast" - the lower threshold of the rate is limited to 18.5% per annum. The loan amount varies from 100 thousand rubles. up to 3 million rubles The loan term is from six months to 3 years.
- "Convenient" credit is provided for a period of six months to 3 years in the amount of 100-600 thousand rubles. The loan is serviced at 22% per annum.
On such conditions, VTB 24 Bank refinances loans from other banks. User feedback confirms that the terms of the third program are the most attractive for reissuing consumer loans. The client can independently choose the amount of payment.
If applications for reissuing consumer loans are considered on an individual basis, then all other applications are serviced on general terms. The bank will not check the intended use of funds. The client can receive cash from the bank and use it for personal purposes.
Steps
Let's take a closer look at how the financial institution VTB 24 refinances loans from other banks. If we are talking about a mortgage, then the transfer of the debt to VTB 24 is first processed, the re-signing of property pledge agreements. Only after that the bank transfers funds to the first creditor. The maximum loan amount will not exceed the market value of the property, adjusted for current ratios. In this case, the bank has its own limit. Heis 30 million rubles. A mortgage refinancing agreement can be drawn up for a maximum period of 30 years.
You can repay debt:
- cash at the box office;
- by transferring funds to the specified details;
- in terminals with cash acceptance function;
- at Russian Post offices.
Conclusion
The procedure for refinancing loans at VTB 24 Bank is distinguished by a minimum package of documents and an attractive interest rate. At the same time, the institution does not indicate clear requirements for reissuing consumer loans. In order not to waste time, it is better to first apply online, and after obtaining prior consent, collect documents. In this case, the object of the transaction must meet certain requirements. It will not be possible to reissue an overdue loan in VTB 24.
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