How to get a car loan at Sberbank: documents, conditions, interest rate

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

How to get a car loan at Sberbank? After all, this is one of the most advantageous offers to date: a minimum of documents, an interest rate of 13 to 17% per annum, a loan amount of up to 5 million rubles. The initial payment on a Sberbank car loan is minimal - from 15%. Impressive information about 90% of approved applications.

How to get a car loan at Sberbank?

Let's present the step-by-step instructions in the form of a diagram (see the photo below):

On the official website of Sberbank, a car loan calculator will allow you to calculate the amount of the monthly payment. It is very convenient - you can immediately evaluate your capabilities. Now about each item in more detail.

How to fill out the form so that you are not refused?

First, let's see what requirements are imposed on the borrower - you should not even waste time if you do not meet them. And then we will analyze the nuances of how to get a car loan at Sberbank.

Requirements for the borrower

Loan is issued only on collateralpurchased car, so the requirements are quite loyal:

• you must be 21 years old;
• you must not be 75 years old on the date of repayment of the loan;
• you must work at least six months at your last job, and for the last 5 years your work experience must be at least a year (for salary clients of Sberbank - 6 months, 3 of them at your last job).

What is the interest rate on a car loan at Sberbank? It all depends on the type of borrower. On a general basis, you can count on 16-17% per annum. For payroll clients - from 14% per annum. And if refinancing is carried out after 12 months, then the rate can be completely reduced to 10% per annum.

And from the documents for a car loan at Sberbank, you only need a passport and a second document. If you are a payroll client, you will not need to verify your income.

The nuances of filling out an application for a car loan at Sberbank

The application for a car loan at Sberbank is a 5-page PDF document. You can download it from the link located on the official website of the bank. Next, it will need to be printed and filled out by hand, be sure to use a blue ballpoint pen and block letters. You can also find a sample of the completed application form on the website.

Pre-use the Sberbank car loan calculator and calculate the monthly payment. It should not exceed 50% of your income. By the way, the calculator will tell you what the interest rate on a car loan at Sberbank is for certain parameters.

Indicate real contacts

How to get a car loan from Sberbank and avoid rejection? First of all, provide only reliable information about yourself. All information will be carefully checked by the security service, and specially hired people will call the numbers you specified. If it turns out that you lied somewhere or no one answers the phone, you will most likely be refused.

Pay special attention to the "Contact Information" section - all phones must be real. Remember that today it is possible to establish at what address it is installed and to whom this or that phone is registered in 5 minutes. Moreover, with the capabilities of the security service of Sberbank.

If the number you specified is not served or installed at the wrong address that you indicated in the questionnaire, they will find out about it very quickly and you will be guaranteed a refusal.

It is also desirable that at work they know about your desire to apply for a car loan at Sberbank, be ready to answer the call and be sure to confirm the information you specified in the application form.

There were times when a sudden call from a bank employee frightened the person who answered the phone. And he promptly dumped her. Or he answered that, they say, “you didn’t get there.” If this person had been warned in advance, he would probably have reacted more adequately.

The bank will take this as an attempt at deception on your part. But in fact, the employee who answered the phone was simply confused and did not know what to say - for many, calls from the bank are associated with trouble due to outstanding debt. It would be a shameget rejected for such a small thing.

Really evaluate your capabilities

Here is another secret how to get a car loan from Sberbank. Don't let the bank make up its own mind about you. Form the opinion of the bank yourself.

Please note that the more dependents you have (children, parents and other relatives who live at your expense and depend on your income) and regular payments (for utilities, renting an apartment), the lower your credit limit. Here it is better to write everything in detail - what expenses and how much you spend monthly.

Let's say you have 2 kids and a husband who also works. You also have a father and mother who work and receive a pension - they do not depend on you financially, but you help them from time to time.

Prove your financial solvency to the bank

It is important for the bank to understand that you adequately assess the risks, and reducing your cash flow due to loan payments will not harm your budget. Therefore, your task is to show the bank how you can repay the loan.

Please attach 2 financial statements to the application form. In the first one, write down your expenses (enlarged, you don’t need to include every package of milk there - limit yourself to the category “food”) and income - show what your financial situation was before receiving a loan.

It will be great if you can document not only the main income - salary, but also all additional income. Alsoit is not out of place to present the financial report of the parents - to show the bank that they do not depend on you financially and are able to provide for themselves, as well as the spouse - his income will help to survive a possible crisis.

The bank must see that your financial situation is stable and you don’t need money for current expenses, on the contrary, there are “surpluses” that you invest wisely.

Then having children will only benefit you - for the bank this is an additional guarantee that you will not hide.

Include loan repayments in the second report - show the bank how you can cope with increased expenses. Just be realistic - no one will believe that you will live on 20,000 if before that your expenses were 80,000 rubles.

This approach will significantly increase your chances of getting a loan. Indeed, in this case, the bank will take into account specifically your situation, and not the average data.

In addition, you will immediately show that you are responsible for fulfilling your obligations and adequately assess the risks. So you can be trusted with money.

What awaits you and how to behave in a Sberbank branch?

As mentioned above, it is better to prepare for going to the bank in advance - collect documents, prepare contacts and warn all interested parties. Then the registration procedure will be quick, and the probability of approval will be many times higher.

It is also advisable to print and fill out the questionnaire in advance - this will save a lot of time. In addition, at home, in a calm environment, you can once again carefully weigh the pros and cons. BUTalso double-check all the information and prepare in advance answers to tricky questions (and documents for confirmation). All this is necessary to appear before the bank in the most favorable light.

The process of registration itself will not take much time - a loan officer will check the documents, take the necessary photocopies and pass the information on.

You can also issue documents directly at the car dealership, if there is a representative of the bank. It's even easier - you don't have to wait in line at the branch. And the decision in this case, the bank, as a rule, takes faster.

And one more secret - when communicating with bank employees, behave confidently and independently. It's like you don't need money at all. Feel free to ask the terms, carefully read each document and do not settle for the first offer - show that you have plenty to choose from.

Let the bank be interested in you taking money from him. And this is possible only if you have prepared in advance and are ready to prove your ability to handle them and your ability to pay.

What documents must be provided?

There are only three of them:

• passport,
• second document (optional - SNILS, TIN, driver's license, military ID, passport),
• application-questionnaire.

As you can see, you don't even need proof of income. But this is only for payroll clients of Sberbank and with the amount of the down payment - from 30% of the cost of the car. The rest will still have to confirm theiremployment and income.

How long do you have to wait for a decision on a car loan and what does it depend on?

You will have to wait for a decision on a car loan - from 2 hours to 4 days. And this is not the limit - the period can be further extended - by decision of the bank. After all, the security service should check not only the information you specified in the questionnaire, but also the car dealership.

But you can not worry that the car will suddenly be stolen. Or she will suddenly have a double somewhere in another region.

Often unscrupulous sellers underestimate the real mileage or hide that the car has been in an accident. It will become clear much later, when the iron starts to rot, and the car will behave unpredictably on the road.

By taking a car loan from Sberbank, you are insured against these problems: they will give you a loan for a new car and the bank's security service will carefully check the car dealership. Sberbank will not cooperate with dubious partners.

But such verification takes time. Therefore, the decision on the loan will have to wait. Therefore, it is advantageous to buy a car in a salon that has already been tested and has been cooperating with Sberbank for a long time. This will save you time and increase your chances of being approved.

What to consider when choosing a car?

It is important to correctly calculate your capabilities. Buying an expensive car is not only prestige, but also significant costs. This includes refueling, insurance, maintenance, repairs, washing the car itself and dry cleaning the interior, taxes.

Can you pay the loan and maintain such a car? Will it not turn out that the car will be in the garage, anddo you still have to pay for it? Remember that there is always the possibility of losing one or more sources of income at once. What will you do in this case?

Not only do you need to answer these questions for yourself, but you also need to show the bank how you can handle these problems.

What you need to know about insurance?

Surely the bank will require to insure the car against three main risks as part of CASCO: loss, theft and damage. In this case, you will receive only money from the insurance to repair the car. But if it is beyond repair, the lender will receive the insurance money.

An insurance company will be offered to you by a bank from its accredited list. You won't have to go anywhere. The contract is drawn up right on the spot - at a bank branch or a car dealership.

Be prepared for the fact that you will have to insure a car immediately for the entire term of the loan agreement - up to 5 years. The good news is that insurance can be included in the loan amount - you do not have to pay in cash.

What will be required to conclude a loan agreement?

Let's present the necessary documents in the form of a diagram:

In addition, you will also have to draw up a pledge agreement for the purchased car - you will be able to use it, but you will not be able to sell it. And in case of problems with payments, the bank will confiscate the car and sell it.

How is the loan issued?

Loan approved and all documents signed. The last formalities remain. To receive money, you need to open a universal account. Then he willpayment was made to the account of the car dealership and the insurance company, if necessary.

However, experts do not recommend including insurance on credit - by doing this you show the bank your need for cash. The lender may have doubts about your ability to service the car in the future. And quite justified. After all, if you did not take care of insurance, where is the guarantee that you thought about everything else?

If you still decide to do this, show the bank that you are not doing this because of a lack of cash, but to distribute resources more efficiently.

Let's say you have a reserve fund that you could partially use to pay for insurance. However, you save it in case you lose your job, your only source of income. And even in this case, you can make payments. Such a reason looks reasonable and will only add "points" to you in the eyes of the bank.

Don't overlook bottlenecks. On the contrary, tell the bank employees yourself why the situation looks the way it does and what you are going to do. Show me how to deal with it. And try to prove it with examples from the past.

It is convenient to pay for a car loan at Sberbank online, through the Internet banking system. So you don’t have to pay an additional commission and go to a bank branch.

It is worth noting that Sberbank has not previously offered car loans to individuals. So, back in 2017, it was only possible to get a consumer loan. Perhaps there will be other similar products soon. This will make the conditions for obtaining a car loan at Sberbank even more favorable.