Cash loan at VTB 24: conditions, programs, interest and reviews

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

In the article, we will consider how a cash loan in VTB 24 can be issued. Life without bank loans is sometimes impossible: a young family wants to arrange their life, but there are no savings yet. And where to get the money to pay for expensive treatment if the disease suddenly appeared? A consumer loan "VTB 24" can help. About how convenient conditions and attractive interest are offered today to customers by this financial institution, we will discuss further.

Basic terms and conditions of this bank product

Since January 2018, VTB 24 has been merged with VTB Bank with the liquidation of the legal entity and brand.

This institution is one of the largest in Russia today. In terms of its development, it competes with Sberbank, is considered the second in the country in terms of assets, and in addition, in terms of equity capital. In the line of consumer cash loans, he now has several varieties of services.

Citizens who have a permanent registration in the region in which the branch of this bank is located, that is, in fact, absolutely throughout Russia, will be able to receive loans from this bank. Currently, this organization does not impose strict requirements on the age, as well as on the length of service of borrowers. But nevertheless, this is taken into account as part of the consideration of the application and setting the rate. So, for example, individuals who work without an employment contract or contract can apply in cash only for a limited amount of up to half a million rubles. When applying above this figure, you must officially obtain confirmation of employment.

An income statement is provided indicating wages for the last six months. In the event that the length of service at the current place is less than six months, then a certificate is provided for the actual period of employment. And entrepreneurs do not receive a consumer loan from VTB at all.

Let's consider further under what conditions, and in addition, at what rates today you can take cash loans in the bank in question.

A cash loan is credited to VTB 24 to an account or credit card. There are two ways to get borrowed funds in Russia: cash withdrawal and crediting directly to the card. When crediting money to the card, the client of the bank receives additional benefits: he can use the allocated credit limit for up to 50 days without paying interest, and only after this period is exceeded, he is charged interest on the balance of the debt; receives bonuses in stores when paying by card, which are thenare converted into money and credited to the client's account.

Programs: loans for individuals

A cash loan at VTB 24 involves the receipt of funds at minimum rates. These are the basic conditions under which literally “customers from the street” can receive funds in the bank. The conditions are as follows: the term is up to five years, and the amount ranges from one hundred thousand to three million rubles.

As for interest rates, they are:

• From one hundred thousand to half a million rubles with insurance - we are talking about 11.7%, and without it - from 13% to 19.9%.
• From half a million to three with insurance - 10.9%, without it, as in the previous case.

The rate is reduced to 7.9% for those who actively use the credit "Multicard" with an option called "Borrower".

Payroll program and interest rates

This cash loan at VTB 24 for individuals is issued to those who receive a salary on their account. Plastic holders of this financial organization do not receive special interest on interest today, but they can take out a loan for a large amount. The conditions will be as follows: the term - up to seven years, and the amount - from one hundred thousand to five million. Interest rate:

• With an amount of one hundred thousand to half a million with insurance, we are talking about 11.7%, and without it - from 13% to 19.9%.
• From half a million to five with insurance - 10.9%, without it, as in the previous case.

Like loans forindividuals in this case, the rate is reduced to 7.9% for those who actively use the credit "Multicard" with the option called "Borrower".

How can I lower the interest rate on a loan to 7.9%?

Today, the clients of the bank in question have the opportunity to reduce interest on consumer cash loans. To do this, you will need to issue a Multicard and spend a certain amount from it per month. Easy to do:

• Getting a credit "Multicard" with an interest-free period of 101 days.
• Connecting the option called "Borrower" on the Internet or by phone.
• Pay with plastic and save on loan payments.

It works according to the following principle: for example, a person spends 75,000 rubles on purchases using Multicard per month. As a result, the loan rate is reduced by three percentage points, that is, directly to 7.9% per annum. Accordingly, the size of the monthly payment is also reduced.

Amount of purchases per month on the card using credit money	Available discount to the loan rate
From five to fifteen thousand rubles	0, 5 %
From fifteen to seventy-five thousand	1 %
From seventy-five thousand rubles	3 %

At the same time, the payment schedule for the loan does not change. Clientpays by card, and the financial institution recalculates the rate every month. And then returns the difference to plastic until the end of the next month. The discount can reach three percent, but not more than five thousand rubles a month.

Cash loan for pensioners: interest rates and conditions

Even pensioners can get a cash loan at VTB 24 for individuals in the beginning of 2019. The main thing is that their age at the time of loan repayment is no more than seventy years. But it is worth saying that, unlike the same Sberbank, unfortunately, they did not provide concessions in rates for pensioners in this organization. Elderly people this year receive money on a general basis.

Let's figure out how to get a cash loan at VTB 24.

Step-by-step instructions and applying for a loan at this bank

Cash loans for individuals in VTB are issued in just one visit. To do this, you must first submit an application in a way convenient for the client:

• Online notification of the intention to take a loan on the bank's website.
• Call the managers at the Call Center and apply by phone.
• Applying for a cash loan to any branch of VTB with the provision of all necessary documentation and obtaining prior consent.

Applying for a cash loan at VTB 24 is quite simple. The decision to grant a loan to individuals is taken asusually within one to three business days:

• In the event that the application was submitted remotely (on the official website or by phone), then in order to transfer money, you must contact the bank office with all the documents after receiving the appropriate notification (SMS or call) about a positive decision.
• When an application is submitted at the bank office, the funds are transferred automatically to the client's account on the third business day, subject to a positive final decision.

As for payroll clients, the decision to issue a loan to them can be carried out immediately during a visit to the bank office.

Who can apply for a loan for individuals?

Who can apply for a cash loan at VTB 24?

The Bank has fairly simple requirements for all potential borrowers:

• Citizenship of the Russian Federation.
• The fact of permanent registration in any region where the relevant financial institution is located.
• Providing proof of a permanent source of income
• Average monthly yield of at least fifteen thousand rubles.

Passport loan processing

In order to get a consumer loan in cash at this bank, you must provide the following documentation:

• Presentation of passport.
• Providing a certificate that will confirm the official income for six months.
• Copy of SNILS.
• Presentationwork book with the requested amount from half a million rubles.

It is worth noting that payroll clients will also need a SNILS passport to receive a cash loan at VTB 24. Those clients who work without an employment contract or a contract will also be able to apply for a loan. True, as noted earlier, the amount in this case will be limited and will amount to a maximum of five hundred thousand rubles. Applications above this figure will require official confirmation of employment.

Additional features

The terms of a cash loan at VTB 24 are simple and understandable to everyone.

In the event that the borrower encounters difficulties when repaying a loan in this financial institution, he will be able to lower the amount or reschedule the date for making the next payment. For these purposes, you just need to connect additional services as part of the registration.

Preferential payment

It is worth activating this service when applying for a loan. This will certainly make it possible to reduce the size of the first payments, which will consist exclusively of interest on a loan without principal. The service is provided free of charge as part of the loan application.

Credit holidays

Bank employees recommend using a service called "Credit Holidays". It allows you to skip one planned payment every six months (not earlier than six months from the date of the loan and not later than three months before the end of the loan) for the duration of the contract. The missed payment is shifted to the next period with a simultaneous increase in the termloan.

The service is connected free of charge at checkout. But to activate it (to skip the payment), you need to contact the call center or the VTB office at any time, except for the date of the monthly payment.

Cash loans at VTB 24 without references

The conditions for lending without a certificate, which are currently in effect in this financial institution, are designed only for participants in the military mortgage and salary project, who can receive cash loans only with a passport. The remaining categories of clients are required to confirm their actual income.

Features of cash loans

Very convenient cash loan for individuals in "VTB 24". Funds are transferred to customer accounts that are linked to plastic cards. With the help of plastic, all calculations are made, from receiving finance to replenishment on payment days. You can spend a credit resource for any purpose; confirmation of the intended use of money is not required. Now let's figure out how the loan debt is repaid.

How can I pay off my debt?

Contributions as part of the payment of principal and interest on loans are transferred every month, which is carried out in equal installments, directly on the day of payment, and preferably two or three days before it. The translation methods are as follows:

• You can pay money to the cashier.
• Through the use of cash-in ATMs.
• With the help of translation fromsalary card.
• Via online banking without charge.

In the event that you make a transfer from the plastic of another bank or pay through the terminal of a system that is not related to VTB, then a commission is charged. If necessary, you can skip the next payment, using the previously mentioned service called "credit holidays". Next, let's get acquainted with the comments of the clients of the bank in question, who share their opinion about it.

Reviews about the cash loan in "VTB 24"

Today, many people prefer to apply for a loan not at Sberbank, but at VTB. Clients love the loan programs offered by this financial institution. Payroll customers are especially satisfied, as their service is issued without unnecessary documents and on more favorable terms.

As for interest rates, people write about them that they are far from the most profitable compared to other competing companies. But many note the reliability of this bank and therefore give preference to VTB 24. Cash loans are popular here.