Sberbank consumer loan: conditions, interest rate

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

Sberbank has developed a number of consumer lending programs: for personal needs, for military personnel, for owners of household plots and secured by real estate. What is the percentage in Sberbank for a consumer loan, and what is needed for registration? Let's take a look at these questions in this article.

Pros and cons of programs

Is it profitable to apply for a consumer loan at Sberbank? The benefits are as follows:

• Low interest rate. Today, Sberbank is one of the few lenders that provide optimal conditions for customers. Interest on consumer loans is 0.5-1 point less than in many other banks.
• Wide choice of programs. Clients are offered different options for obtaining a loan: with and without collateral, with a guarantor, with and without confirmation of purpose.
• Repayment options available. You can make a payment online, at an ATM or at a bank operator. A wide network of branches and convenient Internet banking allow you to quickly transfer money.
• The ability to receive money without contacting the office. Payroll customers can apply through the website.

Lending Disadvantages:

• Strict requirements for recipients of funds. Even debit clients who have already taken out a loan can be refused.
• Only official incomes are taken into account. For this reason, it will be difficult for those who have all or most of their salaries to bypass the tax service to receive a large amount at Sberbank.

Despite some drawbacks, Sberbank's consumer loan conditions are quite flexible. A client with a good credit history, a stable official income and a salary card from this bank can receive money on favorable terms.

For personal use

Making a loan for personal needs is possible with a guarantor and without collateral. Conditions and rates for both options are different.

Without a guarantor, such lending features:

• Consumer loan rate at Sberbank from 13, 9.
• For payroll clients - from 12.9%.
• Amount - from 30 thousand to 3 million rubles.
• Repayment - up to 5 years.

With a guarantor:

• Rate from 13.9 (for participants of the salary project - from 12.9%).
• Loan up to 5 million rubles.
• Repayment - up to 5 years.

Any individual who has Russian citizenship, stable official income and registration in the region where a Sberbank branch is present can become a guarantor. The age of the guarantor is from 21 to 75 years. If the recipient of the loan is less than 21 years old, then as responsiblepersons, only their parents can act for the payment of funds. It is possible to attract no more than two guarantors.

Credit for military personnel

The program is valid only for the military participating in the NIS, who received a preferential mortgage from Sberbank or are in the process of obtaining it. Conditions:

• Up to 1 million rubles for up to 5 years.
• A guarantor is not required if the amount does not exceed half a million rubles.
• Interest on consumer loans from Sberbank - from 13.5% to 14.5%.

Funds can be spent on any needs, including using them to pay a surcharge for the purchase of real estate.

Loan for household plot owners

Design is available for individuals involved in farming. An extract from the household book is required to confirm your status. Credit terms:

• Up to 1.5 million rubles for up to 5 years.
• The bet is 17%.
• Required guarantor. the client also has the right to attract a co-borrower. This will increase the chances of approving the required amount, since in this case the bank will consider the solvency of not only the main recipient of funds, but also the additional one.

Bail

Owners of their own real estate can take a loan on special terms - a large amount (up to 10 million rubles) for a long period (up to 20 years). Money can be spent on anyneeds, including for the purchase of real estate.

• The amount of the loan cannot be more than 60% of the price of the collateral.
• The interest rate on a Sberbank consumer loan for payroll clients is 12%.
• For other applicants - 12.5%.
• Rejection of insurance increases the bet by 1 pip.

Permissible collateral objects: apartment, house, land, house with a plot, garage. It should be borne in mind that the bank can only accept liquid property as collateral. For example, a loan secured by an apartment located in an emergency building cannot be taken. To obtain this type of loan, additional costs will be required - for real estate appraisal, mortgage and insurance in favor of the lender.

Requirements

Basic requirements relate to age, registration and period of employment. The loan applicant must be at least 21 years of age. From the age of 18, you can take a loan only with a guarantor. The maximum age for obtaining a consumer loan at Sberbank is 75 years. If the applicant applies without a certificate of income and a work book, then the age at the time of making the last payment must be no more than 65 years old.

The term of employment must be at least six months at the current place. The total experience for the last 5 years must be at least 12 months. Other conditions apply for participants in the salary project: the term of work in the last place is from 3 months, the total length of service is from six months.

Permanent registrationnot required. However, the client must be registered at the place of stay. Please note that the maximum possible loan term in this case will be limited by the validity period of the temporary registration.

It should be noted that the real estate loan program cannot be used:

• Persons doing business.
• Employees of enterprises who have the right to sign financial documents (managers, accountants, directors, deputies, etc.).
• Participants or owners of small businesses with more than 5% share.
• Participants of the farm.

These requirements apply to both main borrowers and additional borrowers - co-borrowers and guarantors.

Documents

Main List:

• Passport.
• Questionnaire (filled out on the bank's website or at a branch).
• Employment book.
• Certificate of salary for the last six months (or a bank statement).

married), OPiP permission (if a minor is registered in the apartment). You also need to provide a report on the assessment of the object.

Owners of part-time farms will need to provide an extract from the household book, indicating registration of private household plots.

When they can refuse

Compliance with all requirements does not guarantee a positive decision on the application. The most common reasons for denial of a consumer loan from Sberbank:

• Bad financial reputation. Delays on previously issued loans, as well as large debts on housing and communal services, alimony and other obligatory payments, most often prevent you from receiving the required amount.
• High credit burden. If the client has one or more existing loans or mortgages, then problems may arise with obtaining a new loan. When considering an application, a bank employee looks at the amount of salary and the amount of payments on other loans. If the amount of financial obligations, taking into account the new loan, exceeds 40% of the amount of income, then the loan may be denied.
• Lack of stable job, informal income. The bank is more willing to issue loans to state employees and those who have been working at the same place for more than a year.

Other possible reasons: criminal record, low salary, providing incorrect information in the questionnaire. To increase the chances of approval, it is advisable to provide a full package of documents, as well as involve a guarantor in the execution of the contract.

To summarize. Payroll clients with a good credit history, as well as those who additionally provide guarantees - a guarantee or collateral, can get a low rate and comfortable repayment conditions at Sberbank. Before submitting an application, it is advisable to pre-calculate the payment using the onlinecalculator (credit) of Sberbank for consumer loans.