How to get a loan at Post Bank of Russia: reviews

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

Can I get a loan from Post Bank? This is a common question. Let's figure it out in this article.

The Bank acts as a universal retail enterprise established last year by VTB and Russian Post. The key goal of the establishment of Post Bank is the desire to increase the availability of financial services provided to residents of Russia. This financial organization is currently developing a large-scale network based on Russian Post. By the beginning of 2018, it is planned to open about eighteen thousand branches at postal points, which will make it possible to increase the penetration of basic banking services throughout the country. How to get a loan at Post Bank, as well as consumer opinions about the products of this financial institution, will be discussed below.

Bank information

The Post Bank product line offers the following services:

• Savings accounts and deposits.
• Transfers and payments.
• Widea range of lending products.
• Salary and pension services for the population.
• Provision of mobile and internet banking.

Following the results of the first six months of this year, the bank managed to open about ten thousand service points in more than seventy regions of Russia. To date, Post Bank holds the second place in terms of the size of the retail network in the domestic financial market. It is interesting to note that over eighty percent of the geography of the presence of this structure falls on small towns with a population of up to thirty thousand people. The total number of Post Bank customers reaches four and a half million people. And by 2023, this financial institution plans to further increase its customer base. It is also important to note that a third of this bank's customers are pensioners.

How to get a loan at Post Bank is interesting to many.

What does it look like?

At the postal outlets, the bank is presented in the form of sales windows, where employees of this financial organization work. It operates without cash registers, any transactions are made by customers through the use of ATMs with a closed cash flow mode. To date, Post Bank is the only organization in Russia whose terminal network consists entirely of such devices. You can withdraw money or replenish the balance of your card at those points of the Russian Post where pos-terminals of this bank function.

Credits

So, how to get a loan inPost Bank?

The organization offers various loans. Products range from lending for personal purposes and education to providing funds for the development of the Far East Hectare and support for corporate clients. In addition, there are refinancing services, loans for pensioners and so on.

Most often people want to take a cash loan at Post Bank.

The interest rate on consumer loans is thirteen percent. The amount that can be obtained as part of a loan for personal purposes reaches up to one million rubles. Terms are provided from one to five years. In order to apply, you must present your passport, as well as the SNILS number. Application can be submitted in several ways:

• Fill out the form on the official website.
• Fill out an application at the customer center.
• Finish an application at the sales counter or at the outlet of the bank's partners.

Client Requirements

Not all applicants for cash loans will be made by the bank as its clients. For a positive decision, the applicant must fulfill the following requirements: be at the age of 18, a citizen of the Russian Federation with a permanent residence permit in any region of the country, work in one place for at least three months. You also need to think about additional documents (SNILS, driver's license, passport with marks). Basically, loans are issued to people who carry out labor activities. But if the applicant does not work, he can alsoapply for a loan, but the terms of cooperation with him will be more severe.

Preliminary decision

Clients are informed of a preliminary decision within a minute if the application is filled out on the website. When it is submitted at a bank branch, it takes up to one business day. Having received a loan, customers can withdraw cash through an ATM or pay with a plastic card. Let's find out what consumers think about taking a loan from Russian Post Bank.

Consumer Reviews

Consumers who have taken a loan from this bank report both the pros and cons of the functioning of this financial institution. For example, it is reported that the staff at Post Bank is quite friendly and always tries to help in some way. People also like the speed of paperwork.

But among the majority of reviews there is such a minus that there are no cash desks in the branches of this institution, and all funds are deposited using ATMs. People find this extremely inconvenient, as they constantly need to arrive with the exact amount of the planned payment, and the terminal does not always recognize banknotes.

Consumers like that Post Bank provides its customers with a grace period of one hundred and twenty days. People also appreciate that they have the opportunity to get any service information just before applying for a loan. Another advantage is the execution of an online application without scans of documents and certificates. In addition, based on most of the reviews, it can be said thatthat consumers consider this bank reliable, as it operates on the basis of VTB.

Among the disadvantages is often called the lack of cash back. Also, consumers believe that Post Bank is still distinguished by a very weak network of ATMs and branches, providing its customers with not the smallest interest rate along with annual service. A number of individual comments also noted the incompetence of employees and inconvenience in using Internet banking.

According to reviews, many want to take a loan from Post Bank, but not everyone succeeds. Loan applications are often rejected.

Bank benefits based on reviews

Based on the feedback, the following advantages of the work of a financial institution can be distinguished:

• Carrying out licensed activities and deposit insurance.
• Accessibility of bank branches, which are located in almost every postal point.
• A large number of terminals.
• Possibility to use VTB ATMs.
• Charging interest on the balance of funds.
• Issue a free debit card.
• Replenishment of the account from the card of any other banking institution without debiting the commission.
• Providing higher interest for pensioners.

Disadvantages of Post Bank

Most often, people in their comments report the following shortcomings of this financial institution:

• No cash back.
• Yearly declinepercent.
• High commission for cash withdrawals over four hundred rubles a month.
• In order for a pensioner to receive an increased percentage, it is necessary to transfer funds to the account of this organization.

We figured out how to get a loan from Post Bank.