Which bank to get a loan? What documents are required for a bank loan? Conditions for granting and repaying a loan

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

"Debt by payment is red" - people said. However, this proverb slightly distorted the circumstances under which everything happened. According to another legend, everything was not so sad: “Abraham borrowed money from Moishe, bought a cow for loans, repaid the debt after a while, and the cow remained in favor.”

Which bank can I get a loan from?

Loans today are a necessary service in the life of almost every person. This has been the case since banks began to pursue a more loyal policy towards a wide range of citizens. Today, for a small loan, you can go with two documents and return with cash. Or you can apply for a loan without leaving your home, and then cash out at the nearest ATM.

As of the beginning of 2017, more than 600 banks in Russia had renewed their licenses. Each of them provides the population with a wide range of services. In addition to obtaining a loan, citizens can place free funds on deposits and receive stable dividends. When a citizen asks a question about which bank to take a loan from, he needs tofirst decide on the type of loans.

Types of loans

If we take the entire industry as a whole, then financing is divided into two types: targeted loans and non-targeted. The first group includes substantial amounts needed to purchase real estate, to develop a business, or to acquire other valuable property. These loan requests are somewhat overpriced.

By and large, for Russians, the question of which bank to take a loan from is not acute. The reason is that most people need a second type of loan - non-purpose loans. Another name for this group is consumer loans. Within the framework of individual banking programs, types of targeted loans may be called differently: for travel, for education, for home renovation or for the purchase of less valuable property.

Standard Conditions

It should be borne in mind that any financial institution, issuing a loan to individuals or legal entities, aims to earn on interest rates. That is, even at the stage of thinking about which bank to take a loan from, the applicant should know: the amount of receipt and the amount of return will differ significantly.

Loans are available only to solvent citizens. And it needs to be documented. From these considerations, the bank puts forward a number of conditions:

• Having a permanent source of income. Moreover, the total income per family should be more than the subsistence minimum for each family member plus monthly installments on a future loan. Otherwise, they will refuse.
• Provisioncollateral property. For targeted loans, collateral is mandatory. For non-purpose loans, you can provide a guarantee by a guarantor or a certificate of income.
• Credit history. If the applicant previously received loans and was unable to pay on time, then this information will be entered into a special database. However, successfully closed loans are also included in this register. But this will already be a positive credit history.

This is just a standard list of references. About what documents are needed for a loan in a particular case, you should find out from the sources of a potential lender.

Assignment of credits

People need money for different purposes: to buy, repair or pay for education. Bank offers tend to take into account the purpose of the loan and are ready to provide the following types of financing:

• Mortgage - borrowed funds for the purchase of real estate. The object remains pledged to the bank until the loan is fully repaid. The right to transfer ownership is issued immediately. In high demand.
• For business. The conditions for granting a loan under this line presuppose the existence of a working business, aimed and having real chances for development. Convincing a bank to finance a startup is almost impossible because the risks are too high. Only liquid real estate as collateral and a small amount of the request can serve as a weighty argument.
• Consumer loans can be used for different purposes. The need for collateral depends on the amount of the loan and on personal conditions.bank.
• Car loan - financing the purchase of a car. Attention is paid to the year of manufacture of the car and its technical characteristics. The newer the car, the more chances.
• Goods on credit. It is issued when purchasing goods in partner stores of the bank. The bottom line is that the latter settles with the outlet, and the buyer partially deposits the money within a certain time. The conditions for granting a loan under this line are very simple.

Distribution methods

Cashless payment methods are becoming popular. Thanks to the ability to manage funds autonomously, more and more people get bank cards and electronic wallets. With their help, you can fully solve and credit issues. If the question of which bank to get a loan in a non-cash way is relevant, then you can contact any financial institution.

There are several ways to issue money:

• Cash - at the checkout in the branch of the selected bank.
• Cashless - by transfer to a personal account or card balance.

There are many types of cards. The most popular are "plastics" within the payment systems Visa and Master Card. In addition, each bank issues its own personalized cards. Financial institutions encourage the use of plastic credit cards. For operations with their help, there is a whole range of bonuses and promotional programs.

Can everyone get it?

A citizen who has a permanent solid income and liquid real estate can easily become an honorary client of the bank. Butwhat about another category of persons who also need funds, are quite solvent, but cannot confirm this with documents? Here many questions arise about which bank gives a loan without guarantors, collateral and certificates from the place of work. Until recently, the doors of financial institutions were closed for this category of citizens. Modern banks compete brightly in simplifying conditions, and this is only in favor of the population.

We are talking about students, pensioners and people employed in the shadow economy. Together they make up about 30% of the population. In such cases, the question of which banks give loans to pensioners or students becomes relevant. If you carefully look at the offers from banks, then among them there are those that take into account the characteristics of all social categories. Moreover, such proposals are relevant not only for large cities, but also in other regions of the country. Next, consider their conditions in detail.

Sovcombank

The age category of this bank's customers covers everyone under 85 years old. Given the fact that most pensioners prefer to stop working, additional documents such as a 2-NDFL certificate will not be required. Three documents are enough: a pensioner's passport, a pension certificate and SNILS.

After finding the answer to the question of which banks lend to pensioners, it is important to find out how much they can count on. In Sovcombank, you can request any loans up to 100,000 rubles. Sumreturn will differ by 12-17% per annum. The applicant can pay off the loan within 1 year.

SKB Bank

This financial institution is ready to invest money in the amount of 51,000 to 1.3 million rubles for any plans. Real estate or other liquid property equivalent to the received funds is accepted as collateral. The offer from SKB-Bank is an excellent solution for those who are interested in the question of where it is profitable to take a loan. This is evidenced by annual rates, which for pensioners will vary from 14.5 to 16.7%.

The package of required documents is minimal: just visit a bank branch with a passport, pensioner's certificate and SNILS. The application is considered within 5-7 days. With a positive decision, the money can be issued the very next day.

Interprombank

Retirees under 75 can find great financial deals here. The loan repayment terms allow for any period not exceeding 36 months, but not earlier than 6 months. One of the important requirements is the availability of funding only for Moscow and the Moscow Region. At the same time, other parameters are very attractive.

Pensioners with a Moscow residence permit, for whom the question of which bank to get a cash loan on acceptable terms is relevant, can apply to Interprombank. The loan amount can vary from 45,000 to 1 million rubles. Confirmation of personal data and social status is carried out according to two documents: thisa certificate of the amount of the pension, a general passport and a copy of the certificate of Moscow registration.

How to be unemployed?

The unemployed can be conditionally divided into two types: actual unemployed and officially unemployed. Unlike the first group, the second category has a certain employment, it can be of a partial or episodic nature. In the first case, there is also the possibility of obtaining a small amount of financing from banks. But such clients are concerned about another question: what documents are needed for a bank loan if you do not work anywhere?

First of all, you should register at the territorial office of the employment service. Under the law, unemployed citizens are en titled to a small allowance. In addition, if the bank requires, you can provide a certificate stating that the citizen is officially unemployed. Financing unemployed citizens involves higher interest rates. Further, we will consider such proposals in detail.

Leto Bank

Everyone who needs money up to 100,000 rubles without certificates of employment can receive financial resources here. When there is a potential client, banks are always ready to consider its conditions on an individual basis. Those citizens who have been looking for a long time where it is profitable to get a loan can apply to one of the 200 branches of Leto Bank. In addition to loans with simple terms, you can also get long-term free credit cards here.

True, for the unemployed, the rates are slightly higher than the rest - 29.9%. But the benefits of creditremain with the borrower: plans will be implemented, and the debt can be closed slowly.

Renaissance Credit

One of the best banks in the country "Renaissance Credit" is ready to enter into the situation of the unemployed and pensioners and give them a loan from 30,000 to 200,000 rubles for up to 5 years. The refund amount will differ from the original one by 13-14% per annum.

The credit line has several programs: for the purchase of goods, for urgent needs, for pensioners and for regular customers. No matter what type of funding is applied for, it will be considered no later than the next day.

"Renaissance Credit" also helps those who are wondering which bank gives a loan without guarantors. A wide credit line gives customers a choice. Thanks to a mobile verification system and a borrower-focused policy, the bank is ready to cooperate on alternative terms: income documents or collateral can be provided instead of guarantors.

Nuances

Despite the simplicity of the conditions, any loan is a responsible step for the borrower. When considering proposals, the following points should be considered:

• Type of payment. There is an annuity or differentiated, each of them has its own advantages and disadvantages.
• Bank rates on loans for individuals. Thanks to he althy competition, the consumer can choose a loan from a huge number of offers.
• If taking a loan is one of the long-term plans, thenit should be prepared in advance. For example, almost all banks guarantee lower rates to those who open a deposit.
• Another way to lower rates is to use a bank credit card.
• The next way is to be a corporate client of a financial institution. If the applicant's organization cooperates with a bank, then the employee can count on special conditions.
• It is also useful to be a salary card holder where you plan to take a loan. In this case, there is no need to confirm income, since the information is already clear to the bank.

Given the above, it can be summarized that almost every citizen has the opportunity to receive profitable financing from banks.