Alfa-Bank loans: types, conditions, interest and reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2024-01-17 18:37

"Alfa-Bank", operating on the territory of our country, is the basis of the group of the same name, which also includes banking business in neighboring countries (Ukraine, Belarus and Kazakhstan) and the Netherlands.

Current bank positions

"Alfa-Bank" is a universal credit institution serving at the moment more than three hundred thousand corporate clients and more than fourteen million retail clients. As of last year, the bank opened more than 700 offices, and the number of active employees was more than 21,000 people. Alfa-Bank has a huge network of ATMs, supplemented by ATMs of banks that are partners of a credit institution, including Binbank, Gazprombank, Moscow Credit Bank, UBRD.

"Alfa-Bank" is developing as a universal financial institution according toin the following areas: corporate, small and medium business, retail business (cash and credit card loans, special purpose loans, accounts and deposits).

This institution was ranked 4 in the 2016 credit limit card market with a portfolio of over $1 billion.

Types of loans

Application for a loan at Alfa-Bank can be given for the following types of loans:

• mortgage;
• car loans;
• consumer lending;
• credit cards.

Cards with a credit limit

In addition to loans to individuals, Alfa-Bank offers credit cards on very attractive terms:

• "100 days without %". The 100-day interest-free period starts from the moment the debt arises and resumes after its full repayment. Credit limit up to 300,000 rubles. Ability to withdraw up to 50,000 rubles per month without paying a fee.
• "Installment card instead of money". With this card, you can buy goods in installments in any stores around the world. The installment period for partners is up to two years, in other stores - four months.
• Aeroflot, Alfa-Miles, "Russian Railways Credit Card" cards have been developed for travelers. With the Aeroflot card, it is possible to exchange miles for air tickets, hotels and car rentals.
• Cards designed for shopping loversCash Back, "M. Video-Bonus", "Crossroads".
• "2018 FIFA World Cup Card". The main opportunity offered by the football championship card is to receive winning tickets or valuable prizes.
• "Twins". The peculiarity of the card is the combination of a debit and credit card.

To apply for a credit card you need:

• Contact a bank branch or fill out an application on the website.
• Wait for the bank's decision.
• Receive the card delivered by the courier.

Cash Loan

If a future client is puzzled by the question of how to get cash loans on the most favorable terms, then he should contact Alfa-Bank. A consumer loan in this financial institution can be obtained on very attractive terms:

	Participants in payroll projects	Standard Conditions	Conditions for partners
Maximum loan amount, rubles	3,000,000	1,000,000	1,500,000
Minimum loan rate	11, 99%
Loan Period	from one to five years
Availability of insurance	The interest rate does not depend on the presence or absence of insurance

Judging by the reviews of cash loans in Alfa-Bank, the rate is determined individually for each borrower.

	Participants in payroll projects	Standard Conditions	Terms for partners
700 to maximum amount	11, 99 - 19, 99	11, 99 - 22, 49	11, 99 - 19, 99
from 250 to 700 thousand rubles	12, 99 - 19, 99	14, 99 - 22, 49	13, 99 - 22, 49
from 50 to 250 thousand rubles	13, 99 - 24, 99	16, 99 - 24, 99	15, 99 - 24, 99

Let's list the main requirements for future borrowers wishing to purchase a car on credit:

• Prospective borrower must be over 21.
• The client must have a confirmed income of at least ten thousand rubles a month.
• The period of work at the last place of employment must be at least three months.
• The future borrower must have a mobile, landline phone to contact him.
• The client must be registered on the territory where the bank's office is located.

Conditions for issuing general purpose loans

To apply for a cash loan at Alfa-Bank you need:

• Contact a bank branch or fill out an application on the website.
• Wait for the bank's preliminary decision.
• Come to the office with a full package of documents to receive the final decision of the credit institution.
• Get a loan.

To apply for a consumer loan at Alfa-Bank, you must provide the following documents:

• Passport.
• Second document to choose from (passport, driver's license, policy or other document).
• Third document to choose from (certificate of vehicle registration, copy of work book or other document).
• Certificate in form 2 of personal income tax for the last three months of work, valid for thirty days from the date of issue. Help in the form of a bank. Documents must be properly certified.

A loan without a certificate from Alfa-Bank can be obtained by a client who receives wages on a bank card.

Car loan

If a future car owner is puzzled by the question of how to purchase a vehicle on credit, and where to do it on the most favorable terms of registration, then he should contact Alfa-Bank. You can get a loan in this financial institution on very attractive terms. They are reflected in the table.

	Participants in payroll projects	Standard Conditions	Conditions for partners
Maximum loan amount, rubles	3,000,000	1,000,000	1,500,000
Minimum loan rate	11, 99%
Maximum loan period	Five years
Availability of insurance	The interest rate does not depend on the presence or absence of insurance

According to reviews of loans in Alfa-Bank, the rate is determined individually for each borrower.

	Memberspayroll projects	Standard Conditions	Terms for partners
700 to maximum amount	11, 99 - 19, 99	11, 99 - 22, 49	11, 99 - 19, 99
from 250 to 700 thousand rubles	12, 99 - 19, 99	14, 99 - 22, 49	13, 99 - 22, 49
from 50 to 250 thousand rubles	13, 99 - 24, 99	16, 99 - 24, 99	15, 99 - 24, 99

Let's list the main requirements for future borrowers wishing to purchase a car on credit:

• Customer must be over 21.
• He must have an official regular income of at least ten thousand rubles a month.
• The length of service in the last place of employment must be at least three months.
• The client must have a mobile and landline phone to contact him.
• The future borrower must be registered on the territory where the bank's office is located.

To apply for a consumer loan at Alfa-Bank, you must provide the following documents:

• Passport.
• Second document to choose from (driver's license, SNILS, he alth insurance policy).
• The third document to choose from (a statement on a client account with a balance of at least one hundred and fifty thousand rubles, a copy of a work book or other document).
• Certificate confirming the client's income, duly certified.

Mortgage

Thinking aboutthe possibility of acquiring an apartment or house, citizens are forced to believe in the usefulness of mortgage loans for the purchase of real estate, because interest rates are becoming more acceptable every day, and payments are affordable.

According to reviews of loans in Alfa-Bank, the institution offers convenient lending programs secured by real estate. The client has the opportunity to apply for a loan for the purchase of ready-made or under construction housing. The bank has the following mortgage programs:

• Mortgage for finished housing at a minimum rate of 9.29 percent. The maximum loan amount is fifty million rubles. The down payment must be at least fifteen percent of the loan amount. The maximum loan term is 30 years.
• Mortgage for housing under construction. The conditions are similar to the first program. Reviews of loans from Alfa-Bank confirm that the rate of 9.29 percent is valid for bank clients participating in the salary project, taking into account insurance of all the risks listed above.
• Loan secured by housing at a minimum rate of 13.29%. The maximum loan amount is six hundred thousand rubles. The loan term is not more than thirty years. The ratio of the loan amount to the value of real estate is up to sixty percent for targeted loans and up to fifty percent for loans for consumer purposes.

Additional requirements and conditions when a mortgage borrower tries to get a loan from Alfa-Bank:

• Requirements for the client: the presence of citizenship of our country or another state, age from 21 to 70 yearsat the date of full repayment of the loan and the experience in the last job, at least four months, with a total minimum annual experience.
• When applying for a mortgage loan, it is mandatory to insure the loss of real estate and the life of the borrower. If you refuse insurance, the possibility of losing ownership of the purchased property, or from life insurance and the loss of the citizen's ability to work, the mortgage loan rate increases by two percent.

To apply for a consumer loan at Alfa-Bank, you must provide the following documents:

• Citizen's passport.
• Borrower Questionnaire.
• Certificate confirming the client's income, duly certified.

Mortgage refinancing

According to reviews of mortgage loans in Alfa-Bank, the following conditions apply to refinancing loans:

• Client has no current mortgage arrears.
• Loan issued more than six months ago.
• The client has ownership of the property.
• Loan refinancing at Alfa-Bank has not been done before.

Borrower insurance

When applying for loans at Alfa-Bank, individuals can take advantage of a special offer for comprehensive insurance of their income, he alth and life. By taking out insurance, the borrower, from the moment the loan is issued until its full repayment, protects himself from the fact that he:

• will lose his job for a reasondownsizing of the enterprise or liquidation of the organization;
• get very ill;
• will receive a disability of the first group;
• will die.

If an existing borrower loses his job, he will be paid three monthly salaries. If the client becomes disabled or dies, the insurance company will pay off the loan debt to the bank.

To apply for insurance you need:

• Contact any nearest branch of Alfa-Bank.
• Get all the information you need about insurance.
• When applying for a loan at Alfa-Bank, put a mark on the permission to issue insurance.
• Sign the insurance contract.

Repayment methods

Clients with valid contracts, loans in Alfa-Bank, repay loans in any way convenient for them:

• using an ATM machine;
• using "Alfa-Click";
• through Alfa-Mobile;
• through payment terminals and ATMs of partner banks ("Moscow Credit Bank", "UBRD").

Results

You can apply for a loan at Alfa-Bank on very attractive terms. This explains the unabated growth rate of lending at this institution.