Consumer loans of Rosselkhozbank

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

Most people believe that Rosselkhozbank works only in the agricultural sector. However, this is not at all the case. This financial institution, which is completely under the control of the government of the Russian Federation, has a line of programs designed for ordinary citizens. A striking example of such products are consumer loans from the Russian Agricultural Bank.

This organization is starting to make these loans to people over the age of 18, which is surprising in itself, since very few banks agree to work with borrowers under the age of 21. To obtain a loan, the client must be registered near one of the bank branches, of which there are more than 1,600 in the country, and have at least six months of work experience at the main official place of work. The level of income must also be confirmed to determine the creditworthiness of the borrower. In most cases, personal income is sufficient to complete the program, and it is not necessary to attract co-borrowers.

Required paperwork for registration

Consumer loans of the Russian Agricultural Bank are issued upon submission of the following set of documents:

• valid Russian passport;
• military ID. This document must be submitted before the age of 27;
• certificate of income in the form of 2-personal income tax;
• completed application form.

For more information, it is recommended to visit the official website, which is represented on the Internet by the Russian Agricultural Bank. The consumer loan calculator located on its pages will help the borrower calculate a convenient repayment plan and a loan amount that does not exceed his monthly income level. In addition, here you can find an online application form and, after filling it out, send it by e-mail to the credit department manager.

Types of programs provided

Consumer loans from the Russian Agricultural Bank can be divided into two broad categories:

1. Targeted - loans issued to achieve a specific goal, which is specifically prescribed in the contract. In the case of obtaining such a loan, the client can count on softer conditions that Rosselkhozbank can provide. A consumer loan, the interest rate of which will not exceed 17%, can be issued for the purchase of equipment or a vehicle, for repairs, real estate, education, purchase of medicines andother.
2. Non-targeted - loans in which the bank provides the requested amount and is not interested in its future fate. The interest rate on such a loan cannot be less than 18%.

Consumer loans from Rosselkhozbank can be obtained for up to 5 years. The maximum amount that can be taken is 10 million rubles, but in order to receive more than 300 thousand, the organization will require a guarantee from at least one individual, and more than 1 million rubles. – collateral in the form of real estate.

Application for a loan is usually processed by the bank within one week. A financial institution does not charge any commission for providing a loan, which is a huge plus when choosing a lender.