First Investment Bank

Loans

Consumer Loan

Our Offer

Application Procedure

Documents

Fees and Commissions

High loan amount - up to BGN 30 000 or their EUR equivalent

Repayment term - up to 10 years

No warrantor is required for loans up to BGN 10 000 or their EUR equivalent

Repayment in equal monthly instalments

Without loan prepayment fee

Unlock Your Opportunities

The Consumer Loan is a quick, easy, and accessible way to acquire the funds you need for:

Housing Equipment Purchase;
Housing or Car Repairs;
Housing Appliance Purchase;
Payment of Education Fees;
Holiday Trips;
Medical Treatment;
Current Household Debts;
Family Events;
Or because you need money for unexpected payments.

Two Reasons to Choose a Consumer Loan from Fibank:

No-collateral security for loans of up to 10 000 BGN or their EUR equivalent;
Repayment in equal monthly instalments for easier planning of your household’s expenses;

Loan Parameters:

Currency	BGN, EUR
Repayment Term	Up to 10 years when the remuneration is paid on an account with the bank or with warrantor Up to 7 years for Fibank customers (without remuneration is paid on an account with the bank or with warrantor) Up to 5 years for other borrowers
Collateral	For credits up to 10 000 BGN or their EUR equivalent – not required; For credits greater than 10 000 BGN or their EUR equivalent - 1 warrantor.
Interest Conditions	The annual interest rate of the loan is a min. BIR* + surplus 5 p.p. when the remuneration is paid on an account with Fibank AD. The annual interest rate for the whole period of the loan is a min. BIR* + surplus 7 p.p. when the remuneration is not paid on an account with Fibank AD. For credits up to 10 000 BGN or their EUR equivalent, the interest rate is reduced by one percentage point, in case that as a collateral a warrantor is provided. The annual interest rate is determined by the client solvency and credit history and is determent by BIR - Base Interest Rate plus points. *BIR – Base Interest Rate, please refer to the Interest Bulletin of Fibank AD
APRC (Annual Percentage Rate of Charge)	14.62%, calculated loan amount 15 000 EUR, repayment tenure 120 months, interest rate BIR + surplus 5 p.p.; 16.96%,calculated loan amount 15 000 EUR, repayment tenure 120 months, interest rate BIR + surplus 7 p.p.
Amount	Up to 30 000 BGN or their EUR equivalent
Utilization	The loan is granted as a lump-sum
Application fee	BGN 40
Grant fee	Lump-sum fee - 2% of the amount of the approved loan
Prepayment Fee	Free of charge
Commitment Fee	2%