"Professional” Loan
| Our Offer | Application Procedure | Documents | Fees and Commissions |
People with a higher income may need larger loans.
The “Professional" Loan is for them:
- To finance current needs;
- Up to 50,000 BGN or their EUR equivalent;
- Approved under a simplified application procedure;
- Repayment in equal monthly installments.
Loan Parameters:
| Currency |
BGN, EUR |
| Repayment Term |
Up to 10 years |
| Use of the Loan |
The loan is granted as a lump-sum |
| Collateral |
|
| Interest Conditions |
The annual interest rate is minimum BIR* + surplus 4 p.p. The annual interest rate is determined by the client’s solvency and credit history on the basis of BIR* - Base Interest Rate plus surplus. *BIR – Base Interest Rate, please refer to the Interest Bulletin of Fibank AD. For credits up to 20 000 BGN and their EUR equivalent, the interest rate is reduced by one percentage point, in case that as a collateral a warrantor is provided. |
| APRC (Annual Percentage Rate of Charge) | 13.16%, calculated on a loan amount of 25 000 EUR, repayment term 120 months, annual interest rate BIR + surplus 4 p.p. |
| Application fee | BGN 40 |
| Grant Fee |
1% of the amount of the approved loan |
| Prepayment Fee | Free of charge |
| Commitment Fee | 2% |
Contact Centre
bank (2265)accessible via mobile and fixed telephones
0800 11 011
only for subscribers for VIVACOM fixed services (free of charge)
+359 700 19 599
accessible outside Bulgaria
