Student Loan for Covering Current Needs
| Our Offer | Application Procedure | Documents | Fees and Commissions |
First Investment Bank gives you another opportunity to receive a loan if you need funds to purchase student’s books, to pay education fees or accommodation expenses:
- Consumer loan for students up to 30 000 BGN or their EUR equivalent;
- Repayment in equal monthly installments with the purpose of easier planning of your household’s expenses;
Loan Parameters:
| Currency | BGN, EUR |
| Utilization | The loan is granted as a lump-sum |
| Repayment Term | Up to 10 years for Fibank’s customers |
| Collateral |
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| Interest Conditions |
The annual interest rate for the whole period of the loan is min. BIR* + surplus 7 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. |
| APRC (Annual Percentage Rate of Charge) | 16.96%, calculated for loan amount 15 000 EUR, repayment tenure 120 months, annual interest rate BIR + surplus 7 p.p. |
| Amount | Up to 30 000 BGN or their EUR equivalent |
| Application fee |
BGN 40 |
| Grant Fee | Lump-sum fee - 2% from the amount of the approved loan |
| Prepayment Fee | Free of charge |
| Commitment Fee | 2% of the unutilized loan amount |
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
