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Consumer Loan

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.

The Consumer Loan from Fibank offers:

  • High loan amount - up to BGN 80 000 or their EUR equivalent;
  • Repayment term - up to 10 years;
  • No warrantor;
  • Repayment in equal monthly instalment;
  • Without loan prepayment fee;

Loan Parameters:

Amount  Up to 80 000 BGN or their EUR equivalent
Currency
 BGN, EUR
Repayment Term
Up to 10 years
Collateral
 not required
Interest Conditions
  • The annual interest rate of the loan when the declared income is paid on an account with Fibank AD
Annual interest rate
BGN/EUR
for the total period of the loan term
minimum of 5.20%, based on SBIR* + margin

The annual interest rate is determined by the client solvency and credit history and is determent by SBIR - Savings Based Interest Rate plus points.

*SBIR - Savings Based Interest Rate, please refer to the Interest Bulletin of Fibank AD

APRC (Annual Percentage Rate of Charge)
6.82% calculated for a loan of BGN 15,000 for a term of 84 months at 5.20% annual interest rate.
The monthly installment for the above parameters of the fully utilized loan (100% drawdown) is BGN 213.42. The total repayment amount for the loan is BGN 18 771.11.
APRC includes the fee.
Utilization

The loan is granted as a lump-sum

Application fee via online

BGN 0

Grant fee

Free of charge

Prepayment Fee Free of charge

 


You can apply for a Consumer Loan from Fibank AD in case you are:

  • А legally capable natural person with Bulgarian citizenship;
  • Work under a labour contract, or one of equal nature, for an indefinite term, or under a management and control contract; or practice a liberal profession;

If you meet the above requirements and would like to apply for a Consumer Loan, you have to:

  1. Visit a Fibank branch which is convenient for you to complete a “Loan Application Form” and attach the documents indicated in the form and those additionally requested by the loan inspector;
  2. Pay the Application Fee when submitting your application and the attached documents;
  3. If your application is approved, a Loan Contract is signed and the loan amount is transferred as a lump-sum within the term specified in the Loan Contract.

If you would like to apply for a Consumer Loan from Fibank AD you have to provide the following documents:

  1. A "Loan Application Form";
  2. A copy of the identity card of the loan applicant / warrantor;
  3. A certificate for net income during the last six months of the loan applicant /the warrantor (it is not required in case that the borrower receives salary on an account with the bank);
  4. Documental proof of the property status (advisable);
  5. Copies of loan contracts, overdrafts, leasing contracts, warrants, etc. concluded by the loan applicant / warrantor, as well as the actual status of the debt as of the moment.
  6. Other documents at the Bank’s discretion.

Tariff of Fees and Commissions (TARIFF) of First Investment Bank

Loans