Amount:

up to 5 times the average monthly income from the RHIF or NHIF calculated on a 6-month basis, received on bank account at Fibank or other bank

Loan currency:

BGN

Term:

12 months

Interest:

The annual interest rate of the loan is formed on the basis of an internal bank credit rating - compound interest BIRa/BIRb/BIRc* + surcharge.

Possibility of an additional interest rate preference for clients who also use other Fibank products.

* Base interest rate (BIR) is applicable to business clients, and it is a variable interest rate index that the Bank uses as a base interest rate when calculating the variable interest rate on the loan applicable to the contract. The BIR is approved by Fibank's Board of Directors and calculated according to a methodology announced by Fibank for each individual type of currency, based on the ratio between the planned costs of the Bank's liabilities and the market interest rates for the same currency, applicable to loans in national and foreign currencies. BIRa, BIRb and BIRc represent the base interest rate adjusted by a coefficient for the market environment for business clients with an internal bank credit rating, respectively in the interval 1-2 (for BIRa), 3-4 (for BIRb) and 5-6 (for BIRc) . The Bank makes public the base interest rates - BIRa, BIRb and BIRc that it applies, by announcing and publishing them on the Bank's website at www.fibank.bg;  

Admissible collateral: (separately or in combination)

·         a contract for financial security with the provision of a pledge on the payment accounts or a special pledge on the receivables on the bank accounts of the borrower in Fibank;

·         guarantee by the owners of the company or their inclusion as co-debtors under the loan agreement.

Method of repayment:

No fixed repayment schedule in overdraft mode

Other requirements:

For the term of the loan, the borrower undertakes to receive their income from the Health Fund on bank account in Fibank