Fibank 
Consumer Loan
- Completely online application, signing a loan agreement and disbursement of funds within minutes
Interest rate conditions
Interest rate of 5.19%
Advantages
No fee when applying online
Loan amount
Up to BGN 100 000
Term
up to 10 years
With Consumer Loan from Fibank you have the opportunity to benefit from:
- Completely online application, signing a loan agreement and disbursement of funds within minutes;
- High loan amount - up to BGN 100,000* or the equivalent amount in EUR;
- Repayment term - up to 10 years;
- Only against an ID card**;
- No guarantor is required;
- No fee when applying online***;
- Protection in case of unforeseen life events with "Peace with FiHealth" insurance;
- Bonus: If you receive an approval for Consumer Loan, you can also take advantage of a pre-approved debit card overdraft in the amount of up to 3 of your salaries, but not more than 25% of the loan amount, at 0% annual interest rate for the first year. The right to use a pre-approved "Overdraft at 0% annual interest rate for the first year" can be exercised only once.
* For amounts over BGN 80,000, a minimum of BGN 2,500 net monthly income is required.
** Depending on your individual credit rating, other documents may be required.
***Standard application fee for applications submitted at Bank’s office – BGN 25.
Fibank Consumer Loan is a convenient way to get the funds you need for:
- Purchase of home furnishings, household appliances and household equipment;
- Home or car repairs;
- Payment for education;
- Excursion and vacation;
- Medical treatment;
- Current household obligations;
- Family events;
- Or simply because you need money for unforeseen payments.
Loan Parameters
| Maximum amount | Up to BGN 100,000 or the equivalent amount in EUR |
|---|---|
| Term | Up to 10 years |
| Purpose | For current needs and/or consolidation of obligations |
| Interest conditions | From 5.19% variable annual interest rate formed on the basis of SBIR + surcharge, with accumulated additional discounts * |
| Collateral | No guarantor is required |
| Repayment | In equal monthly repayment installments |
| Application fee |
|
| Loan negotiation fee |
|
| Early repayment fee | Not due |
| APR (annual percentage rate of costs) | APR: 8.06% calculated on a loan amount of BGN 15,000, a repayment term of 84 months, with a variable interest rate of 5.19% for the repayment term and including costs for a loan negotiation fee of BGN 273.82, an annual credit card fee of BGN 45, a package program with a monthly fee of BGN 6.85 and an annual insurance premium for "Peace with FiHealth" insurance of 5.05‰. The monthly installment with the specified parameters and a fully utilized loan is BGN 213.35. The total amount due is BGN 19,404.35. |
*Variable annual interest rate, formed on the basis of SBIR + surcharge, including discounts for transferring declared income - 1%, when using a credit card, active electronic banking and at least one registered utility payment in electronic banking - 0.50%, "Peace with FiHealth" insurance - 0.20% and banking package with electronic banking - 0.10%.
SBIR - "Savings-based interest rate" is a reference interest rate calculated for each individual type of currency according to the methodology announced by the Bank, used as the basis for calculating the variable interest rate on the loan applicable to the Agreement. The interest surcharge is calculated according to the individual credit rating of each borrower. In individual cases, the specific financing conditions determined by the bank may differ from the values indicated above.
To apply for a Consumer Loan, you must:
- be a legally capable individual between the ages of 18 and 65 at the time of loan disbursement;
- have a proven and regular income.
- For amounts over BGN 80,000, a minimum of BGN 2,500 net monthly income is required.
Required documents:
- Loan application;
- Copy of ID card;
- Other documents at Bank’s discretion.