Interest rate conditions

Interest rate of 5.19%

Advantages

No fee when applying online

Loan amount

Up to BGN 80 000

Term

up to 10 years

Our Offer

Consumer loan from Fibank

Take advantage of additional interest rate discounts:

  • 1% when transferring the declared income to an account with the Bank;
  • 0.50% when using a credit card from the Bank, active electronic banking and at least one utility payment registered in electronic banking;
  • 0.20% when using "Peace of Mind with FiHealth" insurance;
  • 0.10% when using a bank package and electronic banking.

Note: Discounts can be combined.

Consumer loans from Fibank offer:

  • High loan amount - up to BGN 80,000 or its equivalent in EUR;
  • Repayment term - up to 10 years;
  • No guarantor;
  • Only against an identity card card*;
  • No fee when applying online**;
  • No granting, management or commitment fee;
  • Payment of equal monthly installments;
  • No fee for early repayment of the loan;
  • Possibility to conclude "Peace of Mind with FiHealth" insurance for loan protection;
  • Bonus: When approved for consumer loan, you can also benefit from a pre-approved debit card overdraft of up to 3 of your salaries, at 0% APR for the first year

 

Consumer loan from Fibank is a convenient way to get the funds you need for:

  • Purchase of home furnishings, household appliances and household equipment;
  • Home or car repair;
  • Tuition payment;
  • Excursion and holiday;
  • Medical treatment;
  • Current household obligations;
  • Family events;
  • Or simply because you need money for unexpected payments.

 

* Depending on your individual credit rating, other documents may be required.

** Standard application fee for applications submitted at the Bank's office - BGN 25.

Loan Parameters

Loan Parameters

Maximum amount
Maximum amountup to BGN 80,000 or their equivalent in EUR
Termup to 10 years
CollateralNo collateral is required
Interest rate conditionsfrom 5.19% * variable annual interest rate formed on the basis of SBIR + allowance (with cumulative additional discounts)
Repaymentin equal monthly installments
CollateralNo guarantor/s required
Application fee 
  • for applications submitted online - no fee
  • at the bank's office - BGN 25
    Loan negotiation fee

    According to the current Tariff for fees and commissions of FIB AD

    The fee is due no later than the first repayment installment on the loan.
    Early repayment feeNot due

    APR (annual percentage rate of expenditure)

    APR: 8.06%, calculated for a loan amount of BGN 15,000, repayment period of 84 months, with a variable interest rate of 5.19% for the repayment period and included costs for a loan negotiation fee of BGN 273.82, annual credit card fee in the amount of BGN 45, a package program with a monthly fee of BGN 6.85 and an annual insurance premium under "Peace of Mind with FiHealth" insurance in the amount of 5.05‰. The monthly installment with the specified parameters and 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 + allowance, including discounts for transferring the declared income - 1%, using a credit card from the Bank, active electronic banking and at least one utility payment registered in electronic banking – 0.50%, "Peace of Mind with FiHealth" insurance - 0.20% and a bank 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 a methodology announced by the Bank, used as a basis for calculating the variable interest rate on the loan applicable to the Agreement. The interest mark-up 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 amounts indicated above.




    Application Procedure and Documents
    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 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;
    3. Other documents at the Bank’s discretion.