Restart Consumer Loan

Our Offer

Reduce the family budget by combining your credit obligations

Resrart consumer loan offers you the opportunity to combine and refinance your credit obligations to other financial institutions on preferential terms:

  • you pay one, lower monthly installment on a single date in one bank;
  • the opportunity to get additional funds to implement your plans;
  • you reduce your monthly expenses and you have more money than your monthly income.

Advantages:

  • high amount of loan granted - up to BGN 80,000 or the equivalent amount in EUR;
  • repayment term - up to 10 years;
  • no guarantor required;
  • against identity card only**;
  • free of charge when applying online***;
  • repayment in equal monthly installments;
  • no early repayment fee;
  • facilitated application procedure and quick response;
  • opportunity to conclude Tranquility with FiHealth Insurance to protect the loan.

* The annual interest rate is determined by the individual credit rating of each borrower. When applying online, you need to specify "Repayment of existing obligations" as the purpose of the requested loan.
** Depending on your individual credit rating, other documents may also be required.

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



Loan parameters

AmountUp to BGN 80 000 or the equivalent amount in EUR
Loan currencyBGN, EUR
Repayment termUp to 10 years
CollateralNo collateral is required
Application fee for applications submitted onlineno fee
Interest rate conditionsmin. 4.94% ***, variable annual interest rate, formed on the basis of SBIR* + margin
Additional discounts
  •  1% when transferring the declared income to an account with the Bank;
  • 1% when transferring the declared income to an account with the Bank;
  • 0.25% when using a credit card from the Bank with a text (SMS) notification package included;
  • 0.20% when using the “Peace of mind with FiHealth” insurance;• 0.10% when using a web banking package.
Early repayment feeNot due
APR (annual percentage rate of costs)6.63%, calculated at the amount of the loan being BGN 15,000; repayment term: 84 months, at a variable interest rate of 4.94% for the repayment term and the following expenses included: annual fee of the credit card: BGN 39, a package program with a monthly fee of BGN 3.50, and an annual insurance premium under the “Peace of mind with FiHealth” insurance amounting BGN 75.75. The monthly installment for the specified parameters and a fully utilized loan is BGN 211.59. The total due amount of payback is BGN 18,658.05.


*** A variable annual interest rate, formed on the basis of MTIR (mid-term interest rate according to the National Bank statistics) + surcharge, including discounts for salary transfer – 1%, when using a credit card with text (SMS) notifications – 0.25%, “Peace of mind with FiHealth” insurance – 0.20% and E-Banking Package – 0.10%.
MTIR (mid-term interest rate) is a reference interest rate based on savings, calculated for each particular type of currency according to a methodology announced by the Bank. The interest surcharge is calculated according to the individual credit rating of each borrower. In individual cases, the specific financing terms set by the bank may differ from the values indicated above, or additional discounts may be applied different from the specified parameters.
The interest rate is valid in case at least 30% of the amount of the newly granted loan, but not less than BGN 2,000, is used for refinancing of loan liabilities in other financial institutions. When applying online, you need to indicate the following scope of the requested loan: Repayment of existing liabilities/debts.



Application Procedure

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.