Fibank 
"Super Loan" Consumer Loan
Interest rate conditions
Interest rate of 4.25%
Maximum Amount
up to 80 000 BGN
Advantages
No fee when applying online
Term
up to 10 years
Fibank Super Loan offers:
- High loan amount - from BGN 30,000 to BGN 80,000 or its equivalent in EUR;
- Repayment term - up to 10 years;
- No guarantor;
- Against ID card only *;
- Payment in equal monthly installments;
- No fee for early loan repayment;
- Simplified application procedure and quick response;
- Option to protect your loan in case of foreseeable life events with “Peace of mind with FiHealth” insurance
- Bonus: Upon approval of a consumer loan, you can also take advantage of a pre-approved debt credit overdraft of up to 3 of your wages, but not more than 25% of the loan amount, at 0% APR for the first year.
* Depending on your individual credit rating, other documents may be required.
The following additional discounts are included in the offer:
- 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 with electronic banking.
Note: Discounts can be combined.
Loan Parameters
| Maximum amount | up to BGN 80,000 or their equivalent in EUR |
|---|---|
| Minimum amount | BGN 30,000 or its equivalent in EUR |
| Term | Up to 10 years |
| Interest rate conditions | 4.25% * variable annual interest rate formed on the basis of the savings-based interest rate + allowance (with cumulative additional discounts) |
| Repayment | in equal monthly installments |
| Collateral | No guarantor/s required |
| Loan negotiation fee | According to the current Tariff of fees and commissions of FIB AD The fee is due no later than the first repayment installment on the loan. |
| Early repayment fee: | Not due |
| APR (Annual Percentage of Expenses) | APR: 5.93%, calculated for a loan amount of BGN 30,000, repayment term 120 months, with a variable interest rate of 4.25% for the repayment term and including a loan negotiation fee of BGN 352.05 , costs for an annual fee of credit card 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 307.31. The total amount due is BGN 39 387.81. |
* Variable annual interest rate formed on the basis of the savings-based interest rate + allowance, including discounts for transferring declared income - 1%, when using a credit card, 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%.
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 allowance 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.