Opportunities

Automatic renewal

Advantages

No guarantors

Fees

No fees

Loan amount

Up to BGN 50,000

Our Offer
When you need additional funds

With "Easy Loan" overdraft on payment account, you have the opportunity to:

  • Entirely remote process of applying, signing and disbursing the loan funds within minutes;
  • Multiple use of the loan limit;
  • Flexible repayment with no fixed repayment schedule.

 

You can take advantage of this loan if you are a Fibank customer with a debit card and you receive your monthly income on the debit card.

The amount of the overdraft is up to BGN 50,000 depending on your credit rating. Repayment is carried out automatically from all receipts on the account, and the amount used can be used again within the agreed period.

 

Bonus: Approved in advance overdraft for customers with consumer or mortgage loans from Fibank:

  • If you are approved for a consumer or mortgage loan, you can also take advantage of a pre-approved overdraft* on a debit card in the amount of up to 3 of your salaries**, at 0% annual interest rate for the first year and standard interest rate for the rest of the period.
  • The right to use a pre-approved "Overdraft at 0% annual interest for the first year" can be exercised only once.

* Depending on your individual credit rating.

** Not more than 25% of the consumer loan amount

Overdraft advantages:
  • Security – you always have access to additional funds
  • Optimizing the interest rate on the loan - you pay interest only on the amount used;
  • Flexibility - the borrowed amount can be paid in installments that you determine yourself.
Additional interest rate discounts:
  • 0.25% when using a bank package and electronic banking;
  • 0.25% when using a credit card issued by Fibank, active electronic banking and at least one utility payment registered in electronic banking.
Loan Parameters

An example of an informed choice:

AmountUp to BGN 50,000
Loan currencyBGN
Repayment term

1 year with the possibility of automatic renewal

Interest rate
  • The annual interest rate is at least 9%, formed on the basis of SBIR* + allowance (with accumulated additional discounts).
  • The annual interest rate is determined depending on the individual credit rating of each borrower based on SBIR* + allowance.
 *SBIR – Savings-based interest rate
APR (annual percentage rate of expenditure)12.20% calculated at an authorized overdraft amount of BGN 2,500, for a period of 1 year, the amount has been used in full, at an annual variable interest rate of 9%. The total amount owed by the borrower is BGN 2,852.20. The APR and the total amount due are calculated in accordance with the requirements of the Consumer Loan Act and with the following additional assumption – the overdraft is used in full for the entire term of the contract, the interest rate is as stated above. The APR amount includes the costs for a package program with a monthly fee of BGN 6.85 and an annual credit card fee of BGN 45.
Absorption methodAs overdraft
Fee for advance review of applicationNo fee
Disbursement feeNo fee
Management feeNo fee

*SBIR is a reference interest rate based on savings, calculated for each individual type of currency according to a methodology announced by the Bank. 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 ​​specified above, or additional discounts may be applied from the specified parameters.

Application and documents

You can apply for a loan

To apply for "Easy Credit" overdraft on payment account, you need to:
  • be an able-bodied natural person;
  • have a proven, regular income that you receive on a Fibank bank account with a debit card
Required documents:
  1. Application for an overdraft on a payment account;
  2. Declaration of affiliation;
  3. Copy of identity card;
  4. Other documents at the discretion of the Bank.