Loans and leasing. Review of Belarusbank credit programs - conditions and interest rates Belarusbank credit

Belarusbank is the largest bank in the Republic of Belarus. The bank provides all types of banking services (lending, deposits, cash settlement services, leasing, factoring, exchange operations, collection, etc.).

Belarusbank devotes a huge amount of time to the development of retail business, analyzing demand, creating competitive offers, introducing new technologies, and expanding its branch network.

The bank places a special emphasis on lending to the population. Let's talk about consumer loans in more detail.

Lending terms

Belarusbank offers its clients various types of consumer lending. Here you can apply for both a targeted loan and a loan for any needs.

The bank often develops special consumer loans, for example, to get a child ready for school, with reduced rates and the most transparent conditions. The credit institution does not forget about young families.

Unique programs with low rates in the first month of using borrowed funds have also been developed for them. In general, every borrower will be able to get a loan with the most favorable conditions for themselves.

Clients should also know that not only a citizen of the Republic of Belarus, but also nationals of other countries and even stateless persons permanently residing in the country and having documents for legal residence can apply for a consumer loan.

To apply for a loan, the client only needs to collect a small package of documents, consisting of a passport and income certificate. The loan amount depends only on the client’s solvency.

Loans are issued against the security of property, deposit, guarantee or insurance. Interest rates depend on the chosen program, amount and loan period.

The loan is processed as quickly as possible.

How to apply?

At Belarusbank, a consumer loan is issued as follows:

• a client application form is submitted, which is analyzed and an initial decision is made;

• the client is invited to the office with documents, which the bank studies and makes a final decision;

• A bank employee prepares the necessary documents, after they are signed by both parties, the money is transferred to the client’s account.

Online application

A potential client can also submit an application remotely.

To do this, you must enter personal data and also indicate information on the requested loan.

If the bank makes a positive decision, the client needs to come to the office in person with the documents to further process the loan.

Bank offers

Belarusbank offers a variety of targeted and non-targeted consumer loans. The table contains all the bank’s offers with basic conditions.

All figures given are basic. Interest rates, limit, period are calculated for each borrower individually after providing all requested documents.

Consumer loan from Belarusbank without guarantors

Many clients ask a very natural question: is it possible to get a consumer loan without a guarantee?

Belarusbank usually offers loan agreements with collateral, which is collateral, securities, cash (deposit) or a guarantor.

If a potential borrower is unable to provide such collateral, the bank offers to take out insurance (insurance against the risk of non-payment of the loan).

In this case, the client does not need to look for guarantors or transfer collateral to the bank.

In addition, the client will be able to do without providing a certificate of income if he receives wages through Belarusbank.

Package of documents

To apply for a loan, the borrower personally comes to the bank office and provides the responsible employee at Belarusbank with:

• copy and original of civil passport;
• a certificate of receipt of income for three months (if the client receives wages through Belarusbank, an account statement is sufficient).

The bank also requests certificates of credit debt, consent to the processing of personal data and some other certificates, the validity of which does not exceed 15 days.

If collateral (real estate, car) or a guarantee is required when applying for a loan, then, accordingly, the bank will request additional documentation.

Maximum and minimum amounts

Amounts for consumer loans at Belarusbank are determined individually for each borrower after they provide documentary evidence of their income.

The limit can be increased only if a surety is involved or there is collateral.

Interest

Rates on consumer loans at Belarusbank are determined after analyzing the client’s income, his solvency, etc.

The table shows the basic indicators for each program:

The bank also offers other types of targeted consumer loans, for example, loans for the purchase of goods in stores with which the bank has entered into appropriate agreements or loans that help prepare a child for school (purchase clothes, stationery, etc.).

Requirements

Not only citizens of the Republic of Belarus, but also stateless persons or foreign citizens who permanently reside in the country and have a permanent legal source of income can apply for a consumer loan (targeted or for any needs) at Belarusbank.

The mandatory requirement is: adulthood and legal capacity.

If an individual applies to a bank to apply for a youth loan, then age restrictions are established for him. Youth loans are issued to persons under 31 years of age.

Deadlines

The loan period depends on the program chosen by the client. Seasonal loans, for example, Summer with Belarusbank, can be obtained for a period of up to six months, while other loans are provided for 1-5 years.

Any loan can be repaid ahead of schedule; fines and commissions are not charged for such operations.

Payments

The client will be able to repay the debt to the bank in any way convenient for him.

Payments can be made through a bank cash desk or remotely. You can also repay the loan through other banks or financial institutions.

However, it should be remembered that transferring funds through other organizations involves an additional commission.

Advantages and disadvantages

Belarusbank is a fundamental bank in the Republic of Belarus. This financial institution serves a huge number of individuals, most of whom only speak positively about it.

For individuals, the bank offers many different products, including credit, which have many positive aspects:

• several targeted and non-targeted consumer loans;
• minimum documents for registration;
• operational work on checking and preparing a loan agreement;
• for youth loans and special offers, reduced rates in the first month of using the loan;
• registration is possible without guarantee and collateral;

• credit insurance at the request of the client (without insurance, a guarantor or collateral is required);

• many debt repayment options, including Autopayment, M-banking.

You should not look for negative aspects in loan programs from Belarusbank.

A financial institution always offers a variety of lending options; each borrower will be able to find a solution that is beneficial for themselves.

OJSC "ASB Belarusbank" is the largest in the territory of the Republic of Belarus. The bank sells more than 100 types of financial services, including consumer lending. Belarusbank's clients are about 70% of all borrowers in the country, which is more than 800 thousand citizens.

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Lending terms

Belarusbank has several types of consumer credit products. There are options for targeted direction, with support, social orientation. At the same time, lending conditions for all loan products are similar.

Filing an application

In order to obtain a consumer loan, the Applicant has the opportunity to apply:

• to any of the branches of JSC "JSSB Belarusbank" that provides banking services;
• fill out an online application on the Belarusbank corporate website;
• call the contact center using the special short number 147.

Applications for a trade loan are submitted directly to trade organizations that cooperate with the Bank.

Documents required by the Bank

To approve a loan application and provide a loan, the Bank requires the following documents:

1. Passports, as well as their copies of the borrower and guarantors for the loan (in the case of choosing a secured loan - a guarantee of individuals).
2. Application form for a loan.
3. Certificates confirming the availability of income from the borrower, as well as from the guarantor (if one is involved). Or an account statement for the last quarter, provided that the borrower receives a pension or salary through Belarusbank. The certificates are valid for 30 days.
4. The borrower’s consent to provide information about him, namely a credit report from the Credit Register, issued by the National Bank of the Republic of Belarus.
5. The client’s consent to the receipt and verification by the creditor bank of personal data about him.

Additionally, depending on the purpose of lending, the Bank requires:

1. As part of the provision of trade credit:

• invoice.

2. When applying for a loan for burial:

• death certificate;
• invoice.

3. The need for a loan for medical services, the borrower must confirm:

• a certificate from a medical institution confirming that the applicant or his relative is registered with a dispensary;
• an agreement and (or) an invoice for the provision of medical services indicating the cost of medicines and services provided.

4. For an education loan:

• a copy and original of the agreement on training a specialist in a higher or secondary specialized educational institution on a paid basis;
• a certificate from an educational institution indicating the presence of a first higher or secondary specialized education.
  

  The document must contain information about the form and timing of completion of training.

Before you take out a loan, you should think about it. You will find detailed information about this type of lending on our website.

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Interest rates

The peculiarity of the current interest rates on consumer loans in Belarusbank is that they are linked to the refinancing rate of the National Bank of the Republic of Belarus.

Thus, the Bank sets the cost of a specific loan as an amount that is a multiple of the refinancing rate of the National Bank of the Republic of Belarus plus (or minus) a certain number of credit points.

The interest rate under the concluded loan agreement remains unchanged throughout its entire validity, unless otherwise provided by the agreement itself.

The refinancing rate of the National Bank of the Republic of Belarus last changed downward in August 2020. As of November 2020, its value corresponds to 20% per annum.

Video: How to take out a loan correctly?

Types of consumer loans from Belarusbank

Consumer lending at Belarusbank is limited to 9 offers.

Requiring security in the form of a guarantee, non-return insurance, collateral:

• “Consumer loan” for any needs. Provided by cashless transfer or to a payment card;
• “For the purchase of a car”, essentially a targeted car loan;
• “For training”, provided for the purpose of obtaining higher and secondary specialized education. The money is transferred to the account of the educational institution;
• "", as well as the installation of monuments and fences;
• “For medical services” for citizens who are registered at a dispensary in order to pay for medical care, purchase medications and equipment.
• With security only in the form of a penalty:
• “Time-tested” is a non-targeted loan designed for salary clients not older than 57 years of age. The money is transferred to an international credit card;
• “For the purchase of goods,” as the name suggests, a targeted consumer loan for the purchase of goods in trade organizations with which the Bank has entered into agreements;
• “Application to Santa Claus”, a special offer for the New Year holiday, valid from November 24, 2020 to January 15, 2020. The loan is provided to a bank card.

Without collateral:

• “Instalment without overpayments” is a loan intended for the purchase of goods in certain trade organizations. The loan is transferred to the current account of the trading organization.

Requirements for the borrower

The Bank’s requirements for the loan applicant are the same for almost all loan products:

• citizen of the Republic of Belarus;
• foreign citizen;
• a stateless person;
• compulsory residence in the country;
• availability of a permanent source of income in Belarus;
• employee of a branch and representative office of a legal entity located abroad.

Applying for a loan

Regardless of the method of applying for a loan, to draw up a loan agreement, the borrower must come to a Bank branch. Moreover, this makes it possible to count on the maximum loan size.

Features of applying online

For borrowers who submit an application electronically, a loan of no more than 200 basic units is available.

As of November 2020, this is within 30 million Belarusian rubles. rub. The process of filling out and submitting an online application is as clear and simple as possible. Simply fill out the form provided on the website.

The Bank's decision is communicated to the applicant in the manner specified in the application. Refusal is possible in a situation where loan payments exceed the borrower's net income by more than 50%. In case of a positive decision, the client must personally appear at the bank with a package of necessary documents.

Interest rate

The interest rate is set by the Bank's board in accordance with the type of loan, the terms of its provision and the period of use.

In most cases, its calculation is based on the refinancing rate of the National Bank of the Republic of Belarus (hereinafter referred to as the NBRB rate), which as of November 2020 is equal to 20% per annum.

In accordance with the terms of loan agreements, the interest rate does not always remain unchanged throughout the entire period of the agreement.

A change in the cost of a loan may be caused by a change in the refinancing rate of the Central Bank of the Republic of Belarus. Or by decision of the Bank's Board.

The borrower is informed about the new loan conditions through newspapers, websites and at Bank branches.

Maximum and minimum loan amount

Before concluding a loan agreement, the Bank assesses the client’s creditworthiness.

During the assessment, loan debts, guarantee agreements, credit history, and factors that could affect the borrower’s solvency (marital status, expenses) are analyzed.

The result of this analysis is the determination of the maximum loan size, that is, the limit of the borrower's solvency. It cannot exceed the coefficient established by the Bank based on the borrower’s net income.

The minimum size for consumer loans from Belarusbank has not been established.
The available maximum loan amount for the borrower necessarily satisfies the above criterion. Some loans have additional conditions:

Terms of loan issuance

Loan terms at Belarusbank generally range from one to seven years.

State regulation of the interest rate level makes it possible to control the lending system in general in the Republic and in Belarusbank in particular.

All loan products are available, inexpensive and easy to obtain. With the help of credit funds, you can become parents, solve current issues and perpetuate the memory of loved ones.

This allows us to say that Belarusbank is ready to help its clients throughout their lives.

Debt repayment

Payment of debt to Belarusbank is made monthly for the actual time of using the loan in accordance with the schedule.

There are several repayment methods:

• at bank cash desks;
• at information kiosks, using cards issued by ASB Belarusbank and other resident banks. In the latter case, the commission is 1% of the amount;
• through M-banking;
• using the Internet banking service.

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Pros and cons of the bank

“Belarusbank – Striving for growth. Yesterday. Today. Tomorrow” - this is the motto of the largest state bank in Belarus. It is better for the bank to leave its disadvantages in yesterday's memories.

If you believe customer reviews, the main problems of the bank are:

• commission, as the bank calls it, is the amount of remuneration charged for certain services. If we talk about consumer lending, then such a reward costs the client 3.5% of the cash withdrawal amount, but not less than 10 thousand Belarusian rubles. rub.;
• problems with Internet banking. Unfortunately, the service is not always available to clients “for technical reasons,” which naturally causes inconvenience and dissatisfaction;
• insufficient number of ATMs and branches.

But these minor shortcomings are more than covered by today’s advantages:

• affordable loan rates;
• two low-interest proposals for social targeted loans for medical services and improvement of burial sites;
• the Bank’s convenient website, which allows the client to independently understand the terms of the loan, get answers to questions through an online consultation, and calculate the terms of the loan using a calculator;
• holding holiday promotions on credit offers;
• credit offer “Instalment without overpayments”, which allows you to purchase on terms of an almost interest-free loan.

But tomorrow the Bank still has room to grow. In the long term it would be good:

• increase the number of branches;
• expand the list of partner outlets;
• eliminate deficiencies in the operation of Internet services;
• expand the line of consumer loans without collateral.

The history of Belarusbank, the largest bank in Belarus, began in 1987. After some time, industry financial institutions and the Minsk commercial bank joined it.

In 2011, the bank took a leading position in the country. It is included in the TOP 100 best banks in the world. In 2015, Belarusbank took an honorable 10th place in the list of 25 best banks in Eastern Europe.

More than 99% of banking shares are state owned. The bank has many certificates and awards, including for international transfers and execution of financial orders at a high level.

The total volume of loan funds from foreign investors is 2 billion US dollars. The bank has 28 branches, about 100 centers for the provision of banking services, over 1,600 branches, more than 160 currency exchange offices and a head office in Minsk.

The key areas of activity of the financial institution are loans to corporate clients and individuals, deposit operations, overdraft, and brokerage services.

A consumer loan is issued non-cash, to a credit card. The interest rate is calculated for the actual time of use of credit funds. The credit limit is determined individually, taking into account the client’s solvency.

Under what conditions can I get a consumer loan from Belarusbank?

Collateral, surety, insurance and other things provided for by the law of the Republic of Belarus can be used as security. The loan repayment period is up to 5 years with an overpayment per year of no more than 24%.

Borrowers can be not only citizens of the Republic of Belarus, but also foreigners who have a stable source of income and permanent registration in the country.

Popular Belarusbank products include:

“Successful renewal” – provided to pay off debt for real estate or debt on other consumer loans. The loan can be obtained in rubles or foreign currency. Issued without guarantors;

“Time-tested” – involves issuing an international credit card with the ability to make payments on the Internet. The program is available to persons under 57 years of age who are salary clients. You can get a loan without a guarantee with a minimum package of documents. The credit limit may be increased during use. Monthly payment – ​​5% of the remaining debt amount;

“Confident Start”, “Serious Plans”, “Young Family” - these are loans intended for young people. Their advantage is low interest rates, convenient repayment methods and the ability to connect to various loyalty programs. Borrowers can become full-time students from the 3rd year, but not older than 31 years;

“Time to Live” - according to the terms of the program, the loan is intended for citizens of the Republic of Belarus who have the right to a pension. Borrowers receiving a pension from Belarusbank may not provide a certificate of income. A distinctive feature of the loan is a reduced interest rate;
Student loan – involves transferring funds to the account of a higher education institution, technical school, or college. The overpayment per year depends on the borrower's solvency;

Loan for the purchase of a car - according to the terms of the program, repayment will be made in equal monthly payments. You can purchase a new car on credit from an official Geely dealer with whom the bank cooperates;

“Internet banking” – allows individuals to apply for a “Cashless Internet” loan. Under the terms of the program, a loan in Belarusian rubles is credited to the bank account. Overpayment – ​​15% per annum, repayment period – 1 year. The loan product is convenient for paying for goods or services on the Internet.

How to apply for a consumer loan at Belarusbank?

To transfer credit funds to an account or credit card, you must visit a bank branch and provide the following documents:

A copy and original passport of the borrower and the guarantor (if you choose a guarantee as a method of security);

Certificate of income of the borrower and guarantor. If the borrower or guarantor receives a pension or salary from Belarusbank, then instead of a certificate of income, you can issue an extract from your personal account for the last months;

The borrower's consent to provide a credit report from the register of the National Bank of the Republic of Belarus;

The borrower’s consent to the bank’s verification of information and personal data about him.

Certificates are valid only for a month from the date of their issue.

Advantages of lending at Belarusbank

Loyalty programs such as “Conscientious borrower”, “Preferential rate”, “Non-cash benefit” can be used when repaying a Belarusbank loan.

It is easy to pay for a consumer loan in several ways: via the Internet, mobile banking, at bank information kiosks, using the Autopay program. But these are not all the advantages of cooperation.

Via the Internet, you can pay for services and goods of different price categories all over the world with a credit card from a financial institution.

You can get a loan from Belarusbank at any of its branches. The application can be filled out on the bank’s official website or at an information kiosk. You can also leave a request by phone.

If you receive a pension or salary from the bank, you will not need an income certificate when applying for a loan.

Almost all banks consider consumer loans to be the most popular type of lending. They come to the aid of every person when purchasing any item, during repairs, or if necessary, to exchange a wardrobe. At the same time, you don’t need to wait for a long time, putting aside a certain amount from each salary, you can take consumer loan at Belarusbank and spend the borrowed money on personal needs. Borrowed funds from this financial institution will help solve many current problems. Borrowing money from this bank has some advantages:

A person who receives wages on a Belarusbank payment card does not need to prove his solvency and submit a certificate of income;

You can pay the monthly fee at bank branches, through M-banking or the Internet.

Belarusbank issues money for consumer needs non-cash to the borrower's payment card. As in other financial institutions, the borrower must repay the borrowed money within the terms specified in the contract according to the actual use of the borrowed funds.

Conditions for issuing a consumer loan at Belarusbank

How much a borrower will receive a consumer loan from Belarusbank depends only on his solvency and is considered by the bank individually in each specific case. If a person needs to borrow a fairly large amount, then the financial organization in almost all cases requires a guarantee from other individuals or security with liquid property, movable or immovable.

Belarusbank sets the payment rate depending on the loan term. If the loan is taken for more than five years, the loan rate increases by 1%. In addition, the size of the rate in this financial institution is also influenced by the borrower’s place of residence. If a person lives in a locality where the population does not exceed 20 thousand people, then the interest rate on the loan, regardless of the borrowing period, will be one percentage point lower than for residents of megacities. The bank does not change the established interest rate throughout the entire loan term, even if the organization changes it, this will not affect already concluded agreements.

Requirements for a borrower to obtain a consumer loan from Belarusbank

The financial institution does not impose strict requirements on its borrowers. Today, not only Russian citizens, but also foreigners and even stateless persons can receive a consumer loan from Belarusbank, but they must permanently reside in the Russian Federation and have a permanent income.

When applying for a loan, a potential borrower must provide a certain package of documents. It is necessary to submit not only the original passports of the borrower and guarantor, but also their copies. In addition, to confirm his solvency, a person must provide a certificate of his monthly income and what deductions he had over the last three months.

Both the recipient of the loan and his guarantor must give written consent that a report will be submitted for this loan to the Credit Register of Belarusbank. At the borrower’s request, borrowed funds can be transferred to his payment card or to the account of another individual; they can be used to pay for services and goods or to withdraw cash.

• Applying for a consumer loan at Belarusbank via the Internet

  Currently, consumer loans at Belarusbank can be obtained via the Internet. Based on electronic applications, this financial organization issues loans, the amount of which does not exceed 200 basic units. Filling out an online application is as convenient as possible; you do not need to visit a bank branch, and the application itself can be completed directly at home. The borrower must enter his personal data and data on his own creditworthiness. But to receive the money, you still have to wait for a positive response from the financial organization, and it remains to be seen whether it will be received. We know all the methods that will have an impact on issuing a positive answer. You only need to fill out an application on our website, and we will use all our experience to ensure that the response from Belarusbank is positive. By contacting us, you increase your chance of being approved for borrowed money. There is no need to take risks, we will do the most important part of the work for you, and you will only have to wait for a call from the bank informing you of a positive response. After this, all you have to do is visit a branch of this financial institution and, after checking the documents with the online application data, receive loan funds and use them for your needs.

General terms

Loans for consumer needs from Belarusbank are a loan (credit line), the amount of which depends on your solvency, issued under the guarantee of individuals.

Credit calculator

In addition, the calculator will help you determine the amount you can save on interest if you are prepared to keep your loan payment at the same level.

Online loan processing

Using the order form, you can apply for a loan in 1 minute, after which the bank will contact you and inform you of the decision and determine the location (branch) for processing all the necessary documents.

Documents for obtaining a loan

• Passport or residence permit;
• Certificate of income.
• Guarantor's documents (passport and income certificate)

Basic requirements for the borrower

• Resident of the Republic of Belarus. Confirmed by a passport of a citizen of the Republic of Belarus or a residence permit in Belarus.
• Seniority. Confirmed by information on the income certificate.

Loan repayment

• Through a cash desk at a bank branch
• Using Internet banking and mobile banking of Belarusbank
• Using Internet banking and mobile banking of other banks, if they are connected to ERIP
• Through ATMs and information kiosks of other Belarusian banks connected to the ERIP system.