Consumer loan

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0700 1 58 85

02/93 00 181 - phone number for 24/7 contact with the bank's cardholders

02/93 00 181
phone number for 24/7 contact with the bank's cardholders

Contacts

Exchange Rates

21.11.2024

	Buy	Sell	BNB Fixed Rate
EUR	1.94620	1.96000	1.95583
USD	1.81607	1.89307	1.85176
CHF	2.06007	2.14007	2.09359
GBP	2.30548	2.38548	2.34568

All exchange rates

Apply for a loan

Advantages

Free„Life insurance“

Parameters

Currency	BGN and EUR
Size	up to BGN 60 000 /EUR equivalent
Term	up to 10 years (120 months)
Annual interest rate	from 6.50% from 2.50% (variable interest rate)
Fees and commissions	for creditworthiness and collateral analysis- from BGN 20 to BGN 320 depending on the loan size; for renegotiation of terms - 1% of the outstanding principal.
Collateral	Pledge on future receivables from income payments on an account with the Bank; Pledge on receivables from cash held in an account with the Bank; Suretyship by individuals at the Bank’s discretion.
Age of the loan applicant	Min. 20 years as of the date of the loan decision. Max. 65 years of age on the loan repayment date.
Repayment	Repayment schedule with equal (annuity) or decreasing monthly payments
Required documents	Statement - Request for a bank consumer loan; Identity document of the loan applicant, joint debtor, third obligated parties; Official income certificate, etc. documents proving the relevant income; Employer's consent to transfer remuneration to a current account at Municipal Bank AD; Statement of economic connectivity of the individual to other persons; Document containing information on the date of the loan agreement concluded with the other bank and the outstanding debt at the time of the refinancing request; Other documents at the Bank's discretion.

Representative example

Loan size	Interest rate	APR	Term	Monthly installment	Number of installments	Total loan costs	Total amount due
BGN 15 000 * in case of transfer of the entire monthly remuneration	7.00%	7.67%	10 years	BGN 174.16	120	BGN 6 169.60	BGN 21 169.60
BGN 15 000 * in case of transfer of the monthly repayment amount + 100 лв.	8.00%	8.75%	10 years	BGN 181.99	120	BGN 7 109.11	BGN 22 109.11

Fees, commissions and other costs included in the total loan costs:

Annual interest rate – 7.00% (in case of transfer of the entire monthly remuneration) and 8.00% (in case of transfer of the monthly repayment amount +BGN 100) - variable interest rate (Methodology of Municipal Bank AD for the formation of a variable interest rate on loans granted to individuals);
one-time creditworthiness and collateral analysis commission – BGN 250

The example was prepared for a loan repayable in annuity installments

Documents