How to refinance a loan in VTB. Online VTB loan refinancing calculator

Loans have become an integral part of the lives of Russians. However, circumstances may change and the payment becomes unaffordable for the borrower. In such cases, you can consider refinancing VTB 24, because the bank offers clients attractive rates and loyal loan conditions. The financial institution carries out on-lending to clients of other banks, and can also revise the terms of the agreement with its borrowers.

What is refinancing

Some people do not know the meaning of such a term as “refinancing”, and therefore the features of the banking product are vaguely understood. The name of the program is translated as refinancing and in the context of lending it takes on the meaning of a loan to pay off existing debts to this or other banks. The program is a targeted loan and has a number of features.

Refinancing program at VTB 24

This financial institution offers the population a large selection of banking products. Loan refinancing at VTB 24 is carried out on favorable terms for borrowers, allowing them to lower the interest rate or reduce the monthly payment. You can get money from VTB Bank to repay consumer loans, mortgage loans and car loans. The refinancing program is available to clients of the issuer, the VTB group of companies (Post Bank, TransCreditBank, Bank of Moscow) and third-party financial institutions.

This program is designed to help Russians avoid damaging their credit history due to temporary money problems. According to the terms, you can change the repayment period of the debt and the size of the monthly payment. Thanks to refinancing, you can reduce the burden on your budget. The most favorable transaction parameters are available to clients of the issuer and partner banks. However, borrowers from third party financial institutions can also apply for such a loan.

Conditions for refinancing

All individuals can take advantage of this advantageous offer. However, the bank sets a number of conditions for potential clients. The refinanced loan must have no current arrears. A new loan is issued in the amount of 100 thousand to 3 million rubles. The parameters of the agreement depend on the category of the borrower and are always established by the issuer on an individual basis.

VTB 24 carries out refinancing on the following terms:

The existing loan must be issued in domestic currency.
There must be at least 3 months left until the loan is closed and the debt is fully repaid.
The amount of overpayment under the new agreement will be 14.5-15% per annum. Minimum interest rates are available to salary clients and borrowers at partner banks.
The loan is issued without involving guarantors or providing property as collateral.
The bank does not charge any fees for issuing a loan under this program.

Requirements for the borrower

Before you apply for refinancing, you should make sure that you meet the requirements of the financial institution. VTB 24 reviews applications and makes positive decisions on them if the potential client meets the following parameters:

is a citizen of the Russian Federation;
has a permanent place of work;
can confirm his income with the appropriate certificate;
over 21 years old but under 70 years old;
has at least 1 year of work experience in the current position;
has permanent registration in the region where the application was submitted;
has an income of 20-30 thousand rubles, depending on the specific region.

Documents for refinancing a loan at VTB 24

To begin the transaction process, you need to provide the financial institution with a complete package of documents necessary for consideration of the application:

Passport.
Documents for the refinanced loan (agreement, statements, etc., the main thing is that the paper contains all the necessary information on the previous transaction).
SNILS.
A certificate confirming the borrower’s solvency (2-NDFL, according to the form of the employer’s or bank’s organization, it is possible to provide documents on additional income).
If the requested amount exceeds 500 thousand rubles, then a copy of the work book (agreement with the employer) must be notarized.

Application for refinancing at VTB 24 online

At this financial institution, you can submit an application through the official website. To do this, fill out the appropriate form, which indicates the client’s data, type of loan, repayment period, current interest rate and the amount of the regular payment per month. In addition, the details of the financial institution to which the applicant has debt obligations are indicated: BIC, current account number. This information is needed so that VTB can repay the borrower’s debt using the details provided, if the application is approved.

Refinancing at VTB 24

This financial institution actively advertises a profitable program for transferring existing loans to VTB. The procedure is a registration of a targeted loan to repay the balance of the existing debt, aimed at clients of third-party banks. The issuer can transfer funds to pay for the client's loans independently using the details provided. Refinancing differs from refinancing only in that the service is designed for clients of other

Transfer of a loan to VTB 24

Transferring a consumer loan to this financial institution does not take much time. The client needs to contact an employee at the bank branch with a completed application and the necessary documents. In addition, you can create an application on the official website, following the system prompts. Citizens' appeals are considered within two working days. The procedure for refinancing a mortgage is more complex, in which the issuer places high demands on the potential borrower.

Mortgage refinancing

Taking out a loan to pay off a mortgage is more difficult. The procedure has its own characteristics and includes the following steps:

Filing an application.
Drawing up a new loan agreement secured by real estate.
Paying off existing debt.
Transfer of real estate to the issuer under a pledge agreement.

Refinancing of a mortgage loan is issued for a period of up to 30 years. The interest rate varies from 11.25 to 13.25%. The specific figure depends on the availability of insurance, the category of the borrower, the connection of paid options, and other things. Salary clients can count on simplified transaction processing and minimal overpayment. The client can receive up to 80% of the market value of the property, but not more than 30 million rubles. If the transaction is executed using two documents, then the maximum loan amount cannot exceed 50% of the value of the collateral.

Consumer loan refinancing

Refinancing VTB 24 is a procedure that includes the following steps:

The applicant finds out the exact balance of the debt to another bank, submits an application for refinancing at the nearest VTB 24 branch or through the bank’s website.
Provided there are no delays on the refinanced loan and the applicant meets the bank’s requirements, the issuer makes a positive decision on the application.
The client comes to the branch with a full package of documents to formalize the contract.
The bank independently pays the lender the balance of the debt, after which the borrower repays the loan under a new agreement already at VTB 24.

Car loan refinancing

The refinancing program also applies to targeted loans. The procedure for refinancing a loan for the purchase of a car includes all the main stages and is carried out under the following conditions:

Amount from 30 thousand to 1 million rubles.
Loan term – up to 5 years.
Interest rate from 13.95% per annum.
The car is subject to CASCO insurance and is transferred to the issuer under a pledge agreement.

Pros and cons of refinancing a loan from VTB 24

Before taking advantage of an offer from a given financial institution, it is recommended that you know the advantages and disadvantages of the program. One of the disadvantages is that the program only applies to ruble loans and credit cards. As for the advantages, refinancing VTB 24 has the following advantages:

It is more convenient to make payments on one loan than to make numerous payments on different dates to several financial organizations (the total number of refinanced loans is no more than 6).
Refinancing on more favorable terms helps you save on overpayments.
Reducing the monthly payment reduces the burden on the budget, which is especially important for those borrowers whose family situation has worsened.
The transaction is completed without collateral and with a minimum set of documents.

Refinancing calculator

Before applying to a financial institution for a loan, you can calculate the approximate size of the monthly payment and the interest rate under the new agreement using a special calculator on the bank’s official website. The program instantly displays the amount of overpayment on the loan if you specify the following parameters of the existing loan:

sum;
term;
bid;
date of registration.

The calculator helps to calculate not only the possible rate and benefits of refinancing, but also the difference between two options: a rate reduction or a reduction in the monthly payment. In both cases, you need to fill out all the above fields, after which you can clearly see which option will be more profitable for a particular borrower. However, it is worth noting that the calculator data is approximate; more accurate information can be obtained from the VTB-24 branch.

Video: loan for refinancing at VTB 24

Every year, banks offer more and more favorable rates on loans, and therefore individuals who received a loan several years ago are forced to repay it at completely unfavorable rates. One solution to this problem is the possibility of refinancing loans at VTB 24.

Conditions for refinancing loans from other banks at VTB 24

Loan refinancing at VTB 24 for individuals is carried out under a separate program, which has the following conditions:

Minimum request: 100 thousand rubles;
Maximum: 3 million;
Payment period: 6-60 months;
Number of credits in other institutions: up to 6;
Possibility to refinance credit card debt;
The right to request additional funds beyond the debt;
Interest rate: 14.5-15%.

With the help of refinancing, the borrower will be able to receive certain benefits:

Several debts to different creditors are transferred into one at VTB 24;
Receive a smaller bet;
Reduce the total amount of overpayment on the loan;
Reduce monthly payment;
At the same time, obtain a consumer loan.

Refinance your existing consumer loan from another bank with a more favorable interest rate at VTB 24

Requirements for individuals

Obligations to banks included in the VTB structure cannot participate in the loan refinancing program at VTB 24; a list of them can be found on the official website: VTB, VTB 24, Post Bank, BM-Bank.

Certain requirements are also imposed on individuals:

Citizen of the Russian Federation;
Permanent registration;
Stable official income.

Consumer loan requirements

The following requirements are put forward for refinanced loans:

Type: consumer, collateral, unsecured, mortgage, target (for cars), credit card;
Currency: ruble;
Duration until the end of the loan: more than 3 months;
Monthly repayment for the previous six months;
No delinquencies at the time of contacting VTB 24.

Before submitting an application for loan refinancing to VTB 24, you must clarify the current amounts of debt. This can be done by obtaining a statement from the lender, through an online bank, or by independently calculating according to the payment schedule and terms of the agreement (with regular deposits of money).

List of documents

The list of documents for refinancing a loan at VTB 24 includes:

Identification;
SNILS;
Document on earnings: personal income tax-2, on VTB-24 form (you can download it on the official website) or a certificate generated by the employer;
Information about the debt: a valid agreement or notice of the cost of the loan.

If the applicant receives wages through VTB 24 Bank, he only needs a passport and loan information. It is desirable, but not mandatory, to provide SNILS.

Refinancing calculator

To assess your capabilities, you should use the VTB 24 loan refinancing calculator, which can be found on the official website.

In this case you will need to indicate:

The amount of debt on a current consumer loan;
Monthly payment amount;
Current rate.

If necessary, you should add other forms to the calculation on the calculator: credit card, consumer, etc. You will need to enter similar data into the calculator for each type of obligation.

If the user also needs a loan, he needs to check the box Receive additional funds from VTB 24. The amount should be indicated in the corresponding item of the calculator. In this case, it is necessary to take into account that the total amount of all debts and the new loan at VTB 24 does not exceed the limit established by the refinancing rules.

The VTB 24 consumer loan refinancing calculator on the official website will show the result:

Total loan amount: current liabilities, new loan;
Monthly payment on existing loans: current and assigned after refinancing at VTB 24, indicating the difference;
Total overpayment on loans: current, during refinancing;
Maturity;
Rate: current and proposed (indicated for reference, can be changed upon agreement).

After analyzing the calculator’s response, it is easier for the user to navigate and decide whether to contact VTB 24 for refinancing. It is worth remembering that the calculator’s calculations may differ from the conditions that VTB 24 will offer after analyzing the client’s specific situation.

Online application

You can contact VTB 24 for loan refinancing in the following ways:

In person at the department. In this case, it is worth having a complete package of documents with you to speed up the review procedure.
Online. Fill out and submit the application form on the official VTB 24 website.
By phone. The manager will assess the client’s specific situation for the possibility of refinancing and fill out the application remotely. After which he will ask you to visit the office with documents to make a final decision.

There are usually no problems filling out the application. It contains data about an individual, his income, employment, available consumer and other loans.

Decision on the application, incl. online, accepted within 1-3 days. For remote submission methods (telephone, official website), approval is preliminary, after which it is necessary to submit documents to VTB 24 to confirm the decision on refinancing. If the client submits an application in person, it is recommended to immediately take the papers with him.

Loan repayment at VTB 24

If the answer is positive, the contract is signed, a repayment schedule is drawn up and money is transferred. Under the terms of refinancing a loan at VTB 24, an individual is obliged to repay his obligations to other banks. After this, he has the right to use the available balance of borrowed funds at his own discretion (if any) and make timely monthly payments to VTB 24.

To do this, an account is opened in the client’s name, into which he can deposit funds in any convenient way, or a card is issued for online deposits.

Today you can make payments using any of the following options:

Via VTB 24 ATM;
In the office;
In Internet banking. Here you can also set up automatic payments from another VTB 24 card and monitor repayment;
Through the Golden Crown service;
Via Russian Post;
From a card of another bank through online services.

Preferential payment

When refinancing a loan at VTB 24, the borrower can use the Preferential payment service. It allows you to lower your initial payments by paying only interest. The number of months for using preferential conditions cannot be more than 3. The function is registered upon concluding a contract on a free basis.

Credit holidays

If, during the period of cooperation on the loan, the borrower encounters unforeseen circumstances that do not allow him to repay debts on time, it is recommended to use the Credit Holiday program.

This means the right to skip one payment. The service operates under the following conditions:

An individual can take advantage of Credit Holidays no more than once every six months;
Not connected in the first 6 months after signing the contract and 3 months before the end of the term;
The missed month is shifted, due to which the end date of the refinancing is simultaneously postponed;
You can activate the service in the office or through the Call Center. Activation cost – 2000 rubles.
You can apply for connection on any day except the payment date.

Conclusion

Refinancing in VTB 24 allows you to transfer debts of individuals to other creditors to VTB 24 and combine them into one. At the same time, it is also allowed to request a certain amount as a new consumer loan. It is permissible to submit an online application for loan refinancing at VTB 24 or in person, for which you will need to collect a certain package of documents. A simplified list is provided for salary clients of VTB 24. You can evaluate the benefits of refinancing on the official website using a calculator.

Many people have heard about such specific terms as refinancing and refinancing, but have a vague idea of what they mean, or do not understand their meaning at all. But the programs developed to implement them are very attractive and allow you to solve problems that have arisen with loan payments.

Today we will talk about how refinancing of VTB 24 consumer loans is organized.

By the way! Loan refinancing in VTB 24 calculator, which can be found on the official portal, allows anyone to calculate how profitable the intended financial transaction will be. To do this, you just need to enter the required parameters.

According to statisticians, in 2019 there continues to be a steady increase in the number of our fellow citizens who have more than three loans on hand: in just a few years, their number has almost quadrupled! Unfortunately, not everyone manages to cope with their obligations using their own resources. In such cases, one of the effective solutions is refinancing (the prefix re means repeated) or refinancing. What is the difference between these concepts?

In the first, more general case, we mean obtaining a new loan in order to repay previous loan obligations to this or other financial organizations. Refinancing is a special case of this and involves an operation only with a change of bank: thanks to a loan taken from a new bank, an individual covers his obligations (there may be more than one) to the old creditor, acquiring a new one in his person.

It is important to understand! For individuals, there is no fundamental difference between these two concepts.

VTB 24 refinancing loans from other banks

The unique refinancing program offered by VTB 24 is designed for several banking products: with its help you can repay mortgage, consumer, and car loans. How much more convenient it is to take out one loan instead of several and pay it monthly with only one financial institution!

Of the other positive aspects of this program, we note the most important:

Opportunity to save money. After the loan is reissued, VTB 24 Bank will issue new obligations at a lower interest rate;
Reduced monthly payments by combining several loans into one with an increased repayment period. If the financial situation worsens, this becomes a real salvation;
The program provides its participant with a chance to “not ruin” their credit history.

Refinancing at VTB 24 in 2019: conditions, interest rate

VTB 24's proposals stand out favorably and maintain reasonable parity between the interests of the borrower and the lender. Judge for yourself:

There are no commissions or other fees required from clients;
There is no need for collateral, collateral or guarantors;
The interest rate is fixed and equal to 15 percent.

It is also important to know the conditions for refinancing a loan at VTB 24 for individuals:

The program applies only to ruble loans or credit cards issued by other credit institutions;
The amount provided starts from 100 thousand rubles. Its maximum value reaches three million rubles. Experts recommend indicating in the application an amount slightly higher than the one you are going to repay in order to be able to receive the difference in cash for other purposes;
Each day of delay will result in a fine of 0.1 percent of the overdue amount for negligent clients;
An application for participation in the program can be submitted if there are more than four months left until the old debt is repaid.

How to submit an application

Let's look at what documents are needed to submit an application:

Passport confirming Russian citizenship;
SNILS (the condition applies to all applicants, except military personnel);
Loan documents for previous obligations;
If the required amount exceeds the mark of half a million rubles, you will need to provide a copy of your work record book. In other cases, documents confirming income and employment are sufficient.

How to apply?

An online application for loan refinancing at VTB 24 is submitted as follows:

The lender's official website asks you to fill out the attached form indicating the applicant's personal information, type of loan, expected repayment period, as well as the preferred interest rate and planned monthly payment.

In addition, you need the bank from which the applicant previously took out a loan, a BIC and a current account - if the decision is positive, these details will be needed to pay off your debt.

You can submit your application directly at any bank branch. According to the regulations, the application is considered within two working days.

RUB.

YEARS

The overpayment will decrease by:

for the entire loan term.

The monthly payment will decrease by:

The loan term will decrease by:

Comparison of loans

Online VTB loan refinancing calculator

The official online calculator will calculate loan refinancing at VTB 24 according to the conditions for 2019. The program is designed to compare loans taken from other banks by individuals. Refinance your loans!

When the terms of an existing loan are no longer satisfactory, the borrower has a solution - refinancing (on-lending). Refinancing is the closure of an existing loan in connection with the opening of a new one on more favorable terms for the borrower. Due to the Central Bank's reduction of the key rate and the increased level of non-payments by individuals, many banks are reducing the interest rate on consumer loans. First of all, large banks with state participation, such as VTB24 Bank. Russians began to actively pay off old loans at the expense of new, cheaper ones. According to OKB (United Credit Bureau), by 2018, more than 70 million borrowers in the Russian Federation had already done this.

VTB Bank's loan refinancing program minimizes the risk of late payments and offers more comfortable conditions for repaying loans previously opened with other banks.

Refinancing at VTB24 Bank allows you to:

Reduce the interest rate on the loan. Keep an eye on the market. A rate reduction of 2-3% reduces monthly payments by 15-20%!
Increase the loan repayment period. With a longer loan repayment period, the burden of current payments is lighter, because the amount of monthly payments is lower. A necessary necessity if your monthly income has decreased.
Reduce loan repayment period. With a shorter loan repayment period, you will pay the bank 1.5-2 or even 3 times less. This is relevant if your income has increased significantly and you are able to increase your monthly payments.
Accumulate several consumer loans into one. It’s more convenient, more visual, and easier to control the fulfillment of your debt obligations.

Use the online calculator in advance to estimate the refinancing amount and go to the nearest branch of VTB 24 Bank for additional information and to submit an application. Application review period is up to 3 working days.

The basic requirements for the borrower are standard: to be a resident of the Russian Federation, a good credit history, and a reliable source of income. Loans previously opened with VTB Group banks are not refinanced.

Interest rate. From 13.5%. Depends on the amount of the loan being refinanced.

Refinance amount. The maximum amount is not specified. Determined individually.

Loan repayment period. Up to 5 years.

Benefits of refinancing a loan at VTB 24 Bank

A softer interest rate will reduce your monthly payments.
You can accumulate up to 6 consumer loans into one and pay only once a month at a reduced rate. Convenient, visual, easier to control the fulfillment of your debt obligations.
No collateral, guarantors or commissions.

Refinancing at VTB 24 Bank will allow you to minimize the risks of existing loans from other financial organizations and improve the terms of loan repayment due to the changed family budget.

Loan refinancing is the procedure of paying off a loan with another loan. What refinancing program does VTB 24 bank offer? Review of conditions, requirements and features.

One of the largest Russian banks VTB 24 to its clients who took out a loan from another financial organization to refinance or refinance it on more acceptable terms. VTB 24 provides a loan to liquidate other loans. The program differs from a number of analogues in its individual work with any client and the simplicity of its conditions and requirements.

Program conditions

Refinancing a VTB 24 loan applies to the following types of loans:

mortgage;
consumer loan.

Mortgage loans negotiated by another bank fall under the program if a number of requirements are met: when changing foreign currency to domestic, when changing to a fixed combined or floating rate (in this case, the loan can be issued in domestic currency). In other cases, it is possible to solve the problem on an individual basis. You can ask for help when purchasing both secondary housing and square meters in a new building.

If individual conditions are selected for the client to restructure mortgage loans, then for refinancing consumer loans you can use three tariffs:

Requirements for the borrower and loan

To refinance a loan, it must meet the following requirements:

no arrears on existing debts for the last six months of repayment;
the remaining term of the loan is at least three months;
The loan is repaid in monthly payments;
the loan (consumer) must be issued in rubles.

It is very important to take into account the fact that VTB 24 Bank does not provide on-lending to loans from financial organizations that are part of the VTB Group. These include Leto Bank, Bank of Moscow and Transcreditbank. If a client has a loan from one of them, then there is no point in turning to VTB 24 for help.

Requirements for the borrower:

no criminal record;
age category – from 21 to 70 years;
positive credit history;
The level of regular income for residents of the Russian Federation is from 20 thousand rubles. For Moscow residents – from 30 thousand rubles;
official employment with at least one year of local work experience;
citizenship of the Russian Federation and permanent registration in one of the regions of the Russian Federation.

Documents for a refinancing application

The list of documents that will need to be provided is quite small and, under standard conditions, consists of three documents:

passport for identification and its photocopy;
certificate of income in the form of a bank from the place of work or certificate 2-NDFL. Documents must not be older than 30 days from the date of receipt;
a certificate of the full cost of the loan, as well as an agreement to receive it.

If the client needs an amount of more than 500 thousand rubles, he will additionally need to provide a copy of the work book or employment contract certified by the employer.

Loan refinancing algorithm

The client independently finds out the amount of debt, as well as the amount that has already been paid on the loan. Thus, the borrower must be fully aware of the information regarding the current loan.
After determining the refinancing rate and conditions, an application is filled out at one of the bank branches. The application can be submitted online on the website.
If the bank makes a positive decision on the application, the client provides a complete list of necessary documentation. An agreement is drawn up and signed by both parties.
It is important to take into account that at the time of signing the contract you may be offered an insurance service - you need to be prepared for this. The service is optional and you can refuse it.
The funds are not handed over to the client - they are immediately transferred to the debtor's bank. Repayment of debt to VTB 24 is carried out monthly in equal payments. Early repayment is possible. There are no grace periods or deferments.

Each step, both of the borrower and the bank, is covered by the conditions that are specified in the agreement. The main task of refinancing at VTB 24, as bank representatives say, is to create comfortable conditions for clients in the economic aspect of their lives.

Is it profitable to refinance at VTB 24 Bank?

What is the program for?

Reducing the loan rate. For example, a client took out a mortgage with Bank X for 15 years and the amount of 2 million rubles three years ago at 22% per annum. His monthly payment is 38,115 rubles. After three years, his debt will be 1,927,056.22 rubles. In just 15 years, his overpayment will be 4,860,721.61 rubles. VTB24 Bank offers on-lending at a rate of 18.5% per annum. If organization “X”, as well as in the agreement concluded with the client, does not stipulate that it is impossible to repay the loan early, when refinancing for 12 years at the proposed rate, your overpayment will be 2,882,268.03, that is, the benefit will be almost 2 million rubles. The benefit is obvious if the loan rate is higher than what VTB 24 offers.
Currency change. A very relevant opportunity, especially as the dollar and euro continue to grow against the ruble. Clients who take out loans in foreign currency always hope for their own benefit in view of the fact that they expect a decrease in the value of the currency.
Combine several loans into one loan.
Reducing the amount of regular payment. For example, a client has several loans, the balance of which is 1,135 thousand rubles with a monthly payment of 48 thousand rubles. If the payment is too high for you, you can use refinancing. Registration of the program for 4 years at a rate of 18.5%, the monthly payment amount will be 33,638 rubles. In total, the loan burden is reduced by almost 14.5 thousand monthly.
Increase or decrease the loan term. Necessary if the financial situation has worsened or improved. The amount of the monthly payment decreases or increases accordingly. Refinancing is one of the most popular banking products today. VTB 24 Bank offers its clients to take advantage of the program on favorable terms and without delay.