BPS Bank loans for consumer needs. Loans for consumer needs at BPS Bank

The banking organization BPS-Sberbank was formed in 2009, after Sberbank acquired the main stake in BPS-Bank. Today, the institution works with legal entities and individuals, providing them with a full range of banking services. Private clients can apply for a BPS Bank loan to purchase a home.

Mortgage lending from BPS-Sberbank

Citizens of the Republic of Belarus have the opportunity to take advantage of one of the loan products of the Belarusian branch of Sberbank. The banking institution provides its clients with both targeted and non-targeted loans. You can take out a loan to purchase a car, pay for education, or cover a previous loan. Of particular interest is the mortgage from BPS-Sberbank.

In total, the bank operates 6 mortgage programs. However, they can all be divided into three types:

1. Standard mortgage “Housewarming with Sberbank”.
2. Mortgage loans provided in cooperation with real estate developers.
3. Mortgage using state subsidies (in accordance with the decree of the President of the Republic of Belarus number 240).

Programs vary in the amount of funds provided, interest rates and documentation requirements, so you should consider each program individually.

"Housewarming party with Sberbank"

“Housewarming with Sberbank” is the basic mortgage program of a financial institution. You can take out a loan to purchase real estate on the primary and secondary markets. It is also possible to provide funds for the construction of a separate house. In this case, real estate means not only housing, but also non-residential premises (garages, outbuildings, etc.), as well as land plots. You can receive funds without providing a purchase/sale agreement.

To use the program, the borrower will have to contribute some personal funds. The bank is ready to pay no more than 90 percent of the total cost of housing (accordingly, the minimum down payment is 10 percent). The specific loan size depends on the borrower’s solvency, his credit history, collateral and guarantors. The main parameters of the program are as follows:

1. The minimum loan amount is at least 5 thousand Belarusian rubles.
2. The maximum amount depends on specific circumstances and is:
   • up to 90% of the price of real estate (no more than 150 thousand dollars), if there is a guarantee from two or more citizens;
   • up to 90% - with the guarantee of one citizen, if the loan amount does not exceed 10,000 rubles;
   • up to 80% – if the borrower has a deposit open in the bank (acts as collateral);
   • up to 70% – if the collateral is property purchased by a client of a financial institution.
3. Funds can be issued at a time or gradually, over 6-36 months (depending on the property being purchased).
4. Interest rate – from 16.3% per annum.

The income of the borrower's family members may be taken into account when determining the allocated amount. The loan application is processed within 3 days. Repayment occurs by depositing funds every month (before the 20th day). The maximum loan term is no more than 20 years.

Programs provided in cooperation with developers

If a citizen has decided to purchase an apartment on the primary market and has not yet chosen a specific offer, he can take advantage of special lending conditions provided by BPS-Sberbank in cooperation with development companies. As of today, the bank has 4 such programs. The borrower can take advantage of one of the offers that the bank puts forward in cooperation with:

Housing loans from BPS-Sberbank are issued for 20 years. The speed of application consideration and the loan repayment process do not differ from the “Housewarming from Sberbank” program. Financial institution clients pay a reduced interest rate using the programs described above. However, these types of mortgages have a significant drawback.

A reduced interest rate reduces the financial burden on the borrower and his family, but the latter can use loan funds to pay for housing only in specific buildings. This in some way limits freedom of choice.

Mortgage with government support

On July 4, 2017, the President of the Republic of Belarus signed decree number 240. It provides for the provision of state support to citizens who want to improve their living conditions by purchasing new housing with the help of loans. BPS-Sberbank also takes part in this program.

A mortgage program using government subsidies allows citizens to purchase housing on the primary or secondary market or reconstruct existing real estate. You cannot use a mortgage to purchase land or construct non-residential premises.

A special feature of the program is that there is no need to make a down payment. The financial institution pays 100% of the cost of the property. The loan term is 20 years. Part of the interest rate (14% per annum) is repaid through government subsidies, which reduces the financial burden on the borrower’s budget.

Requirements for the borrower and documents provided

Borrowed funds are issued to citizens of the Republic of Belarus. A person who is not a resident of this state can take advantage of the mortgage program only if he has a residence permit in the Republic of Belarus. To receive funds, the borrower must be of legal age. At the time of repayment of the mortgage, the client’s age must not exceed 75 years.

A prerequisite is that the borrower is employed. Work experience at the last job must exceed 6 months. To receive funds you must provide the following documentation:

1. Application for a loan.
2. Personal passport (for persons who are not citizens of the Republic of Belarus - residence permit).
3. Military ID. If the borrower does not have this document, it is necessary to provide paper indicating the existence of a deferment.
4. Registration certificate.
5. Consent to provide information from the NBRB/Ministry of Internal Affairs/NB (a sample document can be downloaded on the official website of the financial institution).
6. Certificate of income for the last 6 months.
7. Security documents.

Citizens wishing to take advantage of a state subsidy must additionally provide an extract or a copy of the decision of the state body on the assignment of state support. It should be noted that in this case you can submit a certificate of income not for 6, but for 3 months.

Thus, an adult employed citizen of the Republic of Belarus can take out a loan to purchase housing from the financial institution BPS-Sberbank. Persons with a residence permit can also use the bank's services. The institution operates 6 mortgage programs. Lending services are provided with government subsidies. A decision on a potential borrower’s application is made within 3 days.

BPS Bank is the largest bank in the Republic of Belarus. Since 2009 it has been part of the joint stock company Sberbank of Russia.

Consumer loans from BPS-Sberbank

The bank offers a selection of consumer loans (currency is indicated in Belarusian rubles):

Classical– for any purpose, from 15.8% per annum, from 300 rubles. From one to 5 years. The maximum amount is calculated based on the borrower's solvency. A certificate of income is not required (except for individual entrepreneurs). The rate depends on the loan size. The application review period is up to 10 days.

It's time to act with Sberbank– for any purpose, 300-100,000 rubles, from one to 5 years. For loans up to 5,000 rubles, an income certificate is not required. The review period is no more than 2 days.

Let's learn together - loan to pay for tuition, 15.8% per annum, 300 - 50,000 rubles (the amount issued cannot be higher than the cost of training). The maximum period is no more than 11 years. You can pay for your own education, as well as the education of your relatives. Suitable for basic and additional education. It is mandatory to provide documents confirming training and completion of training. The loan is issued against a guarantee (over 10,000 rubles, 2 guarantors are required). Application review time is 2 days.

You can also issue credit cards:

• FUN card with installments up to 1 year in partner stores, with cashback up to 1% and VISA KLASSIK to pay for goods and services
• A real credit card - up to 5,000 - 10,000 rubles for a period of up to 60 months. The minimum rate is 15.8%.

You can apply for a loan on the BPS website. It is necessary to select the type and purpose of the loan, confirm age, registration, availability of permanent income and absence of overdue loans.

After submitting your application, you must wait for a response from the bank manager. You can apply for a loan at any bank branch. The processing time depends on the amount and terms of the loan. See also.

The occurrence of a problematic financial situation is typical for every person, without exception. In such cases, the only way out of this situation is to apply for a loan at BPS Bank, where loans for consumer needs are issued without confirmation of their intended use.

Every adult citizen of Belarus who meets certain lender requirements can receive urgent loans.

As for lending conditions, they are individual in relation to each client, which depends not only on the level of his material well-being, but also on the lending program.

"Classical"

Under this program, individuals will be able to receive a loan from BPS Bank only if they provide collateral in the form of real estate. The role of collateral for a loan can be a guarantee from a third party or the opening of a guarantee deposit in a given financial structure.

• annual interest rate:
  • minimum level – 15.8%;
  • the maximum mark is not indicated; it may be higher than indicated, which depends on various changes and innovations of the National Bank.
• term of use of borrowed funds:
  • from 12 months (1 year);
  • up to 60 months (5 years).
• amount of consumer loan at BPS Bank:
  • 300 Belarusian rubles, at least;
  • The maximum amount is not specified; it depends on the level of solvency of the borrower and the amount of monthly income.

“It’s time to act with Sberbank!”

Thanks to this tariff, both individuals and individual entrepreneurs have the opportunity to take out a consumer loan.

Moreover, a considerable amount of money can be obtained without a certificate of income and guarantors, the main thing is to take the lending process responsibly:

• interest rate:
  • minimum rate – 15.8% per year;
  • the maximum rate is not indicated on the bank’s website, but it is clarified that the mark may be higher than this.
• the period after which the loan must be repaid in full:
  • 12 months, no less;
  • 60 months, no more.
• amount of money owed:
  • from 300 Belarusian rubles;
  • up to 5 thousand Belarusian rubles without providing a certificate of income;
  • up to 100 thousand Belarusian rubles with the provision of income certificates and other documents confirming the borrower’s solvency.

Applying for a loan

In order to get a loan from BPS, individuals will need to visit a branch of this financial structure and contact an employee of the department for working with individuals. During a conversation with a specialist, it will be necessary to voice the amount desired to receive, after which the most advantageous offer will be selected and presented to the client.

You can also apply for a loan online, for which you just need to visit the bank’s official website and submit an application for a monetary debt.

Requirements for individuals

The lending process cannot be imagined without the borrowers providing a certain package of documents. Also, in order to receive borrowed funds, every citizen, without exception, will have to meet a small list of requirements:

• client age:
  • at least 18 years of age at the time of registration of the debt obligation;
  • no more than 65 years at the time of full repayment of debt to BPS Bank.
• citizenship - the Republic of Belarus (loans are also issued to citizens of other countries, for which it is enough to have a residence permit, the remaining conditions for issuing a loan can be found out by contacting the branch of the financial institution directly);
• work experience – 3 months at the last (current) place of work, at least.

Required documents

The last thing that is required from the borrower is to provide the employee of the department for working with individuals with a certain package of documents that could confirm not only the identity of the borrower, but also the level of his solvency:

Individual entrepreneurs can provide a bank account statement or financial report for the last year - these papers will be sufficient to assess the financial situation of the individual entrepreneur. Pensioners will only need to request a certificate from a government agency about the amount of their monthly pension.

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Today, taking a loan from BPS Bank means helping yourself to realize your dreams on favorable and reliable terms. Types of loans: refinancing, car, consumer, overdraft, housing. Such diversity arouses undoubted interest and desire to cooperate with us among borrowers. Each of the above loans has its own rules, offers and provides certain opportunities.

There are no major differences in obtaining a loan from BPS Bank compared to others. There are a huge number of banks that allow you to take out a loan in St. Petersburg. Consequently, when comparing them, experts give preference to BPS Bank in terms of supply and demand. It has high performance among all Russian banks. In short, it is constant demand that brings out competition, forcing banks in St. Petersburg to make the process of obtaining a loan simple and at reduced interest rates. The main advantage of BPS is the ability to provide credit to basically all segments of the population, which is undoubtedly appreciated by clients who need to borrow money.

Today's reality has forced BPS banks to abandon the compulsion to indicate the intended use of a consumer loan, that is, clients are no longer required to submit a report to the bank on the amounts spent. Although the bank is famous for its unforgiving demands, take a loan from BPS Bank recently proposed without security or guarantee from individuals. According to the latest developed loan program, the interest rate is reduced by 2% per year, and the maximum loan amount has been increased; this step is incredibly beneficial for clients making a large purchase, long trip, or higher education. A special offer for clients whose dream is to obtain a diploma from a higher institution in Russia - Educational loan. A loan of this type makes it possible to receive up to 90% of the funds from the deposited amount during the entire study at the lowest possible interest rate.

BPS Bank perfectly understands the desires of its clients and knows that first of all the borrower looks at the interest rate at which the loan is given. And this is the main guideline when choosing a lending program. However, you should understand the conditions more deeply: in some part of the BPS banks, various types of commissions for obtaining a loan are prescribed, such as opening an account by the client, servicing under a credit program and others. The interest rate on consumer loans in the BPS varies between 15 - 25%. The positive side is the benefit of obtaining a consumer loan according to developed programs for borrowers who receive official salaries on our cards. In this option, the loan will be processed in the shortest possible time and the low interest rate will pleasantly surprise you. By the way, a client who provides a guarantor to the bank can receive a low interest rate. It is more likely to get a loan if you are married to a guarantor, or if they are your parents or close relatives.

Clients also need to consider the loan repayment terms provided depending on its amount. If the borrower needs the amount for quite a long time, it is best to provide the BPS bank with collateral. It will be more difficult for the borrower to determine the timing of repayment. The majority of BPS banks issue loans from three months to five years, sometimes it is possible to receive an amount for up to seven years. The longer the loan period, the greater the number of significant documents required to be provided to the borrower.

In any case, in order to take out a loan from BPS Bank, everyone should take into account their individual requirements, desires and compare them with their capabilities.