Credit for pensioners in Sberbank

Today, not every financial institution is ready to issue a loan to citizens of retirement age, but Sberbank always offers benefits and privileges to certain social groups. Consider the conditions for granting a loan at Sberbank for pensioners.

Since the main loan projects of the institution have age restrictions, it is worth studying the requirements and opportunities that Sberbank offers for loans to pensioners.

Usually, a loan is not offered to persons who will be over 65 years old by the time the loan agreement expires. The exception is if the client has a guarantor, which can be a relative or acquaintance, as well as real estate that he is ready to pledge as collateral.

Without collateral

Unsecured customers can count on the following loan options:

1. Size: from 30 thousand. rubles (from 45 thousand rubles for those living in Moscow).
2. Limit: up to 3.0 million rubles.
3. Currency: national.
4. Additional payment or commission: none.
5. Repayment period: from 3 months (up to 5 years).

If a retired client has a temporary registration, the period of validity of the contract cannot exceed its limiting date of validity. In any case, there is no need to specify the reason for the loan. The rate is set on an individual basis. Many parameters are taken into account, the priority of which is the total income and term. A distinctive feature for pensioners who receive accruals through the bank is the ability to use reduced rates. Interest on loans to pensioners at Sberbank (conditions for 2019):

• With a loan up to 250 thousand rubles: 12.9-19.9%.
• from 250 to 500 thousand rubles: 14.5-15.5%.

It should be noted that the rate is reduced by 1 point when applying through the online service.

Enhanced Programs

If the pensioner is over 65 years old, the lender suggests using a different option. The program is intended for persons under 75. A distinctive feature is the requirement for guarantors. It is important to select a person with a high income for this role, as it is their indicators that are taken into account when considering the application.

The benefits of a collateralized program include:

• Loan amount: up to 5 million rubles.
• Number of guarantors: up to 2.
• Rate: from 12.9% (for borrowers receiving a pension or salary from a bank).

Peculiarities of pension lending

Distinctive features and privileges of this loan offer are:

1. Loan amount: from 500 thousand rubles.
2. Limit: up to 10 million rubles or up to 60% of the value of the collateral (according to the expert's report).
3. Deadline for debt repayment: up to 20 years (or until the temporary registration expires).
4. Rate: 12.0%.
5. Interest surcharges: 1% is added if the client does not have a life insurance policy and 1% if the pensioner has not issued a pension at this banking institution.

Since such requirements are not always interesting for pensioners, it is worth choosing the option with a pledge only if you need to borrow a significant amount or if it is not possible to confirm the required level of income.

Using an online calculator to select options

For each of the proposed options, you can pre-calculate the contract criteria: rate, amount according to the level of income, the total amount of overpayments on the loan, etc. It will help to calculate the optimal conditions for a loan to pensioners at Sberbank,.

It can be found in the description of each type of loan. The client will need to fill in the fields of the calculator:

1. Required loan amount.
2. Best time to pay off debt.
3. Preferential category (receipt of a pension in a given credit institution).
4. Date of birth and gender of the client.
5. Basic level of income.
6. Other profits of the client.
7. If there are co-borrowers: description, income level.

The calculator will give you the answer. If the client's criteria do not correspond to his wishes, he will issue his proposal according to the parameters entered.

Loan processing procedure

To take a loan from Sberbank to a pensioner, whose parameters he independently determined for himself using a calculator, it is worth visiting the branch to fill out an application. It is compiled on the basis of available documents and the client's wishes regarding the loan criteria.

Required documents

When applying, you need to submit the main documents:

1. The passport.
2. Social security policy or pensioner's ID.
3. Employment history. You can also provide a certificate of a different type, in which the experience for the last six months and five years (if any) will be noted.
4. Help personal income tax-2.
5. The document on the size of the pension.
6. Confirmation of the presence and amount of additional charges.

If the client uses the help of guarantors, copies of their passports and documents on the level of solvency and employment are required. When using a pledge, agreements on it or other documents confirming the right of ownership are required. But they can be transferred after receiving a positive response from the creditor (within 60 days).

Bank employees evaluate the performance of the client and his wishes. The review takes up to 2 days. If a pensioner is a bank client as part of the calculation of regular payments, he can get the result on the spot. After that, he is offered to conclude an agreement.

Debt repayment procedure

The client should study not only the conditions for obtaining a loan for pensioners at Sberbank, but also the basic principles of payments:

1. You can get money within a month after the loan is approved.
2. The money is received once in full to the existing account or to the client's card opened in a banking organization.
3. Repayment method: regular equal installments.
4. Late fee: 20%.
5. Possibility to pay the rest of the debt of any size ahead of schedule. Occurs only on a pre-arranged application. Be sure to specify a specific date (working day) and the amount to be paid. You should first check the balance in the branch.

• Enter into the operating cash desk of any branch.
• Deposit cash through an ATM.
• Pay with your card through an ATM, Internet, Mobile Bank.