Is it possible to pay off a loan in a savings bank ahead of schedule
When drawing up a loan agreement, many people have a question - is it possible to repay a loan ahead of schedule at Sberbank? In 2011, Russia passed a law allowing early repayment of debts on bank loans without additional fees and fines. This rule applies to all financial and credit organizations, incl. and Sberbank.
Features of early loan repayment
The loan agreement provides a separate section that describes the rules and procedures for this procedure. The law is applicable to all types of loan agreements, incl. it also applies to mortgage lending. In addition to shortening the payment terms, this will reduce the available interest.Early repayment procedure
The process of early repayment of the loan is carried out in several stages. There are two schemes - repayment of part of the debt or the entire amount of the debt. In the latter option, you should first request a detailed account statement in order to find out the exact amount of debt. If the account is not completely closed, then in a few years even a couple of rubles can grow to a tangible amount, and a long delay in payments will negatively affect your credit history. Therefore, it is important to control the entire process of early repayment of the loan until its completion.You can repay the loan ahead of schedule in any branch, regardless of the region. To do this, follow these steps:
- personally visit the nearest branch of Sberbank;
- receive a form and fill out an application for early repayment of a loan;
- indicate the exact date of the transfer in the application and make the payment on the appointed day;
- in the bank branch to receive a form on the successful closing of the account.
Payout Options
Sberbank currently offers various payment methods. You can visit the nearest bank office or make a transfer through an ATM, self-service terminal. However, it is easiest to repay the loan ahead of schedule online; for this, the Sberbank Online service must be activated.Is it possible to repay a loan at Sberbank ahead of schedule and not pay a commission? This can be done at a bank branch or remotely. If you pay through an ATM, then it is likely that a commission of 1% of the payment amount will be withheld. Here it is necessary to clarify that the bank takes commission only for money transfers, in itself, early repayment, according to the law, is not burdened with any additional commissions.
Early repayment via Sberbank Internet banking
If the Internet bank has not yet been activated, then you will need to first request a login from the Sberbank operator. After successful registration and authorization in, you can proceed to the procedure for early repayment of the loan.The algorithm of actions is as follows:
- in the menu go to the section "Payments and transfers";
- select "Payments on a Sberbank loan";
- fill out the form on the page and check the already filled data;
- select the account or card from which the payment will be made;
- via SMS and complete the operation.
Early repayment of a loan through Sberbank Online (photo-instruction)
Payment must be made on the same day that was specified in the preliminary application for early payment of the loan. Upon completion of the payment, a receipt will be saved in the Personal Account, which, if desired, can be printed. The algorithm described above is also applicable for payment at a self-service terminal or ATM. After the loan is fully repaid, you must not forget to visit the Sberbank branch to pick up the form and make sure that the existing debt is fully repaid and the bank has no claims.
