Golden age consumer loan

Advantages

Easy application procedure
Еspecially for clients, entitled to a personal pension

Currency	EUR
Tenor	Up to 7 years
Amount	Up to EUR 5 000*
Interest rate	7.30% variable interest rate

Example

APR 10.46 % for a loan of EUR 2,500 , a term of 60 months and a variable interest rate of 7.30% (RIR** + 6.64% fixed surcharge) is calculated for the entire period, calculated monthly fee for servicing a Privilege current account EUR 0.45 / BGN 0.88 and monthly premium for the required risk insurance "Life" EUR 2.80 / BGN 5.77, assuming that the borrower chooses to take out the insurance with an insurance company, a partner of the bank. When calculating the APR, it is assumed that the loan is disbursed immediately and in full, the interest and the specified costs are unchanged compared to their initial amount and will apply until the expiration of the specified term. The total amount due will be EUR 3,186.46 / BGN 6,232.17 with equal monthly installments EUR 49.86 / BGN 97.52 .

**The interest rate is calculated at UBB's RIR of 0.66%. RIR changes according to the Methodology available on the UBB website.

Parameters

Interest Rate	7.30% variable interest rate (RIR 0.66% + margin of 6.64 percent)
Minimum Tenor	6 months
Maximum Tenor	7 years
Minimum Amount	EUR 250
Maximum Amount	up to EUR 5 000 *Opportunity for a loan up to EUR 7 500. For loans over EUR 5 000, a pension income of over EUR 300 is required, as the age of the borrower as of the date of loan repayment does not exceed 70 years.
Collateral	No collateral,
Borrower's Age	Up to 75 years as of the date of full repayment of the loan, in case of a loan up to EUR 2 500 Up to 70 years as of the date of full repayment of the loan, in case of a loan up to EUR 5 000 Up to 70 years as of the date of full repayment of the loan, in case of a loan over EUR 5 000
Requirement for Personal Pension Entitlement as per the Social Security Code	Concerning insurance record and age
Repayment	Equal monthly annuity installments
Life Insurance	Conclusion of a Life Insurance policy is mandatory for the loan tenor at the expense of the Borrower, as the insurer may be chosen by the client, under conditions, determined by the Bank.