While being led by our ambition to support our clients in the present situation, as well as to provide them with stability, comfort and certainty, with effect from 29.05.2020 UBB has started to offer interest-free consumer loans for individuals under the Interest-Free Credit Guarantee Programme adopted to assist people deprived of the opportunity to work due to the COVID-19 pandemic, based on a concluded agreement with Bulgarian Development Bank (BDB).

This Programme aims at supporting individuals, impacted by the economic consequences from the COVID-19 pandemic, who are either employed or self-employed persons, meeting certain criteria indicated in the special section of the UBB website „Client Care”.

The interest-free loans are in the amount of up to BGN 4500 with repayment period of up to 5 years or 60 months, with an option to choose a grace period of minimum of 6 months and maximum of 24 months, after the expiry of which the loan repayment shall start. No fees or commissions shall be due in relation to the loan disbursement.

Applicants should neither use, nor should they have applied for using another loan under the Programme, unless this loan is in amount smaller than BGN 4500 and has been granted by UBB. Alongside using the loan, the applicants cannot benefit from another pandemic-related measure for individuals provided by the state.

You can apply for a loan under the Interest-Free Credit Guarantee Programme for individuals by 31.12.2020, inclusive. A loan agreement under the Programme can be concluded by 11.01.2021, as the deadline for drawdown of loan funds is 31.01.2021.　

In order to facilitate its clients as much as possible, UBB has provided a wide range of channels through which the clients can notify the Bank of their desire to receive a loan under the Programme. They can do this on the official UBB website, through UBB’s Client Contact Center on the specially created for this purpose line *6777, via e-mail at contact_center@ubb.bg, as well as at any branch of UBB.