Car loans – Conditions, Preferential Car Loans, in 2019, 300,000 for 5 years, for Individuals, Female Car Loans
Suprabank offers its customers the possibility of obtaining a car loan. This is possible in all regions of the country where there are branches of the said bank.
Under the terms of the bank loan, it is possible to receive it under two main programs: basic and special. In this case, the scheme of granting a loan is selected in accordance with all the possibilities of the client and his needs. This makes it possible to avoid unpleasant situations for him.
Under the terms of the basic lending program, the client has the opportunity to get both a used and a new car on credit. Under the terms of the agreement, his age should not exceed five years for domestic and Chinese cars and ten years for European cars. The loan is granted for a period of three to five years. The amount of the down payment is not strictly regulated, but it must be at least 15% of the amount of the cost of the car.
A car bought on credit is insured and issued as collateral. The amount of the cost of insurance is included in the cost of the loan. A special loan program will be beneficial for those who wish to purchase a certain model of a foreign car. Depending on the term of the loan agreement, the bank provides discounts on models of specific manufacturers.
Ways of registration
To get a loan, the client should submit an application to the bank, filled out in accordance with the form proposed by the bank.
It is also necessary to make the first payment and provide the entire list of documents requested by the bank. The application is considered in the bank for two days. After that, the client is informed about the decision taken by the bank. The time for consideration of the application can be significantly reduced if its submitter has a Suprabank salary card.
After that, the client is invited to the bank branch to sign all the necessary documents on the case and close the transaction. You can also apply for a car loan on the official website of Suprabank. In this case, the client should provide maximum information about themselves.
After its consideration and decision in favor of the client, he should appear in the bank to complete the transaction and sign all the necessary documents on it.
Preferential car loans in Suprabank
On concessional lending from Suprabank, a significant reduction in interest payments is ensured. The bulk of the cars purchased under the preferential credit scheme are domestic cars.
Only recently, Suprabank began to issue loans for the purchase of foreign cars. The main prerequisite for such lending is a one-time payment of the first installment, which is 15% of the total amount of the cost of the car.
Concessional lending from Suprabank allows you to buy expensive cars, the acquisition of which was impossible for customers earlier. Want to find out what loans for small businesses from the state in 2019 are offered by large Russian banks? In our article , you will find the information you need.
If you want to learn how to get a loan for the development of a small business in Suprabank, then you just need to read the article .
Suprabank clients are presented with several types of car loans. Below are some of them.
Under the terms of the provision of a female auto loan, the work experience at the time of its receipt must be at least six months. There are no differences in the borrower’s age between men and women. A woman should also make a deposit of 15% of the cost of a car to receive it.
Car loan 300,000 for 5 years
The interest rate on a car loan of 300,000 for a period of five years is set at 16% per annum in rubles. The amount of the monthly payment is set depending on the term of the client’s agreement with the bank and its conditions. The possibility of early repayment of the loan is also negotiated in advance with a specific client when signing a loan agreement.
Under the terms of the Savings Bank on lending to individuals, any citizen of the country who has reached the age of majority can receive a car loan. He is obliged to have a positive credit history and must submit to the bank a confirmation of his own employment and the stability of his financial situation. Also, a bank customer must have a permanent residence permit in the region where the bank conducts its business.
Requirements for borrowers
Suprabank has the following requirements for borrowers to purchase a car loan:
- Obligatory confirmation of the fact that the borrower has Russian citizenship and its registration in the area where the bank branch is located.
- The age of the borrower must be between 21 and 75 years.
- Before the borrower reaches the extreme age, the loan should already be paid in full.
- The borrower’s work experience must be at least five years, of which at least six months at the last place of work.
- Be sure to provide the borrower of the income statement, as a document confirming the fact of its solvency.
- The borrower’s credit history should be spotless.
To obtain a car loan in Suprabank, the borrower must submit the following documents:
- A passport containing a note of registration at the borrower’s place of residence.
- Certificate of income from the last place of work.
- A document confirming the integrity of the borrower’s credit history.
- A photocopy of the pages of the borrower’s employment record.
How much to expect?
The amount of the loan amount is determined by the type of agreement between the client and the bank.
On average, the amount of loans for the purchase of a car in the Savings Bank range from 45,000 to 5,000,000 rubles .
The amounts of interest rates are set in agreement with the client individually in each case. Their value depends on the credit program chosen by the client. The average value of interest rates equals the range from 8 to 175 per annum in rubles.
Terms of car loans in Suprabank differ in each particular case of the loan. On average, loans are granted for a period of three months to five years.
The procedure for repayment of debt is determined by the accepted terms of the loan agreement between the client and the bank. The most common scheme is to make equal monthly payments in the amount specified in the loan agreement.
Individually, the possibility of repayment of debt, on the loan before the deadline. Want to know which banks provide car loans with government subsidies? Read our article . If you are interested in car loans without a down payment , we recommend that you follow the link and read the article.
And to learn more about loans to small businesses in Bankstatel, you can here .
Pros and cons
Car loans in Suprabank has its pros and cons.
The advantages of such a bank service include:
- The ability to quickly get the client to use his chosen car.
- Ease of application and the speed of its consideration by the bank.
- No need to attract guarantors for the deal.
- Clearly agreed loan interest rates.
- A wide range of debt repayment options, from making cash payments to transferring non-cash funds.
- The absence of high commissions on the transactions.
Cons car loans from Suprabank:
- The need to pay substantial sums of money in repayment of loan debt.
- A car borrowed is collateral for a loan and if it is impossible to repay a debt, the car will be lost by the client.
- Cars taken on credit are subject to compulsory insurance.
- In the event of a breakdown or loss of the car, the loan will have to be repaid in any case.