The occurrence of a problematic financial situation is typical for every person, without exception. In such cases, the only way out of this situation is to apply for a loan at BPS Bank, where loans for consumer needs are issued without confirmation of their intended use.
Every adult citizen of Belarus who meets certain lender requirements can receive urgent loans.
As for lending conditions, they are individual in relation to each client, which depends not only on the level of his material well-being, but also on the lending program.
"Classical"
Under this program, individuals will be able to receive a loan from BPS Bank only if they provide collateral in the form of real estate. The role of collateral for a loan can be a guarantee from a third party or the opening of a guarantee deposit in a given financial structure.
- annual interest rate:
- minimum level – 15.8%;
- the maximum mark is not indicated; it may be higher than indicated, which depends on various changes and innovations of the National Bank.
- term of use of borrowed funds:
- from 12 months (1 year);
- up to 60 months (5 years).
- amount of consumer loan at BPS Bank:
- 300 Belarusian rubles, at least;
- The maximum amount is not specified; it depends on the level of solvency of the borrower and the amount of monthly income.
“It’s time to act with Sberbank!”
Thanks to this tariff, both individuals and individual entrepreneurs have the opportunity to take out a consumer loan.
Moreover, a considerable amount of money can be obtained without a certificate of income and guarantors, the main thing is to take the lending process responsibly:
- interest rate:
- minimum rate – 15.8% per year;
- the maximum rate is not indicated on the bank’s website, but it is clarified that the mark may be higher than this.
- the period after which the loan must be repaid in full:
- 12 months, no less;
- 60 months, no more.
- amount of money owed:
- from 300 Belarusian rubles;
- up to 5 thousand Belarusian rubles without providing a certificate of income;
- up to 100 thousand Belarusian rubles with the provision of income certificates and other documents confirming the borrower’s solvency.
Applying for a loan
In order to get a loan from BPS, individuals will need to visit a branch of this financial structure and contact an employee of the department for working with individuals. During a conversation with a specialist, it will be necessary to voice the amount desired to receive, after which the most advantageous offer will be selected and presented to the client.
You can also apply for a loan online, for which you just need to visit the bank’s official website and submit an application for a monetary debt.
Requirements for individuals
The lending process cannot be imagined without the borrowers providing a certain package of documents. Also, in order to receive borrowed funds, every citizen, without exception, will have to meet a small list of requirements:
- client age:
- at least 18 years of age at the time of registration of the debt obligation;
- no more than 65 years at the time of full repayment of debt to BPS Bank.
- citizenship - the Republic of Belarus (loans are also issued to citizens of other countries, for which it is enough to have a residence permit, the remaining conditions for issuing a loan can be found out by contacting the branch of the financial institution directly);
- work experience – 3 months at the last (current) place of work, at least.
Required documents
The last thing that is required from the borrower is to provide the employee of the department for working with individuals with a certain package of documents that could confirm not only the identity of the borrower, but also the level of his solvency:
Individual entrepreneurs can provide a bank account statement or financial report for the last year - these papers will be sufficient to assess the financial situation of the individual entrepreneur. Pensioners will only need to request a certificate from a government agency about the amount of their monthly pension.
The banking organization BPS-Sberbank was formed in 2009, after Sberbank acquired the main stake in BPS-Bank. Today, the institution works with legal entities and individuals, providing them with a full range of banking services. Private clients can apply for a BPS Bank loan to purchase a home.
Mortgage lending from BPS-Sberbank
Citizens of the Republic of Belarus have the opportunity to take advantage of one of the loan products of the Belarusian branch of Sberbank. The banking institution provides its clients with both targeted and non-targeted loans. You can take out a loan to purchase a car, pay for education, or cover a previous loan. Of particular interest is the mortgage from BPS-Sberbank.
In total, the bank operates 6 mortgage programs. However, they can all be divided into three types:
- Standard mortgage “Housewarming with Sberbank”.
- Mortgage loans provided in cooperation with real estate developers.
- Mortgage using state subsidies (in accordance with the decree of the President of the Republic of Belarus number 240).
Programs vary in the amount of funds provided, interest rates and documentation requirements, so you should consider each program individually.
"Housewarming party with Sberbank"
“Housewarming with Sberbank” is the basic mortgage program of a financial institution. You can take out a loan to purchase real estate on the primary and secondary markets. It is also possible to provide funds for the construction of a separate house. In this case, real estate means not only housing, but also non-residential premises (garages, outbuildings, etc.), as well as land plots. You can receive funds without providing a purchase/sale agreement.
To use the program, the borrower will have to contribute some personal funds. The bank is ready to pay no more than 90 percent of the total cost of housing (accordingly, the minimum down payment is 10 percent). The specific loan size depends on the borrower’s solvency, his credit history, collateral and guarantors. The main parameters of the program are as follows:
- The minimum loan amount is at least 5 thousand Belarusian rubles.
- The maximum amount depends on specific circumstances and is:
- up to 90% of the price of real estate (no more than 150 thousand dollars), if there is a guarantee from two or more citizens;
- up to 90% - with the guarantee of one citizen, if the loan amount does not exceed 10,000 rubles;
- up to 80% – if the borrower has a deposit open in the bank (acts as collateral);
- up to 70% – if the collateral is property purchased by a client of a financial institution.
- Funds can be issued at a time or gradually, over 6-36 months (depending on the property being purchased).
- Interest rate – from 16.3% per annum.
The income of the borrower's family members may be taken into account when determining the allocated amount. The loan application is processed within 3 days. Repayment occurs by depositing funds every month (before the 20th day). The maximum loan term is no more than 20 years.
Programs provided in cooperation with developers
If a citizen has decided to purchase an apartment on the primary market and has not yet chosen a specific offer, he can take advantage of special lending conditions provided by BPS-Sberbank in cooperation with development companies. As of today, the bank has 4 such programs. The borrower can take advantage of one of the offers that the bank puts forward in cooperation with:
Housing loans from BPS-Sberbank are issued for 20 years. The speed of application consideration and the loan repayment process do not differ from the “Housewarming from Sberbank” program. Financial institution clients pay a reduced interest rate using the programs described above. However, these types of mortgages have a significant drawback.
A reduced interest rate reduces the financial burden on the borrower and his family, but the latter can use loan funds to pay for housing only in specific buildings. This in some way limits freedom of choice.
Mortgage with government support
On July 4, 2017, the President of the Republic of Belarus signed decree number 240. It provides for the provision of state support to citizens who want to improve their living conditions by purchasing new housing with the help of loans. BPS-Sberbank also takes part in this program.
A mortgage program using government subsidies allows citizens to purchase housing on the primary or secondary market or reconstruct existing real estate. You cannot use a mortgage to purchase land or construct non-residential premises.
A special feature of the program is that there is no need to make a down payment. The financial institution pays 100% of the cost of the property. The loan term is 20 years. Part of the interest rate (14% per annum) is repaid through government subsidies, which reduces the financial burden on the borrower’s budget.
Requirements for the borrower and documents provided
Borrowed funds are issued to citizens of the Republic of Belarus. A person who is not a resident of this state can take advantage of the mortgage program only if he has a residence permit in the Republic of Belarus. To receive funds, the borrower must be of legal age. At the time of repayment of the mortgage, the client’s age must not exceed 75 years.
A prerequisite is that the borrower is employed. Work experience at the last job must exceed 6 months. To receive funds, you must provide the following documentation:
- Application for a loan.
- Personal passport (for persons who are not citizens of the Republic of Belarus - residence permit).
- Military ID. If the borrower does not have this document, it is necessary to provide paper indicating the existence of a deferment.
- Registration certificate.
- Consent to provide information from the NBRB/Ministry of Internal Affairs/NB (a sample document can be downloaded on the official website of the financial institution).
- Certificate of income for the last 6 months.
- Security documents.
Citizens wishing to take advantage of a state subsidy must additionally provide an extract or a copy of the decision of the state body on the assignment of state support. It should be noted that in this case you can submit a certificate of income not for 6, but for 3 months.
Thus, an adult employed citizen of the Republic of Belarus can take out a loan to purchase housing from the financial institution BPS-Sberbank. Persons with a residence permit can also use the bank's services. The institution operates 6 mortgage programs. Lending services are provided with government subsidies. A decision on a potential borrower’s application is made within 3 days.
The company OJSC "BPS Sberbank" acts as the largest and most widespread organization in the Republic of Belarus. Its history goes back to the distant times of the USSR. In general, it all started in 1923, when this institution acted as an industrial construction structure. And when reforms took place in the banking sector in 1987, the Industrial and Construction Bank of the USSR was formed on its basis. In 1991, the joint-stock commercial institution of the Belarusian Industrial Construction Bank was established.
In 2009, a large strategic investor was attracted to the company. Since then, the management of the Savings Bank of Russia, together with the Belarusian government, decided on an agreement related to the purchase of shares by Sberbank in the amount of 93.27%. An investment agreement was also concluded on the long-term development of this organization in Belarus. In 2011 it was renamed to its existing name.
Today the organization boasts an extensive branch network. In addition to the central office, it includes as many as 6 regional-level directorates, as well as 59 additional offices. The bank has its own representative office in Warsaw. Historically, the picture has developed that the organization’s clients are government institutions, as well as companies operating in basic economic sectors. The bank is universal and is actively developing retail services and business programs.
In this article we are interested in loans from BPS Bank for consumer needs.
Mortgage
Lending to the population for the purpose of purchasing housing is one of the most widespread programs of this organization. Several areas can be distinguished, each of them includes special conditions.
Housewarming party with Sberbank
This loan is issued for the purchase of finished housing or for construction from scratch. In order to qualify for borrowed funds, the borrower must be in the age range of 18-75 years. Documents you will need to provide:
- application form;
- passport;
- documents confirming receipt of income;
- securities related to securing loan obligations.
Loan rates range from 16.3 to 16.8%, depending on the conditions, which can be found on the website.
Construction and reconstruction of housing with subsidies
This program allows you to build a home (single-family individual house or apartment) or improve its appearance. The minimum amount is 5,000 Belarusian rubles, and the maximum amount should not exceed the maximum price of a residential building, which is determined based on the decision of the executive committee. The term of the loan is 20 years, and the borrower will require a guarantee in the form of collateral and surety.
Real estate financing "Novoselye" with Sberbank and SKIF
Persons aged 18-75 years can count on receiving a loan. If we are talking about the working-age part of the population, it is important that the borrower has worked in the last place for 6 months and has a stable income. The set of documents is determined individually for each borrower, although in general it is considered universal.
BPS Bank loans to individuals for the purchase of housing are varied.
Loan for any purpose
"It's time to act"
Under this program, the consumer can count on receiving loan funds in the amount of up to 100,000 Belarusian rubles. Since the program assumes any goals, the borrower is not required to report to the bank on the areas of expenses. In addition, if the borrower does not want to bring a certificate of income or is unable to do so, he can count on receiving an amount of up to 3,000 rubles. The rate is from 16.3%, and the term is up to 5 years.
"Classical"
A potential bank client can submit an online application for a consumer loan called “Classic”. The rate is 16.3%, and the term is 1-5 years. You will have to bring the following set of documents to the bank:
- application in the form of a questionnaire;
- a document proving your identity;
- military ID;
- reference materials from the place of work about stable income and length of service.
The borrower's age must be between 18-65 years. You must work at least 6 months at your last job.
Car loan
Car loan programs at this financial institution are particularly popular. The financial institution has a Main Road program, under which a loan is provided for the purchase of:
- new vehicles;
- used cars (the key requirement is that the age must be no more than 10 years at the time of conclusion of the agreement).
A loan application at a bank can be considered even if the client does not bring a purchase and sale agreement. You can take out a loan from BPS Bank to purchase your own car in an amount equal to 100% of the cost of the vehicle. The price is determined depending on which method of fulfilling obligations is chosen. % rate - from 16.3, and term - up to 7 years.
Credit card
Plastic cards, to which borrowers' credit accounts are linked, have recently been gaining momentum in popularity, and BPS, following the example of the West, has developed unique and profitable programs.
Real credit card
This card can be used for anything. Do you want to go on a trip or go shopping? Or maybe make a useful and pleasant purchase? Then this opportunity is for you! This credit card has many significant advantages:
- convenient repayment period for credit resources – 36-60 months;
- Possibility of obtaining a loan up to RUB 3,000. without the need for certificates;
- promptness of consideration of the application;
- minimum set of papers;
- favorable rate.
A real credit card with a grace period
This time period refers to the interval within which it is possible to use loan funds at a rate of 1%. It is 50 days. The credit card, like the previous product, has convenient repayment options, including a term of up to 5 years. The application is processed quickly, and to receive the required amount you will only need to provide a minimum package of documents.
Overdraft on a credit card
Once you apply for an overdraft, you will have constant access to financial resources. Moreover, the loyalty program offers customers a lot of opportunities:
- convenient repayment period – up to 12 months;
- limited scope of consideration;
- provision of a small package of papers;
- rational interest rates;
- selection of cards of any categories and payment systems.
As you can see, BPS Sberbank offers loans for consumer needs in large quantities.
Loan for refinancing
If you have accumulated debts in other financial institutions, you can easily pay them off using one of the refinancing programs.
"Housewarming"
When refinancing a mortgage, the bank issues a loan from 5,000 rubles, and the maximum amount depends on the creditworthiness of the applicant. But it should be no more than the balance of the principal debt. Duration – up to 20 years.
"It's time to act"
If you need to combine several loans into one and make the payment schedule more rational, then this opportunity is what you need. The maximum amount is based on the applicant's creditworthiness and includes the remaining principal balance and an additional amount (if desired and necessary). Amount – from 300 rubles, rate – 16.3%, term – up to 7 years.
Education loan
Another common type of loans offered by this organization for individuals is an education loan.
"Learning together"
This is a consumer loan that allows you to get an interesting education, laying the foundation for the future today. The company offers the most attractive terms for such lending:
- the amount is the full cost of training;
- rate – 16.3%;
- term – study time + 5 years, but the total period cannot exceed 11 years.
To download the certificate, you need to select the “Required Documents” section in the tab of the loan you are interested in
Select document and download
The number of loans and programs offered by Sberbank to its clients is considerable. Downloading a salary certificate for a BPS bank loan will not be difficult for you.
BPS Bank is the largest bank in the Republic of Belarus. Since 2009, it has been part of the joint stock company Sberbank of Russia.
Consumer loans from BPS-Sberbank
The bank offers a selection of consumer loans (currency is indicated in Belarusian rubles):
Classical– for any purpose, from 15.8% per annum, from 300 rubles. From one to 5 years. The maximum amount is calculated based on the borrower's solvency. A certificate of income is not required (except for individual entrepreneurs). The rate depends on the loan size. The application review period is up to 10 days.
It's time to act with Sberbank– for any purpose, 300-100,000 rubles, from one to 5 years. For loans up to 5,000 rubles, an income certificate is not required. The review period is no more than 2 days.
Let's learn together - loan to pay for tuition, 15.8% per annum, 300 - 50,000 rubles (the amount issued cannot be higher than the cost of training). The maximum period is no more than 11 years. You can pay for your own education, as well as the education of your relatives. Suitable for basic and additional education. It is mandatory to provide documents confirming training and completion of training. The loan is issued against a guarantee (over 10,000 rubles, 2 guarantors are required). Application review time is 2 days.
You can also issue credit cards:
- FUN card with installments up to 1 year in partner stores, with cashback up to 1% and VISA KLASSIK to pay for goods and services
- A real credit card - up to 5,000 - 10,000 rubles for a period of up to 60 months. The minimum rate is 15.8%.
You can apply for a loan on the BPS website. It is necessary to select the type and purpose of the loan, confirm age, registration, availability of permanent income and absence of overdue loans.
After submitting your application, you must wait for a response from the bank manager. You can apply for a loan at any bank branch. The processing time depends on the amount and terms of the loan. See also.
