Deposit Secured loan
Terms of loan for any purpose secured by a deposit from PRAVEX BANK:
- The minimum loan amount is UAH 50,000
- The maximum loan amount is up to UAH 1.5 million
- The minimum loan term is 36 months.
- The maximum loan term is 5 years
- One-time commission - 1,99%
- Deposit-the deposit in UAH/USD/EUR (in the amount 10% bigger than the loan amount)
- loan interest rate – depends on the rate under the deposit.
the real annual rate from 16%. The actual value of the real annual interest rate on the loan will depend on the individual conditions of lending (deposit rate,term, currency).
Currency | UAH | USD/EUR |
The interest rate | Deposit interest rate + 5% fixed | the Deposit Rate in local currency + 6% fixed |
Offer for B&W clients | Deposit interest rate + 4% fixed | the Deposit Rate in local currency + 5% fixed |
One-time commission for provision of the loan | 0% | 0% |
Life insurance of the borrower (one-time) | 1,99% | 1,99% |
Repayment schedule | standard/annuity* | standard/annuity* |
* if the loan is issued for 1 year period, it is possible to choose the repayment schedule of the loan at the end of the loan term.
