Unsecured consumer loans are a good opportunity to receive a small amount for a relatively short period of time. The simplified procedure for obtaining them naturally affects the final cost of such loans: they are extremely unprofitable. But you can always find offers with acceptable parameters.
Uralsib Bank offers its clients a wide range of consumer loans. There are two unsecured loans in the bank's product line: "3 documents" and "4 documents".
In order to receive a loan under both programs, it is necessary to confirm the solvency with official certificates. Additionally, under the "4 documents" program, you must provide documents confirming the ownership. But the interest rate on it is also slightly lower.
Loan terms and conditions
The loan is provided according to the "Standard" tariff plan. The term of the loan will be from 1 to 5 years. The loan is issued in rubles, dollars or euros. Under the program, you can receive a minimum of 50,000 rubles, and a maximum of 750,000 rubles.
The amount of the interest rate depends on the chosen loan program:
if the loan is received under the "3 documents" program, the rate is 24.5% per annum in rubles and 20.5% per annum in dollars and euros.;
if the loan is received under the "4 documents" program, the rate is 22.5% per annum for a loan in rubles and 18.5% per annum for a loan in foreign currency.
If the borrower does not meet the bank's requirements or there are any deviations from the standard conditions, the rate will increase by 1% per annum. The interest on the loan varies depending on the chosen insurance program. If the borrower refuses life and health insurance for the entire loan term, the rate will be increased by 3 percentage points.
You can reduce the overpayment by 1 percent by applying for registration in the pension fund information exchange system. The application form can be obtained at the bank branch when filling out the application.
The loan is issued without collateral, guarantors or collateral are not provided by the terms. You need to pay it off monthly with annuity payments. The schedule is issued after the conclusion of the contract.
Requirements for the borrower:
Russian citizenship;
registration in the region where the bank's office is located;
age from 23 to 60 years;
work experience in the last place of at least 3 months; doing business for more than 1 year.
Required documents
For loans under both programs, you must provide:
passport:
application form;
a copy of the employment record;
income statement 2-personal income tax (allows income confirmation with a certificate in the form of a bank or a certificate modeled on the employer organization);
for men under the age of 24, it is mandatory to present a document confirming military service or a postponement or exemption from it.
Additionally, persons receiving a loan under the 4 Documents program must bring documents for the property they own. This is either a certificate of registration of a vehicle (only a foreign car under the age of 5), or a certificate of ownership of real estate.
Resume
Borrowers who are willing to lend without collateral are well aware that the bank thoroughly calculates the risks and compensates for them with a high interest rate. Compared to its competitors, Uralsib offers relatively low interest rates. In addition, unlike many others, I am ready to provide a loan in foreign currency. As for compulsory insurance, which always "spoils" the impression of consumer loans, there is an opportunity to abandon it – at the cost of increasing the rate by 3 percentage points.
Advantages:
relatively low interest rates;
minimum of documents;
minimum requirements for the borrower.
Disadvantages:
the insurance premium is included in the loan amount, which increases its cost;
mandatory registration in the lending region. The best place to restart after self-exclusion is new UK casinos not on Gamstop with modern designs and big rewards.
