Credits

Cash loan on collateral

Repair, purchase of furniture, household appliances and computer is not a problem already! To see the world or get higher education is not a dream anymore! PRAVEX-BANK issues loans for any purpose of yours and helps to bring all your dreams to life!

Conditions:

1. Loan currency - hryvnia;
2. Interest rate
   • under collateral of flat from 20% to 24% (depending on risk group assigned at the moment of loan issue)*;

     Risk Group	Loan period (up to 3 years)
     A	20%
     B	20%
     C	20%
     D	23%
     E	24%

   • deposit interest rate +3,5% spread (under collateral of deposit);
3. Loan period - up to 3 years;
4. Fees  - none;
5. Minimum loan amount - not less than UAH 10 000.
6. Maximum loan amount - not more than UAH 100 000;
7. Collateral object - flat or deposit, drawn up in PRAVEX-BANK;
8. Method of loan repayment - standard and annuity schedule of loan repayment;
9. Loan purpose - for consumer purposes.
10. In case if collateral is a flat, annual insurance is the obligatory condition;
11. Loan is not issued for:
• Loans refinancing in other banks;
• Downpayment under other loans;
• Medical services payment (except for stomatological services);
• Business development;
• Animals purchase/husbandry;
• Agricultural activity;
• Purchase of goods of light industry and product industry (clothes; shoes; foodstuff, etc.)
• Tax payment;
• Utilities payment.

Basic requirements to client:

1. Loan is issued to citizens of Ukraine which constantly live at its territory;
2. Actual residence address is to correspond to the address which is indicated in the registration;

Required documents:

1. Passport of the citizen of Ukraine;
2. ID certificate;
3. Certificate from workplace with indication of position and received income for the last 6 months with breakdown per months.
4. Documents which affirm marital status (marriage certificate/ bill of divorce, death certificate of a spouse).
5. Report from estimation entity as regards the real estate object value (if loan is issued under collateral of real estate).
6. Copy of banking deposit agreement (if loan is issued under collateral of deposit).
7. Certificate from the bank with indication of indebtedness amount under the loan and indication of the loan repayment procedure (only if the borrower (his/her spouse) has current loan in another bank).

If the client is married:

1. Spouse's passport of the citizen of Ukraine
2. Spouse's and client's ID certificates.
3. Spouse's and client's Certificate from workplace with indication of position and received income for the last 6 months with breakdown per months (if the spouse is the guarantor under the loan).
4. Marriage contract (if any).

Fees:

• Fee for issue of certificate as regards availability of pas due indebtedness (upon client's demand) UAH 25;
• Fee for issue the letter to notary as regards removal of a ban in case of loan repayment - UAH 30.

Insurance companies - Bank partners

1.      Ltd. "The loan brokerage agency" (Kiev);
2.      Ltd. IR "Veriteks" (Kiev);
3.      Ltd. "LYUAZH" (Kiev);
4.      SE "Pickard & Co. Ltd" (Kiev);
5.      Ltd. "GAL-WORLD" (Lviv);
6.      "Delta-Consulting" (Kharkov);
7.      Ltd. "Standard Score" (Cherkassy);
8.      Private Enterprise "Centre of Market Research" (Lviv);
9.      OOO "Consulting Company" Forex "(Poltava).
10.      "Company" Sail "(Odessa)

* The rules of Client’s risk group identification are stated in the NBU regulation No 279 dated 2000/07/06 (as amended and supplemented)