Refinancing at Sberbank

The refinancing terms are as follows:

• minimum amount — 10,000 RUB;
• maximum amount — 10 million RUB if you receive your salary or pension on a Sberbank card, otherwise 3 million RUB;
• term — from 3 months to 5 years;
• interest rate — from 24.9% to 36.4% per annum;
• total cost of the loan — from 24.9% to 42.2% per annum.

With the re-borrowing service, you can do the following:

• Lower the interest rate and reduce the monthly payment.

• Consolidate multiple loans into one on more favorable terms.

• Get an additional amount for your own needs.

At Sberbank, as in any other credit institution, early repayment is available. You can make both partial early payments and the full amount required to close the debt.

Please note that in the second case, you need to notify the lender of your intentions in advance and obtain a statement with the amount required for early loan repayment.

Even for the most minor delay in the monthly payment, the bank charges a penalty. Its amount is 20% per annum of the overdue debt amount. In addition, the lender transfers information about the violation of the loan agreement to the Credit History Bureau.

Do not forget that even the smallest delay can negatively affect your credit history and be the reason for a loan refusal in the future.

Sberbank does not impose any strict requirements on its borrowers. You can use the refinancing service if you meet the following criteria:

• have citizenship of the Russian Federation;
• not younger than 18 and not older than 65 years;
• have a work experience at your current job of 6 months or more if you do not receive your salary on a Sberbank card.

Also, the following conditions must be met for refinancing approval:

• you must be a borrower or co-borrower on the refinanced loan and the owner of the bank account to which it was credited;

• the remaining debt on the refinanced loan must be at least 10,000 RUB;

• the loan term must be at least 180 calendar days on the date of loan application review.

Regarding documents, the following are required for the loan:

• passport of a citizen of the Russian Federation with a registration stamp;
• certificates confirming income and place of work;
• statement of the remaining debt on the refinanced loan;
• payment details of the lender that issued the loan being refinanced.

Funds for refinancing can only be received via transfer to a Sberbank bank card.

Repayment is made by automatic debiting of monthly payments from the Sberbank card to which the refinancing funds were credited. You can top up the card in any convenient way:

• by transfer between your own accounts opened with Sberbank;
• by transfer from cards of other banks;
• in cash through Sberbank ATMs;
• in cash through ATMs of other banks;
• in cash through Sberbank cash desks.

Abbreviated name: PJSC Sberbank

Tax ID (INN): 7707083893

BIC: 044525225

KPP: 773601001

Correspondent account: 30101810400000000225

OGRN: 1027700132195