Cash loan at T-Bank

At Tinkoff Bank, you can apply for a consumer loan from 50,000 to 5 million RUB for a term of 1 to 5 years. The minimum possible interest rate on the loan is 3.9% per annum, and the maximum is 40%.

You can get a refund on part of the paid interest if provided for by your tariff plan. To do this, you need to call the bank no later than three months after repaying the loan. If Tinkoff recalculates the loan, the difference between the rates can be up to 10% per annum.

Borrowers who meet the following requirements can apply for a consumer loan from T-Bank:

• are citizens of the Russian Federation;
• have permanent or temporary registration within the territory of Russia;
• aged 18 to 70.

To submit a loan application to T-Bank, you only need to provide a Russian internal passport. However, the bank may additionally request documents confirming your income and employment status.

Pros:

• large loan amount — up to 5 million RUB;
• long loan term — up to 5 years;
• low minimum interest rate — 3.9% per annum;
• option to get a partial refund of the paid interest;
• can be applied for with just one document;
• option to apply online.

Cons:

• high maximum interest rate — 40% per annum;
• the bank may request documents confirming income and employment.