OREANDA-NEWS. Today Sberbank launched a spring campaign featuring lower consumer loan interest rates.

The drop totalled up to 3 pps compared to the basic line. The minimum rate on the “Consumer Loan under Personal Surety” now stands at 12.9% per annum, on the “Unsecured Personal Loan” – 13.9% per annum, these conditions are valid for loans worth 300,000 roubles or more.

“On January 31 the New Year consumer loan campaign ended, it was highly rated by our clients. For example, we issued loans worth 55 billion roubles, which is 24% more compared to the same period of the previous year.

We are launching a new campaign dedicated to spring holidays against the backdrop of the successful New Year campaign. The minimum rate as part of the new campaign will stand at only 12.9% per annum – Sberbank has never introduced such low consumer loan rates,” said Natalya Alymova, Director of Sberbank’s Non-Transactional Retail Products. 

Interest rates are set individually depending on the reliability, solvency, and category of the client.

Sberbank does not charge any commissions on loans, while the life insurance offer is voluntary and does not impact the amount of the interest rate under a loan agreement.

To learn more about the new lending conditions please see Sberbank’s site, the “Consumer Loan” section.