MTBank loan is simpler than a simple condition. MTBank - bank cards. Pros and cons

Credit card“As easy as shelling pears” is a universal banking product with which you can withdraw cash and pay for purchases in any retail network. This card has international standard and will allow you to additionally make payments on the Internet and abroad.

The principle of the card is that it has a money limit. Maximum size this limit depends on the average monthly income of the borrower. Loan interest is calculated only on the amount of money spent. In the first 40 days after the start of spending money, the Grace period, during which it is applied interest rate 15% per annum.

To issue a card, you must send an electronic application on the website portal. Then, at the appointed time, you should go to the bank, where you will be given bank card with a loan credited to it.

Credit card "As easy as shelling pears" will help make your wishes come true with minimal cost.

The economy of Belarus is dependent on Russian realities. In the context of a tied neighborhood, the country's markets often repeat the crisis phenomena in Russia with the addition of their own problems. However, despite all the financial turmoil, the banking sector in Belarus is quite stable, although it does not receive the same state support as the Russian banking system.

Arouses interest, experience of Belarusian banks in crisis conditions and comparison banking products with Russian counterparts.

Let's consider consumer loans using the example of a financial institution from the TOP-10 banks of the Republic of Belarus. MTbank is the owner of many prestigious awards. Recognized as the best Belarusian bank at the end of 2015.

General terms

Mtbank issues loans in Belarusian denominated rubles (BYN). Due to the short period of time after the denomination, all limits are additionally prescribed in non-denominated monetary units- BYR.

The list of loans for private consumption of MTBank is small and is represented by two products:

• consumer credit"Easy peasy";
• consumer loan secured by surety.

The issuance of loans in stores, retail chains, points of sale has been suspended.

One of the features of MTBank loans is the possibility of changing the rate under the agreement in unilaterally.

The customer is notified of the increase in value. If the borrower does not express a written refusal within 10 days, the rate changes. Waiver of the new conditions must be accompanied by a refund of the outstanding amount within three months.

The presence of such a clause allows the bank to issue long-term loans in an unstable economic environment with sharp fluctuations in currencies and high inflation.

The loan rate is uniform, tied to the overnight rate National Bank The Republic of Belarus.

The loan amount is transferred to the client's account to which the bank card is linked. You can use it to pay in stores without commission or withdraw money from ATMs.

Loan funds can be used for any purpose other than placing in deposits in banks, purchasing deposit or savings certificates, or other banking products providing for the payment of interest income.

We can note the absence of targeted loans from MTBank and the transition to universal products. The absence of mortgage and car loans, which are usual for Russians, is explained by the equal conditions for all types of loans on the Belarusian market.

The unpredictability of economic realities does not allow issuing money for very long periods, and the cost of loans is approximately the same regardless of goals.

The use of credit insurance allows you to reduce the risks of lending in a less costly way for the bank than traditional collateral.

Therefore, there is no need to allocate loans for the purchase of a car and real estate in separate offers.

Another factor that contributes to the issuance of targeted loans in Russia and does not exist in the Belarusian market is government subsidies for car loans and mortgages.

Decor

To obtain a loan, a citizen needs to leave an application for a loan in one of three ways:

• at the MTBank office;
• on the official site;
• by phone.

The online application does not contain any information other than contact details and consent to their processing. Therefore, the preliminary decision, in fact, is an invitation to the bank to complete a full application.

Upon approval of the loan, the client signs the individual terms and conditions, which are adherence to the general terms of the loan.

The bank can make changes by placing new general conditions on the official site.

Bank ruler

MTBank's retail credit line has been significantly reduced. You can mark the transition credit institution on the universal loans and card lending to private clients.

The main conditions for consumer loans from MTBank are presented in the table:

Loan “As easy as shelling pears are issued without collateral and guarantors. Insurance at the request of the client can be included with the principal amount. The money is transferred to the client's card account.

The single debt repayment period is from the 1st to the 10th day of the month following the calculated one.

A guaranteed consumer loan is provided if there are guarantees of at least two citizens. Money can be received in cash at the bank's cash desk or by transferring to a card account.

The insurance premium, at the request of the client, is included in the loan. For the provision of a loan, the borrower pays a commission, which can be included in the total loan amount and is paid to the bank at the time the money is received. Cancellation from 1 to the number specified in the contract.

Consumer loan in MTBank without certificates and guarantors

Mtbank does not provide loans without proof of income. The issuance of express loans for the purchase of goods in retail outlets is currently suspended.

The absence of collateral and guarantors is stipulated for the product "Easier than ever".

In cash

Both consumer loans of MTBank are issued by transferring money to the opened card account of the borrower.

If desired, the money can be received at the bank's cash desk. Money can be withdrawn from a card account without additional fees at ATMs and terminals.

Without payment additional services payment for goods and services is also carried out using a card.

The documents

Loan processing "As easy as possible" is carried out on the basis of a passport and a certificate of salary.

The bank may request other documents. The guarantors provide the same documents. A surety agreement is preliminarily concluded with them.

Interest rates

The bank has uniform rates for all customers. For a loan "Easier than simple" the cost of the loan is 32.2% per annum, for a consumer loan secured by surety - 31%.

From time to time, MTBank holds promotions when loans can be issued at reduced interest rates.

It should be noted that there are no preferential categories of borrowers. During the crisis period, the bank refused them.

Borrower requirements

Currently, the bank issues loans to citizens of Belarus with a constant income. The maximum age of borrowers is limited: men up to 64 years old, women up to 70 years old.

During the entire term of the agreement, MTBank requires the provision of information:

• on the appearance of overdue debts to banks with a duration of more than a month;
• on the conviction of the borrower for criminal offenses resulting in imprisonment and (or) confiscation of property;
• on the suspension of operations on the accounts of the borrower;

• about the client's participation as a defendant in litigation if the amount of the claim against the borrower exceeds 50% of the amount owed to the Bank;

• loss of sources of income;
• on the occurrence of prolonged more than once and (or) overdue debts to other banks and other counterparties, the budget, if the amount of debt exceeds 50% of the amount of debts to the bank;
• about the arrest of the borrower.

Timing

Mtbank provides loans for up to 7 years under the "As simple as possible" product, up to 5 years under a consumer loan secured by surety.

The specific period is set in the terms of the loan agreement.

The borrower can get a loan for a shorter period or shorten the lending period by early repayment.

Early repayment

Debt repayment is carried out in accordance with the schedule of payments attached to the agreement.

Early repayment, both of the entire loan, and partially, is possible without restrictions.

The bank can present the entire amount of the debt for early repayment if there is a debt on the accounts of overdue debt for more than 265 days.

Pros and cons

The positive aspects of MTBank loans are:

• simple conditions for obtaining loans;
• uniform requirements for borrowers and terms of issue;
• long terms of crediting.

Among the disadvantages are:

• the vulnerability of customers from changes in the terms of contracts;
• high interest rates;
• lack of benefits;

• additional costs of the borrower for insurance and commissions.

In general, one can note the shifting of financial risks onto bona fide borrowers, which leads to a significant rise in the cost of retail loans.

Everyone commercial Bank in the Republic of Belarus tries to provide maximum profitable terms consumer lending for their potential clients. MTBank is no exception; it has several lending programs for potential borrowers. At the same time, its distinctive feature lies in the fact that a loan can be issued in a short time without providing certificates of wages... However, let's take a closer look at which loans for consumer needs MTBank offers to its clients today.

At the moment, the bank offers only three programs for potential borrowers, we will consider their conditions in more detail. Loan Easier than simple MTBank offers an annual interest rate of 16% per annum. The peculiarity of this type of lending is that the borrower receives cash by transferring to a plastic card. The maximum loan amount is limited by the borrower's solvency. Loan amount not more than 500 Belarusian rubles, maximum term lending up to 12 months. According to the terms of this offer, surety and security for the loan are not required.

A similar offer is a loan Easier than ever, but here distinctive features the proposal is for a period of up to seven years, the interest rate is floating, the first six months the borrower pays 29.9% per year, starting from 7 per month until the end of the contract 30% per year. Similarly to the previous sentence, funds are credited to the account plastic card, it can be used for cashless payment goods and services.

Please note that the loan rates at MTBank directly depend on the overnight rate of the National Bank of the Republic of Belarus. That is, with an increase in the value, the bank has the right to unilaterally raise the interest under the current agreement.

Finally, the last offer of the bank is a loan secured by surety individuals, it is also transferred to the client's plastic card account. Annual interest rate 22% per annum, two individuals act as collateral. Loan term up to 5 years, loan amount from 500 Belarusian rubles to 15,000 Belarusian rubles.

Borrower requirements

Each commercial bank has a number of requirements for potential credit partners, in particular, the issue of collateral for a loan occupies a special place. Loans from MTBank without guarantors can be obtained under the program Easier than ever, however, a number of documents are required from the client, including a certificate of salary. The bank may unilaterally consider the option of lending without documents confirming income if the borrower has a positive credit dossier. This means that he previously took out loans in commercial banks Of the Republic of Belarus and timely fulfilled credit obligations.

What documents are required from the borrower:

• passport of a citizen of the Republic of Belarus;
• a second document of your choice, for example, a driver's license;
• application form.

Please note that the bank requires the rest of the documents for each borrower on an individual basis.

If you apply for a loan with a guarantor, then, accordingly, he will also need documents confirming monthly income, the bank similarly checks credit history surety. By the way, it should be said that the participants salary project banks receive funds in debt without confirming their income.

How to get a loan

It will be quite simple to take out a loan from MTBank, for this you can send a questionnaire online. To do this, it is enough to open the official website of the bank, which is located at https://www.mtbank.by/private/credits, and fill out a short questionnaire. True, it should be borne in mind that the questionnaire does not require the indication of passport data and other information about yourself, which means this is a form feedback, that is, you fill out a short questionnaire, a bank specialist contacts you and makes an appointment for you.

Similarly, you can apply for a loan directly to a bank branch. To do this, you choose the branch closest to you and contact directly loan officer, where you can fill out a loan application form and provide all your documents. This will help you to get an answer to your application as soon as possible.

Please note that a consumer loan secured by individuals can only be issued at a bank branch after all the required documents have been submitted.

So, if you are interested in the terms of lending at MTBank, then at any time you can familiarize yourself with current offers on the official website or ask a question to the operator hotline by number +375 29 699 3972. As for the profitability of lending, here are quite acceptable conditions and loyal requirements for borrowers. Therefore, the bank can be considered as a credit partner.

It is actually very simple to issue a loan "Easier than ever", because to obtain it, you only need to send an application from the website page of the portal. An MTBank specialist will contact you in a matter of minutes. This employee will clarify the following information:

• passport data;
• place of work and average monthly income;
• availability and amount of mandatory payments (utility bills, arrears on other loans and installments);
• the presence of imperfect persons (under 16 years old) in the family.

After processing the information received within one minute, the MTBank specialist will name the maximum loan amount that can be obtained. The loan is issued up to 15,000 Belarusian rubles. To receive maximum amount it is desirable to include the income of the husband and wife in the total income. Also, the amount of monthly payments will be immediately announced to you. In case of your consent and approval by the credit department of MTBank without income certificate you get a free bank card to which the entire loan amount is credited.

With this bank card it is possible to pay in any stores without hidden payments. Additionally, cash withdrawal without commission is provided at ATMs of MTBank OJSC, Belinvestbank OJSC and Belgazprombank OJSC.

If you need a loan from MTBank for more than 12 months, then banking specialist another may be suggested credit product up to 7 years.

Every month per room mobile phone an SMS message will be received indicating credit debt, which will need to be repaid by the 15th. You can pay for the loan in MTBank branches, using the Settlement system (ERIP) and Internet banking, as well as in the branches of RUE Belpochta.

If necessary, it is allowed early repayment no fines.