Credits

Car loan

It is enough to dream about own car, save money and worry that they can devalue. It is time to use an offer from PRAVEX-BANK! Car loan - without commission!!!

Conditions:

1. Currency of a loan - hryvnia;
2. Interest rate - from 17% to 24% (depending on risk group assigned at the moment of loan issue)*;
3. Downpayment - not less than 30%;
4. Loan period - from 1 to 7 years;
5. Loan amount - from UAH 8 000 to UAH 250 000;
6. Fees (monthly/non-recurrent) - none;
7. Collateral object - car being purchased by client;
8. Way of loan reimbursement - standard and annuity schedule of loan reimbursement;
9. Loan purpose - car will be used in personal needs of client.
10. Mandatory annual hull insurance of car;
11. Loan is issued for cars of domestic and foreign manufacture as well as CIS countries manufacture;
12. Loans are not issued for cars of China and Iran manufacture, as well as cars of Gorkov automobile plant (GAZ), cars of Ural automobile plant (UAZ), Tavriya, Slavuta, Volzhskyy automobile plant (VAZ)32107, (VAZ)32104.

Interest rates

Main requirements to client:

1. Age: from 25 to 55;
2. Loan is issued to the citizens of Ukraine which have permanent residence within its territory;
3. Address of actual residence place of the client should coincide with an address indicated in the registration;
4. Requirements to client's job:
• Employment type - regular job
• Record of service - not less than 2 years at one position;
• Position - client should not be business entity, hired by business entity or employee of state-financed sphere;
• Field of activity of enterprise - enterprise is not intermediary in building field and property field.
5. Guarantee is not mandatory.
6. In case if client drew loan in our bank earlier, it is necessary to have positive credit history;

Required documents:

1. Passport of Ukrainian citizenship  
2. ID certificate
3. Income certificate for 6 last months
4. Driving license
5. Specification, certificate-bill for car or act of car choice

If Client is married:

• Passport of Ukrainian citizenship of a spouse  
• ID Certificate of a spouse  
• Marriage certificate

If spouse is Guarantor under loan

• Income certificate of the Guarantor for 6 last months

If Client is divorced:

• bill of divorce.

Documents that should be provided by Guarantor (who is not a spouse of Client):

• Passport of Ukrainian citizenship.
• ID certificate  
• Income certificate for 6 last months

Fees:

• Fee for provision of certificate as regards loan indebtedness (upon client's request) - UAH 25
• Fee for ensuring record making in State Register of movable property encumbrance as regards changes of conditions of movable property encumbrance (vehicle) with collateral - UAH 84.
• Fee for notification submittal to Interdistrict Registration and Examination Office as regards full repayment of loan - UAH 30.
• Fee for record extraction from State Register of movable property encumbrance in case of full repayment of loan as regards conditions of vehicles encumbrance by collateral - UAH 26,40.

Insurance companies - Bank partners.

During the entire term of credit use, the client will be obligated (under the conditions of the credit agreement) to insure his car submitted to the Bank as collateral with the insurance companies agreed with the Bank:

• JSC PZU Ukraine Insurance Company;
• Oranta National Joint Stock Insurance Company;
• AXA Strakhovanie Insurance Company CJSC;
• Krayina Insurance Company.

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