Consumer credit

Terms of crediting

PRAVEX-BANK offers a series of utterly diverse credit products on "Products and services by installments" programme.

• "Easy" packet
• "Own needs" packet
• "Cash" packet
  
• "Happy family" packet
  

Loan facilities envisage interests of different Customers, including:

• those willing to draw up a consumer credit - by providing a minimum packet of documents;
• those willing to provide complete packet of required documents but at the same time to decrease "cost" of credit;
• those planning to cancel a credit ahead of schedule, etc.

•"Credit + "Instalement-ECONOM card" service

PRAVEX-BANK offers you to use unique "Credit" + money in addition" service.

Every Client that drew up a credit on one of the crediting packet, a unique service - credit card "Instalment-Econom " on which some credit limit will be set automatically, is immediately provided.

Available card amount increases depending on quantity of repayments and payments timeliness according to approximate schedule:

• If you perform the first payment, - available amount is UAH 500;
• If you perform the second payment, - UAH 1 500;
• If you perform the third and more paymens, - UAH 3 000.

You can use set credit limit at your own discretion, - to cash monetary funds in ATMs or pay for purchases in trade networks all over Ukraine 7 days per week, 24 hours per day.

•"Easy"

Crediting conditions according to "Easy" packet:

• period of loan: 6-36 months;
• currency of credit: UAH;
• interest rate: from 2% per month;
• mandatory downpayment: 0%;
• credit amount: $100-$1200 (UAH equivalent);
• repayment: monthly by equal installments.

Currently PRAVEX-BANK also offers two schemes of cash consumer credits under "Products and services by installments" programme:

•"Own needs" packet

is reserved to Clients having used previously "Products and services by installments" programme and consequently having positive credit history, at this credit "cost" for such Clients is reduced.

Crediting conditions under "Economic+" packet:

• period of loan: 6-36 months;
• currency of credit: UAH;
• interest rate: 1.67% per month;
• financing charges while credit issuance: 0%;
• credit amount: $100-$1000 (or UAH equivalent);
• repayment: monthly by equal installments
  

•"Cash" packet

Under this packet, all Clients have an opportunity to draw up cash consumer credits for their own purposes independently of their credit history availability within the Bank. But interest rate under this packet is higher. Cash credits have an advantage of offering the Borrower the possibility to use granted sum at his/her own discretion and which is the most important - absolutely at any POS. Important information!!! Credits under "Cash" and "Own needs" packets are granted directly at bank's structural subdivisions.

Crediting conditions:

• period of loan: 6-24 months;
• currency of credit: UAH;
• interest rate: 3% per month;
• financing charges while credit issuance: from 2% to 4% (depending on credit period);
• credit amount: $100-$1000 (or UAH equivalent);
• repayment: monthly by equal installments.

•"Happy family"

This credit product is intended specially for married couples and is characterized by preferential conditions of credit arrangement, i.g. reduced interest rate and payment for settlement service in consumer crediting.

Crediting conditions under "Happy family" packet:

• period of loan: 6-36 months;
• currency of credit: UAH;
• interest rate: 1.25% per month;
• mandatory downpayment: 0%;
• payment while credit issuance: 5%;
• credit amount: $100-$5000 (UAH equivalent);
• repayment: monthly by equal installments.

To draw up a credit under indicated credit product, besides standard packet of documents (passport, ID, income certificate) the Client has to provide original marriage certificate.

print page »