BSGV is happy to offer educational and MBA loans to ambitious and goal-oriented young people.
Educational loan will cover tuition fees for:
- first and second higher education in Russia
- bachelor degree abroad
- career development courses in Russia
- language courses abroad
- MBA degree in Russia
Advantages of educational loan:
- educational loan is granted for financing studies of the borrowers or their children
- loans are granted in different currences - rubles, US dollars or euros
- loan amount: from USD 1,500 to USD 25,000 (or equivalent)
- loan period: 1-6 years
- possibility of a deferral - on the principal only - is provided up to 24 months
- annual interest rates: from 12% to 15% in US dollars, from 13% to 16% in euros, from 14% to 17% in roubles
Conveniences of educational loan:
- flexible repayment schedule allowing early redemption after a six-month period
- automatic debit of the instalments to the client’s current account
- easy handling of formalities
Insurance:
Security of the educational loan is life and disablement risk insurance for the loan period and for the amount equaled to loan debt increased by 10%. Beneficiary under life insurance policy is the Creditor.
Borrower is able to secure educational loan by providing insurance policy to the bank or to choose consumer loan without security in the form of life insurance.
The insurance policy may be issued by any insurance company or by the insurance company, recommended by the bank.
Interest rate is standard:
- when borrower provides the insurance policy issued by the insurance company recommended by the bank;
Interest rate is standard +3%:
- when borrower provides the insurance policy issued by any insurance company;
- when borrower chooses loan without security in the form of life insurance.
Documents:
- Required documents (with guarantor)
- Required documents (guarantor at Bank's discretion)
MBA LOAN MBA loan allows young people to continue their studies and gain broad experience and profound knowledge in best foreign business schools. MBA Loan that fully covers tuition fees, is granted on exclusive conditions. Advantages of MBA loan: - loan amount: up to EUR 50,000 or USD 50,000 - loan period: up to 6 years - annual interest rates: from 12% to 15% for the loan in US dollars, from 13% to 16% for the loan in euros - possibility of a deferral - on the principal only - for up to 24 months
Conveniences of MBA loan:
- flexible repayment schedule allowing early redemption after a six-month period
- automatic debiting of the instalments to the client’s current account
- from 3 to 4 days scrutiny of your application
- easy handling of formalities
- conditions for insurance are similar to educational loan
- Required documents
MBA loan is granted against the suretyship provided by a relative, a friend or a colleague.
Let yourself concentrate on the learning process while we take care of your finance concerns!
Banking Charges:
-
one-time commission for loan granting
-
life insurance (if applicable)
-
commission for annual service of the account
-
commision for funds transfer to the University / Business-school account
Information for clients:
In order to avoid problems and/or losses of funds when loan repayment, BSGV doesn't recommend making payments via channels which are not represented on BSGV official web-site or in other informational materials, issued by the Bank. BSGV declines any responsibility for operations performed via such channels.
Related products:
- Current account - the basic means connecting the bank with its clients. For your convenience the monthly installments are automatically debited to your current account on the dates of your choice.
- Banking Cards - for easier handling of your account BSGV offers VISA/ MasterCard cards in different currencies.
- Fixed-term deposit - provides higher income compared to a non-defined term saving and is easy to calculate upon currency, term and the amount of the investment.
- Educational Programs
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