BSGV: Individual Clients - Loans - Car Loan

Individual Clients >> Car Loan

BSGV will grant you a loan for a new or a used car from official and unofficial dealers as well from individual person in all other regions of Bank presence.
We successfully collaborate with more than 200 car dealers of popular brands and offer easy and competitive schemes of crediting.

Starting from 16^thof December 2009 BSGV offers car loan program with State Government subsidy of interest rate of car loan, so You can take car loan on favorable conditions. This program effects due to Order of Government of Russian Federation from 19^th of March 2009 No 244 (with changes from 07^th of July, 29^th of October 2009) and with Order of Ministry of Industry and Trade of Russian Federation from 26 of May 2010 No 440).

Use this opportunity and get a car you like as soon as possible!

Application

Preliminary loan application

BSGV offers different Car-Lending Programs:

- Standard Car Loan >>>
- Buy-Back Loan >>>
- Loan for Used Vehicles >>>
- Loan with State Government Subsidy of interest rate >>>

Car loan features:

- loans are granted in USD, EUR and RUB - upon your choice
- loan amount starts from 5,000 USD/ EUR or 150 000 RUB
- credit term: from 6 months to 5 years
- car pledge

Car loan benefits:

- 1 to 2 days scrutiny of your application (depending on a program)
- monthly credit repayment in equal amounts
- flexible schedule with free early redemption possible after 6 months period
- automatic debit of the installments to your current account
- assistance in insurance registration

Insurance:

Borrower should provide a full car insurance of pledged car (CASCO) in any insurance company upon the borrower’s choice or in the insurance company, recommended by the bank. Insurance beneficiary under the risks “Theft” and “Total vehicle loss” is the Creditor.

Additional security of the car loan is life and disablement risk insurance for the loan period. Beneficiary under life insurance policy is the Creditor. Borrower may provide additional security under the loan or to choose the loan without security in the form of life insurance. The life insurance policy may be issued by any insurance company or by the insurance company, recommended by the bank.

Interest rate is standard:

- In case customer provides the insurance policy KASKO issued by the insurance company recommended by the Bank and no life insurance policy issued by LLC “Sogecap Life Insurance”;

Interest rate is standard - 1,5%:

- In case customer provides the insurance policy KASKO issued by the insurance company recommended by the Bank and the life insurance policy issued by LLC “Sogecap Life Insurance”;

Interest rate is standard + 0,5%:

- In case customer provides the insurance policy KASKO issued by any insurance company upon customer's choice and the life insurance policy issued by LLC “Sogecap Life Insurance”;

Interest rate is standard + 3%:

- In case customer provides the insurance policy KASKO issued by any insurance company upon customer's choice and the life insurance issued by any insurance company or without additional security in the form of life insurance.

You are eligible for obtaining a car loan if you:

- are over 23
- can documentally confirm your income
- possess the amount for down payment
- wish to buy a new or a used car from an official dealer shop of any brand

What do you need to do?

- choose a car from an official car dealership
- request the bank for a car loan by calling the bank’s Call Center. The operator will fix you a meeting with your personal manager at the time most suitable for you at one of BSGV branches of your choice.
- after the bank’s approval, make the initial installment to the car dealer and draw up an insurance with one of the insurance companies.

For information on our rates please do not hesitate to contact our Call Center.

- Banking charges
- Documents required for loan consideration
- Crediting Procedure

- Bank Partners

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 - is the basic means connecting the bank with its clients. For your convenience the monthly installments are automatically debited to your current account
- Banking Cards - for easier handling of your account BSGV offers VISA/ MasterCard cards in different currencies.