Individual Clients >> Car Loan
BSGV will grant you a credit for a new or a used car from official dealers in Moscow, St. Petersburg, Moscow and Leningrad regions, as well as in all other regions of Bank presence. Starting from 16th of 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 19th of March 2009 No 244 (with changes from 07th of July, 29th of October 2009) and with Order of Ministry of Industry and Trade of Russian Federation from 15th of July 2009 No 650).
Use this opportunity and get a new car in no time!
Car loan features: 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:
- when borrower provides the insurance policy CASCO issued by the insurance company recommended by the bank and the life insurance policy issued by LLC “Sogecap Life Insurance”;
Interest rate is standard +2%:
- when borrower provides the insurance policy CASCO issued by the insurance company recommended by the bank and the life insurance policy issued by any insurance company;
Interest rate is standard +6%:
- when borrower provides the insurance policy CASCO and the life insurance policy issued by any insurance company upon borrower’s choice;
- when borrower chooses car loan without additional security in the form of life insurance.
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: |

