Banks are very reluctant to issue loans to retirees. After all, such lending programs are characterized by increased risks of non-repayment of the loan in the event of the death of the borrower. However, some banks still provide loans to retirees.
It is necessary
- - pensioner's ID;
- - certificate 2-NDFL (certificate in the form of the bank);
- - certificate of the amount of pension.
Instructions
Step 1
There are two groups of loans - loans to working and non-working pensioners. In the first case, the procedure for issuing a loan will be no different from a standard loan. The borrower will need to provide the bank with documents confirming the income. The only thing that restrains pensioners is in obtaining long-term loans (for example, mortgages for 20 years). Banks set the age limit for the borrower at the end of payments. In most cases, it is 65-70 years old.
Step 2
But some banks highly value the reliability and high financial discipline of pensioners, so they can get a loan for those borrowers who have no other sources of income other than pension. In most banks, when issuing a loan to a pensioner, guarantors are required. It is they who serve as a guarantor that all financial obligations of the pensioner will be fulfilled, even if the borrower can no longer pay the loan.
Step 3
Sberbank is the leader in lending to retirees. This is where the majority of Russian pensioners receive their pensions. The main conditions for issuing loans to pensioners are the presence of an account in Sberbank for transferring pensions, as well as attracting at least one guarantor. The loan is issued on the condition that the pensioner must repay it before the age of 75. Interest rates range from 16 to 25 per year, depending on the term of the loan. The maximum amount is 3 million rubles.
Step 4
Sovcombank offers loans for pensioners under the age of 85, which is a kind of record. The maximum loan amount is 250 thousand rubles. It is issued only if the pensioner's income allows monthly payments on the loan. The loan rate is quite high - from 28% per year, but collateral in the form of collateral or loan guarantors is not required. Pensioners aged 75 and over are also encouraged to sign a personal insurance contract.
Step 5
Bank Eurokommerz has a special program for the bank's clients, which is called “Our pensioner”. It allows you to take a loan for up to 38 months and an amount of up to 550 thousand rubles. The maximum age for a borrower is 81. The starting rate that is provided when taking out life insurance is 25.5%.
Step 6
The Pensionny loan differs from Rosselkhozbank in rather favorable terms. The rate on it is from 15%, and the loan term is up to 5 years. The loan is available for pensioners under the age of 75 and allows you to borrow up to 500 thousand rubles. However, in order to receive a reduced interest rate, you must provide a collateral, provide a surety, and also insure your life.
