The Alfa-Bank tranche is a revolving credit line. Allows you to access a new amount when repaying a debt on a previous loan. The overdraft can be used an unlimited number of times within the terms described in the loan agreement.
In banking practice, the tranche is used for lending. It means a part of the money that is given to the client on the terms agreed in the contract. Such money can be provided to individuals, individual entrepreneurs, representatives of medium and large businesses. Thanks to the introduction of such an additional concept, banks reduce their own risks when issuing loans.
Features of the tranche
In Alfa-Bank, the tranche is an overdraft amount that is revolving. This means that when the debt is repaid within the framework of one agreement, the money can be issued again. Sometimes we are talking about a technical overdraft. It occurs if the amount is inconsistent. Occurs in card payments when funds are overspending.
Alfa-Bank provides a credit card tranche in the amount of the credit limit for transactions when the cost exceeds the amount of its own money. In fact, this is a special line of lending that has a simplified procedure for obtaining money. When there is a need to receive a certain amount, you do not need to contact the bank to receive it.
The advantage is the simplicity of tracking the money spent. Interest is accrued only on the amount used. This makes it possible to use finances wisely and economically.
Conditions for receiving a tranche at Alfa-Bank
A revolutionary credit line can be provided on different terms, depending on the program. In Alfa-Bank, the disbursement of funds in tranches is issued on the following conditions:
- loan term equal to 12 months;
- pledged property or surety acts as security;
- the number of trashes is not limited;
- the minimum tranche amount is from 1.5 million rubles.
With a revolving form of lending, the limit is restored only after the existing debt is repaid. For example, the bank issued 500 thousand rubles. Of these, only half was spent. The borrower can receive the full amount only if the first part is paid in full.
The provision of a tranche is possible:
- When making settlements in foreign currency, when due to the difference in exchange rates, the borrower goes “in the red”.
- The entire amount is written off in the absence of a 5% stock.
- A financial transaction is carried out without going through the authorization procedure in the system.
- Due to late payment, there is an interest debt.
- The entity withdraws cash using ATMs of other financial institutions.
To use the revolutionary credit line, you must leave an application form. This can be done both in the branch and on the official website of the bank. After assessing the client's solvency, a decision is made. Bail can be provided to increase the chances of a positive response. It includes material values, real estate, circulating assets.
