RGS Bank launches cash auto loan at a rate starting from 5.9%

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AK&M 18 September 2020 15:51

RGS Bank has expanded the range of loans for car drivers. Customers applying for a cash auto loan can now benefit from the bank's special offer and reduce the rate by 2 p.p. after confirming the loan purpose, the bank informed.

Loans of up to RUB 3 million are available for up to 5 years at a rate of 7.9% p.a. If at least 80% of the disbursed amount is spent on the car purchase, the bank reduces the base interest rate by 2% provided that the vehicle is used as collateral.

Borrowers can apply for a loan on RGS Bank's website. Preliminary decision is taken within 15 minutes.

PJSC RGS Bank (general banking license No. 3073 issued by the Bank of Russia, founded in 1994) is a Russian Bank operating as part of Otkritie Group focusing on attracting and providing comprehensive services to car drivers and businesses engaged in the automobile sector.