VTB reduced the rate on cash loans to 3.9%

AK&M 01 June 2023 14:29

VTB has decided to reduce the minimum rate on cash loans by 0.5 percentage points. From June 1, the bank's customers can get a loan or refinance a previously issued loan at a rate of 3.9% when applying online and registering the "Your Low Rate" service. This is stated in the bank's message.

The maximum term of a cash loan in VTB is 7 years, the maximum amount is up to 30 million rubles. The bank issues funds for any purpose, while if the loan amount does not exceed 300 thousand rubles, then the borrower will only need a passport for its registration. 

VTB is one of the leaders of the Russian cash lending market. According to the results of 4 months of this year, the bank provided customers with more than half a million consumer loans worth 326 billion rubles. VTB is also developing lending for small amounts, allowing you to receive funds quickly and without complicated procedures. Today, more than 55 thousand people have already used this product, who have received over 1.3 billion rubles. from the bank.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. In the CIS countries, the group is represented in Armenia, Ukraine, Belarus, Kazakhstan, and Azerbaijan. VTB banks in Austria, Germany and France operate under a European sub-holding headed by VTB Bank (Austria). In addition, the group has subsidiaries and associated banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one branch of VTB Bank in China and India, two branches of VTB Capital Plc in Singapore and Dubai.