You can buy a car on credit with collateral insurance and without proof of income at a rate of 8.9%, taking into account the discounts offered by the bank: for issuing a life insurance policy and when choosing a VTB Avtolyubitel card. By taking out only a life insurance policy, a client can buy a car on credit at a rate of 10.9%. Without concluding a personal insurance contract, the rate for the client will be 13.9% per annum.
The program applies to new cars of all makes and models with a loan amount from 300,000 to 5 million rubles. Loan funds are available for terms ranging from one to five years. The minimum down payment is 20% of the value of the vehicle. The decision on the loan is made by the bank no more than two business days.
According to the results of five months of 2018, the volume of VTB car loans amounted to 28 billion rubles, an increase of 24% compared to January-May 2017. The bank's portfolio in this segment for five months of 2018 exceeded 101 billion rubles.