VTB offers clients to reduce loan rates

VTB Bank is launching the “Borrower” bonus option, which allows customers to reduce the rate to 7.9% on a loan and reduce the monthly payment by making the usual daily transactions.

The option is available to all Multicard holders in the form of a discount to the consumer loan or mortgage rate, depending on the amount of purchases made. The more transactions a client makes, the lower the rate on his main loan becomes. The maximum discount is 3 p.p. on a cash loan and 0.6 on a mortgage. The offer applies to both existing and planned loans.

If the client has several loans, then the rate is reduced for the one where the debt is larger. For new customers in the month of registration of "Multicard", the bank provides the maximum percentage of discount, regardless of the amount of purchases made.

You can activate the "Borrower" option in the VTB-Online mobile bank, by phone or at the nearest bank branch.

“Since the beginning of September, we have reduced interest rates on cash loans and changed the terms of issuance,” says Dmitry Polyakov, Vice President, Head of Credit Products at VTB. – According to the new rules, the minimum rate for cash loans is 10.9%, which is one of the best offers on the market today. The “Borrower” option gives the client the opportunity to independently set the interest on the loan, which means not to overpay. This is a unique product that has no analogues in any other bank.”

Since the beginning of 2018, VTB has reduced interest rates on cash loans three times. As a result, they decreased by an average of 5 p.p. Now, if insurance is connected, a loan in the amount of 500 thousand rubles or more is available to customers at a rate of 10.9% per annum, less than 500 thousand - 11.7%. one document without additional information and increased the loan term to seven years.