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Consumer loan without guarantor

Consumer loan without guarantor

The standard consumer loan without a guarantor is provided for the purpose of financing of current needs, education and healthcare costs, purchase of household goods, furniture, purchase of an automobile, refinancing of an existing loan etc.


The loan is extended to:

  • Adults legally capable with permanent residency in theRepublic of Bulgaria, employed under indefinite full-time contracts;
  • Sole proprietors;
  • Individuals, receiving their income from economic activity under civil contracts;
  • Freelancers – notaries; doctors; lawyers; dentists; etc.;
  • Individuals, who are in a position to prove regular and stable income.
  • No requirement for a guarantor;
  • No need to justify the purpose of the loan;
  • No charges for disbursment, management and early repayment;
  • Competitive interest rate levels;
  • Free issuance of international Maestro debit card, protected by chip and use of additional services:
  • MasterCard SecureCode, SMS notification and option to sign up for Asset electronic utility bills;
  • Free activation of the online banking service - Asset Online.
  • Loan amount: up to BGN 7 000 or the equivalent in EUR;
  • Currency: BGN, EUR;
  • Repayment term: up to 60 months;
  • Repayment modes:
    - equal annuity monthly instalments, including interest and principal;
    - equal monthly principal instalments and declining interest instalments.
  • Grace period: depending on the client’s preference and at the Bank’s discretion;
  • Collateral: not required.
RIR + 14.00% 6 м. EURIBOR + 14.00%

The annual interest rate under the loan is floating and formed based on a reference interest rate (RIR for loans in BGN and 6m. EURIBOR for loans in EUR) + the fixed margin indicated above.


Fees and commissions:


  • For initial acceptance of the documents – BGN 36;
  • For credit analysis – 0.75% of the amount authorised, minimum BGN 50;
  • Monthly service charge for current account – BGN 2.


The APR is 16,46% for a loan of BGN 7 000, floating interest rate 14,21%, based on RIR + 14,00% p. p., for a term 60 months. Monthly annuity installments amounting to163,64 BGN. Total due amount 10 026, 95 BGN. The value of RIR as of 01.01.2019 is 0.21%.  

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