UBB offers up to BGN 100, 000 ‘Auto Loan’

UBB offers up to BGN 100, 000 ‘Auto Loan’


Q: Mr. Karavasilev, who can take advantage of UBB’s auto loan? A: ‘Auto Loan’ is a package designed to meet the needs of citizens for buying vehicles. It can be used for purchasing new cars or motorcycles from auto dealers, for purchasing used cars from auto dealers and also for purchasing new taxi cars from auto dealers. Q: What are the upper limits to loans amounts here? A: For purchasing new cars – up to BGN 100 000 / EUR 50 000, up to BGN 50 000 – for second-hand cars and up to BGN 100 000 for cabs. Q: What are the main parameters of the loan? A: Repayment terms have been set as follows: for purchasing new cars– up to 5 years, for purchasing used cars – up to 4 years, as the sum of the car’s age and the loan period should not exceed 8 years, for taxi cars – up to 4 years and up to 3 years for purchasing motorcycles. Interest rates are calculated depending on refunding terms and the type of currency. Q: What is the size of own funds required?A: For purchasing new cars it is 15%, 20% - for used vehicles and 10% for taxi cars. More...