Express Consumer Loan

Express Consumer Loan

This loan finances the following and more;

  • Electrical and electronic appliances;

  • Furniture for your home;

  • Air conditioning equipment;

  • Personal computer;

  • Financing your vacation;

  • Children’s studies, etc.

Benefits from Express Consumer Loan

  • Fast process;

  • Few documents required;

  • Collateral is not required;

  • Immediate funding;

  • More facilities if you have the salary at OTP Bank

More on Express Consumer Loan

  • Financing up to 2,000,000 ALL;

  • Repayment term of up to 7 years;

  • Unchanged monthly installments for the entire duration of the loan;

  • Fixed interest rates for fixed loan duration:

Tenor Payroll in OBA Payroll in other banks 1. Income from business (non-payroll)
2. Others (but paying regular social insurances)
1 year 3.65% 4.15% 4.9%
1 – 2 years 6.25% 6.75% 7.5%
2 – 3 years 7.25% 7.75% 8.5%
3 – 5 years 8.25% 8.75% 9.5%
5 – 7 years 8.75% 9.25% 10%

* The above interest rates apply to all customers with regular payment of salaries or rent. For all other clients with irregular income, it will be applied a 1.0% interest rate higher than the above rates.

  • This loan is only offered in the ALL currency

For more information please download here the standardized pre-contractual documentation for Express Consumer Loan.

How To Get Express Consumer Loan

To apply, you can submit through your Personal Banker the following documents:
  • Statement of income;

  • Identity Card or Passport, and Family Certificate;