Starting May 17 Sberbank is removing some of the limitations of its Personal Loan Secured by Real Estate, expanding the pool of potential borrowers.

We are expanding the list of individuals eligible for loans secured by real estate on beneficial terms. You won't need to provide any proof of your borrowing goal. Loans can be taken out online, which saves the time of our clients. From now on, these loans are available to sole proprietors, heads and directors of companies, deputy heads, chief accountants and other people that are entitled to apply the first signature to the financial documents of companies with under 30 employees.

Nikolay Vasyov

Vice President, Director of the DomClick Division, Sberbank

According to him, a Personal Loan Secured by Real Estate is also available to owners of small businesses with shares exceeding 5% and members of farms.

With a loan term of up to 20 years, you can borrow from RUB 500,000 to RUB 10 mn at a 10.4% rate or higher. More details can be found on Sberbank's website. You can take out a loan on DomClick.ru.

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Sberbank of Russia published this content on 17 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2021 14:57:05 UTC.