The SberBank Online mobile app has made client cabinets available to the bank's payroll customers in June 2021, where they can enjoy all the services and privileges on favorable terms.

Some of the privileges include a lower interest rate on personal loans, soft mortgage terms, discounts on tax rebates and credit history, and great prices on SberMobile cell phone plans.

The client cabinet also gives you access to SberBank's Money Before Salary, a short-term lending service for those who need money (RUB 1,000 to RUB 29,999) for one month. The loan can be spent on anything - from buying something you need to your everyday expenses - and will be paid back through a deduction from your upcoming salary. It takes the bank a couple of minutes to consider your loan application and credit money to your card account. Unlike payday lending, Money Before Salary does not imply huge interest rates. For instance, if you borrow RUB 10,000, you must pay back no more than RUB 10,170 a month later.

Anyone can be a payroll client of SberBank. To do that, you just need to fill in an application saying you would like your salary to be credited through SberBank Online and give it to your employer. Once your first salary has been credited, you will get access to all discounts and benefits automatically. Moving forward, the bank is set to expand the list of privileges and roll out new services to streamline the interaction between payroll clients and their employers.

Ekaterina Gartseva

Director of Social and Payroll Solutions, Sberbank

You can learn about the functionality and use the offerings by accessing your Profile and going to the My Privileges tab.

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Sberbank of Russia published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 08:31:01 UTC.