New Year personal loan promotion at Sberbank: 2 pp rate cut

Sberbank has launched a New Year campaign for personal loans, letting the bank's customers take advantage of a great deal and have their rates cut by 2 percentage points on loans from RUB300,000 which were applied for during the promotion. To enjoy the lower rates, you need to make payments according to the schedule without delays and early repayment for 12 months. After that, the interest rate will be decreased automatically. The minimum loan rate after the reduction will be 9.9% per annum.

Running between November 13, 2020, and January 28, 2021, the campaign applies to personal loans, with or without collateral, and to Personal Loan for Debt Refinancing, a product with an interest rate of 11.4% and higher for loans overshooting RUB1 mln.

Sergei Shirokov, Director of Borrow and Save, Sberbank:

'It is important for the bank, as well as for the client, to have reliable and predictable relationships. Therefore, we are pleased to provide additional discounts on loans to customers who are committed to long-term cooperation. The opportunity to reduce the rate and save money is especially important ahead of the New Year holidays when many of our clients decide to fulfill their most cherished desires. And we naturally hope that our customers will appreciate our procedure for getting a loan using SberBank Online. After all, you can get money there in just a few minutes without leaving your home.'

More on the Sberbank website.