On-lending in VTB 24: features of the procedure, documents and reviews

The life of modern man is difficult to imagine without borrowing money. Banks' proposals for lending to the population give rise to a huge demand: the very possibility of a spontaneous acquisition can not be of no interest. The model of making purchases "get now - pay off afterwards" is used by almost everyone.

Optimistic looking into the future, the borrower seems to be able to shoulder long-term credit. But sometimes there are unforeseen circumstances, because of which it is impossible to repay the debt. The solution to this problem is over-lending. In VTB 24, as in other banks, there is a loan refinancing program. In the article we will consider in detail its conditions.

The essence of refinancing

On-lending is a new loan for the purpose of partial or full repayment of obligations to the bank (banks). The organization tries to create the most comfortable conditions for repayment: the amount of the monthly payment, the term of the loan, the date of payment changes. The client gets the opportunity to repay the previous obligations without problems, avoiding penalties and not spoiling the credit history.

Is it profitable? It all depends on the situation. For some categories of individuals, on-lending to VTB 24 will reduce not only the monthly payment, but also the annual rate. It is also worth noting that reducing contributions will lead to an increase in the term of the loan agreement. Overpayment on the refinanced loan will be higher.

Bank requirements

Not every borrower will be able to carry out on-lending. VTB 24 has certain requirements for potential customers. Refinancing of the loan will be available to the borrower if it meets the following conditions:

• Age from 21 to 70 years.
• Citizenship of the Russian Federation and local registration.
• Presence of stable earnings.
• Positive experience of repayment of previous loans (absence of delinquencies, fines).
• The work experience in this position is not less than 12 months.
• Presence of guarantors (co-borrowers).
• Availability of necessary documents.

On-lending to VTB 24 is possible only if the lender is a third-party bank. In other words, the procedure is not feasible for debtors of PJSC VTB 24, Post Bank, Bank of Moscow and TransCreditBank.

Package of documents

If all the conditions for refinancing are met, the applicant must provide the bank with the necessary securities. In general, you will need:

1. Passport and its copy.
2. Permanent registration in any region of the Russian Federation, where there is a branch of the bank.
3. Reference 2-NDFL issued 30 days prior to application to VTB 24.
4. SnilS.
5. A copy of the passport of the guarantor and a statement on his behalf.
6. Documents on property and ownership (in the case of refinancing mortgages and car loans).
7. Copy of the employment contract or work record book (if the loan amount exceeds 500 thousand rubles).
8. Loan agreement, which must be paid off.

A questionnaire application is enclosed to the package of documents, which can be filled in the VTB 24 branch. Refinancing is carried out only after the employees of the organization review the provided papers and invite the client to conclude the contract. Salary clients of VTB 24 have the opportunity to re-issue the loan, providing a minimum number of securities: a passport, SNILS and loan documents.

Application for online refunding

Fill out the questionnaire and send it to the bank manager for review and can be done using the Internet without leaving your home or workplace. To do this, you need to visit the official website of VTB 24 and select the appropriate line in the main menu. Having opened the application form for refinancing, you will need to specify:

• Information on current debts: type of loan, period, interest rate, balance of principal, BIC of financial organization and details of current account.
• Contacts for communication.
• Personal data.
• Place of work and work experience.

The completed questionnaire is sent for consideration, which usually takes place during the day. A bank employee will contact the applicant using a contact phone and inform about the decision of the refinancing issue.

Programs of on-lending

VTB 24 on favorable terms suggests solving the problem of excessive monthly payments for loans of various types. The Bank refinances under consumer, mortgage and automobile lending programs, as well as credit cards. The requirements for them are minimal:

1. Debt is in rubles.
2. The term of the loan agreement expires not less than 3 months.
3. Absence of arrears and arrears.

To use the service, it is necessary to submit an application and a package of documents to VTB 24. The loans are carried out with a fixed interest rate of 15%. There is no transfer fee. The procedure is carried out in a short time: within 1-3 days after submission of the application. For salary clients, the contract can be concluded on the same day.

Refinancing a consumer loan or a credit card

The bank guarantees 100% approval under consumer loan programs and re-registration of debts on credit cards. It is possible to combine in one agreement up to 9 loans issued in other financial institutions that are not members of VTB 24. The repayment of consumer credit or payments on plastic cards is possible with the amount of the principal debt from 100 thousand to 3 million rubles for a period of 6 months to 5 years . The fixed rate is 15%. Refinancing credit card debt or consumer loans is one of the simplest banking transactions with a high approval rate.

Refinancing of mortgages

In VTB 24 you can re-arrange and loan for real estate. The chances for a positive response from the bank are slightly lower than when refinancing consumer loans. When the application is approved, the operation is performed in two actions:

• Registration of a new loan agreement on the security of property or the purchase of housing.
• Repayment of obligations and transfer of real estate as collateral to VTB 24.

On-lending is carried out for the loan amount from 500 thousand to 90 million rubles for a period of 5 to 50 years. The annual rate will be 12.95-17.4%. Its size depends on the type of loan program: mortgage for the purchase of housing in the primary or secondary market, non-earmarked loan secured by real estate. Salary clients are provided with a simplified procedure using the minimum interest rate.

Re-execution of a car loan

On-lending to VTB 24 is possible for owners of cars purchased for borrowed funds. The requirements for the applicants do not change, but the terms of the refinancing are somewhat different:

1. The loan amount is from 30 thousand to 1 million rubles.
2. The annual rate is from 13.95%.
3. The term of the contract is up to 5 years.

At the same time, the car becomes a pledge property of the bank, which must necessarily be insured under the CASCO program. Regardless of the program of on-lending, loan repayment is carried out by annuity payments. The monthly amount of contributions remains constant throughout the contract period.

To reduce the debt load allows on-lending. VTB 24 offers favorable terms of refinancing, which will help not only timely repay obligations without problems before the law, but also increase the benefit of using borrowed funds.