VTB 24, refinancing loans from other banks: terms and conditions

Before buying goods and services a person analyzes the price offers in the market, trying to find the best option. Consumer loans are no exception. Only the search for alternatives is caused by other reasons, for example, debt repayment problems or a desire to reduce maintenance costs. This can be done by re-arranging the debt in another institution. Let's consider in more detail how to issue a refinancing of loans from other banks in VTB 24 .

For whom

For the bank, refinancing is a way to attract new customers. According to statistics, every second Russian has one consumer loan. Among them there are definitely wishing to improve the conditions of service. Just for these clients, a refinancing service has been developed. As a matter of fact, it is a question of registration of a new loan for the repayment of an already existing loan. In practice, the procedure for registration is the same as in standard cases. Only in addition to the client need to provide a certificate from the bank, which has already taken a loan, indicating the terms of the loan and the current debt.

Loan requirements

Bank VBT 24 is engaged in on-lending for consumer, mortgage, car loans and card debt. But old loans must meet certain requirements:

• The remaining period of validity is more than 3 months;
• Monthly repayment of debts;
• Currency of the credit card - rubles;
• Regular repayment of debt for the last 6 months;
• Absence of fresh delinquencies on the loan.

Requirements for borrowers

Regardless of the program of services, the bank puts forward unified requirements to all borrowers:

• Russian citizenship;
• Presence of a permanent registration;
• Official employment more than 1 year;
• Minimum regular income of 20 thousand rubles. (For residents of the capital - 30 thousand rubles.);
• Good credit history.

Documentation

In order to re-finance loans from other banks in VTB 24, you must provide:

• Internal passport;
• Certificate 2-NDFL;
• The SILLS certificate;
• Package of documents for the first mortgage.

Owners of salary cards are required to provide a passport and SNILS.

Programs

Bank VTB 24 does not directly refinance consumer loans from other banks. In the product line there are only programs for financing mortgage loans. In all other cases, VTB 24 can refinance loans in cash from other banks. But the name of the program itself will not include the keyword "refinancing". The interest rates, terms and amount of the loan for these programs are too high. Customers can choose from one of three products. Guarantee, surety or bail is not required.

Conditions for mortgage lending

Let us consider in more detail how the refinancing of loans from other banks is carried out at the financial institution VTB 24. Terms of service are not very different from standard mortgage loans. But there are special features.

VTB Group, except for VTB 24, also includes such institutions: "Summer Bank", "Bank of Moscow" and "Transcreditbank". Therefore, loans received from these banks are not refinanced.

All citizens of the Russian Federation who have a stable source of income and formal employment can receive a loan. Age restrictions are set standard. Get a new loan can a person between the ages of 21 to 70 years.

Mortgage is refinanced on condition that the client changes the loan currency to rubles or the rate changes from floating (combined) to fixed. The object of the transaction can be an apartment both in new buildings and in the secondary market.

The existence of violations of the debt repayment schedules in the past is not welcome. Although one-time delinquencies, which occurred more than 6 months before the application, are allowed.

Renovate a mortgage in VTB 24 can be done on the following terms:

• The interest rate is 15.95%, subject to the signing of the property, life and health insurance contract;
• Interest rate - 16.95%, subject to registration only property insurance.

Decor

Applications for refinancing a loan in another bank VTB 24 takes in an electronic version. To do this, you need to specify on the website of the bank in the special form the data for the primary scoring: name, information about the employer, income level, contact details and passport information.

The application can also be submitted by calling the hotline phone. The employee will help you choose a loan product, talk about all the terms of cooperation and ask the client for all information for the application. After processing the data, a preliminary decision is made. Next, you need to provide the originals of all documents to any branch of the bank and wait for the final decision. You can reduce the time and immediately visit the bank's branch, providing a complete package of documents.

Rates

Financial institution VTB 24 refinancing loans of other banks for such tariff plans:

• "Large" - is designed for customers who need a large amount for a long time. The loan is granted for 36-60 months at 18.5% per annum. The maximum amount is limited to three million rubles.
• "Quick" - the lower threshold of the rate is limited to 18.5% per annum. The loan amount varies from 100 thousand rubles. Up to 3 million rubles. The loan period is from 6 months to 3 years.
• "Convenient" loan is granted for a period of six months to 3 years for the amount of 100-600 thousand rubles. The loan is serviced at 22% per annum.

On such terms, VTB 24 bank refinances loans from other banks. Customer feedback confirms that the terms of the third program are the most attractive for re-issuing consumer loans. The customer can choose the amount of payment.

If applications for re-registration of consumer loans are considered on an individual basis, then all other services are serviced on general terms. To check the intended use of funds, the bank will not. The client can receive cash in the bank and spend it for personal purposes.

Stages

Let us consider in more detail how the refinancing of loans from other banks is carried out at the VTB 24 financial institution. If it comes to mortgages, then first transfer of debt to VTB 24, re-signing of property pledge agreements. Only after this, the bank transfers the funds to the first creditor. The maximum loan amount will not exceed the market value of the property, adjusted for the current coefficients. At the same time, the bank has its own limit. It is 30 million rubles. The contract for refinancing mortgages can be issued for a maximum period of 30 years.

You can repay the debt:

• Cash at the box office;
• Transfer of funds to the specified details;
• In terminals with the function of cash reception;
• In the post offices of the Post of Russia.

Conclusion

The procedure for refinancing loans in VTB Bank 24 is characterized by a minimum package of documents and an attractive interest rate. At the same time, the institution does not specify clear requirements for the re-registration of consumer loans. In order not to lose time, it is better to apply first online, and after obtaining a preliminary consent to collect documents. In this case, the object of the transaction must meet certain requirements. Renewal of 24 credit in VTB with overdue debt will not work.