Educational loan
The loan is issued to pay for the contract at the university, as well as tuition at private schools, kindergartens and courses
Educational loan
Preliminary calculation. It is not a public offer
Loan terms:
| Loan amount | Maturity | Annual interest rate |
|---|---|---|
| According to the formalized agreement (contract) between the student and the higher educational institution in accordance with the established procedure for study on the basis of a payment-contract | 12 months | 26% |
| According to the formalized agreement (contract) between the student and the higher educational institution in accordance with the established procedure for study on the basis of a payment-contract | 24 months | 26.9% |
As a loan provision, the following are accepted:
- Third party guarantee if the loan amount is up to 100 times the amount of the base calculation;
- Guarantee of liquidated property in case the loan amount exceeds 100 times the amount of the base calculation
Neccessary documents:
- A copy of passport (The original is provided to check);
- A (payment) contract (contract) concluded in accordance with the established procedure between a student and a higher educational institution.
- Credit security documents.
Information about the borrower's income (co-borrower, individual guarantor) is requested from the information database of the State Tax Committee (STC). If there is no possibility to obtain information on income from information database of the STC (if an application is received from a client that does not pay income tax or has an exemption to pay income tax or if you encounter technical problems in the information database of the STC and the internal system of the Bank) information about the income is provided by the borrower (the co-borrower is an individual)
Loan security:
If a third-party waranty is provided as collateral for the loan, the following documents are provided by the warantor:
if a warantor is an Individual:
- A copy of passport (the original is provided to check)
if a warantor is a legal entity:
- Balance sheet with attachments;
- Audit report;
- Decisions of the founders on consent to warranty
The terms of the loan:
| Loan amount | Maturity | Annual interest rate |
|---|---|---|
| According to the formalized agreement (contract) between the student and the higher educational institution in accordance with the established procedure for study on the basis of a payment-contract | 12 months | 26% |
| According to the formalized agreement (contract) between the student and the higher educational institution in accordance with the established procedure for study on the basis of a payment-contract | 24 months | 26.9% |
Documents to download:
Benefits of a loan from Alokabank
Fast
decision making
processing the application
as soon as possible.
Issuance of a loan
on the day of application
use the funds immediately
after receiving the loan.
Minimum
documents
a passport is enough
to open a loan.
How to get a loan?
It takes
about 5 minutes on average
We make a decision
within 15 minutes
at the nearest branch
Take your documents with you