EN
If you plan to terminate a bank deposit and spend your savings to pay for the required purchase now, you can take advantage of the Bank offer and get a cash loan secured by your deposit.
Not only will you get a loan at a reduced interest rate, but will save your savings and earn deposit interests.
Loan amount up to 1 150 000 UAH
Loan amount up to 1 150 000 UAH
Lending term from 30 days to 12 months
Lending term from 30 days to 12 months
The loan is provided for consumer purposes
The loan is provided for consumer purposes
Lending advantages
Fixed interest rate
Fixed interest rate
The opportunity to delay loan amount repayment
The opportunity to delay loan amount repayment
To cover your needs at the Bank`s expenses
To cover your needs at the Bank`s expenses
Decreased interest rates
Decreased interest rates
Choice of a term and repayment schedule
Choice of a term and repayment schedule
Keeping the actual savings in UAH or USD
Keeping the actual savings in UAH or USD
Calculate the loan amount and the cost of its maintenance
100 000
2 550 000
5 000 000
Currency and amount deposit
UAH.
100 000
625 000
1 150 000
Credit amount
1
7
12
Credit term
MON.
Loan calculation
Monthly approximate amount of payment for a loan
0UAH
XIRR
0%
Total overpayment
0UAH
Total credit amount
0UAH
* The example of calculating the terms of the loan is for information only and is not a public offer.
Lending terms
Deposit currency: UAH Deposit currency: USD
Loan currency UAH
Loan amount Up to UAH 1 150 000 грн, but not more 90% deposit amount Up to UAH 1 150 000 грн, but not more 80% deposit amount
Delivery Cash or finds transfer
Duration, months Interest rate on the loan Commission fee (once)2,3 Interest rate on the loan Commission fee (once)2,3
1 - 6 10.5% 1.70% 13.49% 0.5%
7 - 9 2.00%
10 - 12 2.50% 0.99%
Real effective rate, % p.a. 14.01% – 36.97% 15.09% – 21.77%

2 the fee is paid by a client when getting a loan.

3 The fee includes: opening a credit account; current account maintenance; funds transfers to the borrower`s current account; incoming transfers related to loan servicing with the appropriate payment purpose "to repay the loan".


Credit debt repayment schemes

Loan repayment and/or interest over it is executed monthly according to the chosen scheme

  • Annuity means monthly payments made by equal instalments throughout the loan agreement term. During the first months of the loan agreement, these payments include more interest and less loan amount repayment. Later after each payment the interest amount decreases and the loan amount is repaid more. The advantage of this repayment scheme is that the monthly loan payment will be less than under the classic schedule during first months.
  • The classic scheme provides for decreasing payments. Monthly loan repayment is carried out with equal parts with the interest accrual on the loan balance. Under this repayment scheme, a borrower must deliver payments that exceed the annuity payments starting from the first month. The interest amount paid by the borrower for the entire term of the loan agreement will be less than under the annuity repayment scheme though.
  • At the end of the loan term repayment of the principal loan amount can be repaid while interest is to be paid monthly. In this case, interest accrual is executed on the loan balance as under the standard scheme.

Early repayment of the loan takes place without additional fees.


Receive a loan taking three simple steps
Order a loan over a deposit online
Order a loan over a deposit online
Wait for a call and receive a decision
Wait for a call and receive a decision
Get your money in the Bank`s branch or a transfer on your current account
Get your money in the Bank`s branch or a transfer on your current account
Send a loan application just now!
Repayment scheme is for your choice
Fixed interest rate during all loan term long
Getting the funds on a current account or in cash in the Bank`s till
Getting the funds on a current account or in cash in the Bank`s till
The lending opportunity to repay the loan in any convenient way for you: online and offline

The lending opportunity to repay the loan in any convenient way for you: online and offline



Documents
SMS – your personal loan certificate

Now there is no need to remember the amount of monthly loan payment or call to information center. You can easily receive the information regarding your account balance via SMS.

It is necessary to send a message on the number 9707, mentioning in the text of outgoing message a number of the loan agreement (10 numbers).

SMS sending cost – 0,94 UAH for the national GMS operators’ subscribers.

Tariff is displayed in UAH including VAT. Additionally Pension fund charge is kept in the amount of 7,5% of the cost of the service, without VAT inclusion. Only for adults. Phone: 044 498-88-44, 044 290-92-34, (during working days from 8:00 a.m. to 8:00 p.m., day offs: 9:00 a.m. - 6:00 p.m., the cost of the payments according to the costs of your service provider).

FAQ
Why do you need a product Loan secured by a deposit?

It is possible to use the funds on the term deposit without losing interest as a result of a deposit's early termination. That preserves the deposit income.

For what purposes can you use credit funds?

Funds can be used for any consumer's needs.

Who can apply for the product "a loan secured by a deposit"?

To all individuals, citizens of Ukraine.

What documents are required to apply for a "Deposit Loan"?

  • Copy of passport of a citizen of Ukraine (all pages with information) or ID card and extract of residence registration;
  • Copy of passport of a citizen of Ukraine spouse (all pages with information) or ID card and an extract on the registration of residence;
  • Copy of the document on an assignment of TIN or TIN indicated on the ID card;
  • Copy of the document on an assignment of TIN or TIN indicated on the ID card of the spouse.

What deposits can be used as collateral?

Term deposits of private individuals opened in JSC "OTP BANK".

In what currency can one get a loan?

In UAH.

In what currency should be a deposit?

In UAH or US dollars.

Is it possible to repay the loan early?

Yes, no commission for early repayment.

Do I have to buy insurance to get a loan?

No, in the case of a loan secured by a deposit is not required.

What is the maximum term of the loan agreement?

The loan agreement can be issued for up to 12 months. A loan agreement is closed at the time of the deposit agreement closing.

Is it necessary to pay for notarial services when obtaining a loan?

No, in the case of a loan secured by a deposit, notarization of contracts is not required.

Will there be a credit vacation on the product "Loan secured by a deposit"?

Loan payment holidays are not provided for this product.

Does the Deposit Guarantee Fund cover the deposit made on the product "Loan secured by a deposit"?

The Deposit Guarantee Fund reimburses all the deposits in full during martial law and three months after its termination or cancellation. Three months after the termination or abolition of martial law, the guaranteed amount of deposits will be at least UAH 600,000.