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Consumer Loan "VIP"

When you need to cover current necessities!

Consumer Loan "VIP" gives you the advantage to finance your current necessities:

  • Buy furniture
  • Reconstruct your apartment, house or car
  • Buy home appliances
  • Pay your tuition fees or books
  • Buy a holiday or an excursion package
  • Treatment
  • Cover current unexpected expenses
  • Organize family ceremonies - weddings, birthdays, family meetings etc.

At the most preferential terms:

  • Financing up to 1 000 000 ALL
  • Only with co- borrower 
  • The longest term in the market
  • The lowest monthly installment
  • Equal monthly installments for efficient planning of your monthly budget
  • Fast evaluation and approval process

Parameters of the product:

Maximum loan amount
 Up to 1 000 000 ALL
Currency
 ALL
Maximum tenure
 84 months
Collateral
  • Up to 500 000 ALL - No guarantor required 
  • From 500 001- 1 000 000 ALL - One guarantor required ( if the client is married then the spouse has to be the guarantor , otherwise someone accepted from the bank)
Annual Interest rate
ALL:
  • 5.9% fix for the first year; 
  • TBILLS 12M + points not less than 9.9% after
  • The clients that take salaries in Fibank the IT applied is:5.9% fix for the first year and T bills12M + points not less 8.9%
Repayment
  • Fix equal monthly installments during the first year; 
  • Equal monthly (annuity) installments
Loan Application and processing fee 2800 ALL, applied when the loan is disbursed
Management fee
 1.00% 

Early repayment Fee

 As per tariff,
Renegotiation commission

 2.00% for changes in collateral, interest rate, term

Bonus
Additional product offered
Credit card VISA Classic Category A, subject of evaluation
Precontractual Information

Download

You can apply for this product if:

  • You are an Albanian citizen
  • You are employed or self-employed with a yearly turnover not less than 8 000 000 ALL

If you cover the points above and would like to apply for a consumer loan in FIBANK, it is necessary to:

  1. To fulfill an application form in one of the branches of FIBANK and to submit the required documents
  2. To pay the application fee
  3. In case of approval of the application form - to sign the loan agreement and use the funds as per purpose declared to the Bank

Personal documents for applicant, co-applicant, guarantor:

  • Copy of the ID card or the passport
  • Address verification (certificate of address registration; or "OSHSE"/"Albtelekom" passbooks; last month invoice or property certificate)
  • Verification of the income issued by the employer and a bank statement where the salary is transferred for the last 6 months or respectively the booklet for social and health insurance paid; or documents for self-employed as below:
    • QKR extract for the sole trader;
    • Declaration of annual income at the tax office; P&L; Balance sheet
    • Bank payment orders for tax, health and social insurance due.
  • In case of other exposures - contracts with the other banks, institutions etc.

Terms and Conditions (Tariff) of First Investment Bank

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