360° Coverage : Uniastrum Bank Cuts Personal Loan Rates

Uniastrum Bank Cuts Personal Loan Rates

Interest paid by all customers on personal loans has been reduced on average by two percentage points.

Oct 4 2013, 3:12am CDT | by PR.com

Uniastrum Bank Cuts Personal Loan Rates
Photo Credit: PR.com

Moscow, Russia, October 04, 2013 --(PR.com)-- Interest now payable on Uniastrum’s Access loan varies from 16% to 21.5%, depending on the credit period. Borrowers can take out up to Rb 500,000, repayable over five years. Under the Corporate lending program, payroll card customers or those with a positive credit history enjoy easier terms and benefits.

Loan interest rates are set on a per-customer basis and take into account the borrower’s risk profile, which includes analysis of his/her credit history, current debt burden, and related considerations.

Loans can be applied for online or at any Uniastrum outlet, and the preliminary loan decision is taken in just 10-15 minutes. Customers then have 30 days to access the credited funds. There are no arrangement or early settlement fees.

Interviewed on the Echo Moskvi radio station earlier this week, George Piskov, Chairman of Uniastrum’s Board of Directors, noted that personal lending constitutes one of the most important means of supporting and developing consumer demand and the economy in general, both in the West and in Russia, whose future prosperity is dependent on healthy competition between banks. “Scaling down personal loan rates is a tried and tested formula, and competition in this area is crucial,” he said.

Contact Information:
Uniastrum Bank
Kseniya Chernisheva
0074957440404
Contact via Email
www.uniastrum.ru
For more information call or write Press office:
press@uniastrum.com

Read the full story here: http://www.pr.com/press-release/519975

Press Release Distributed by PR.com

Source: PR.com

 
 
 

blog comments powered by Disqus

Latest stories

NASDAQ is Back at 2000 Dot-Com Bubble Level
NASDAQ is Back at 2000 Dot-Com Bubble Level
The Dot-Com force is back at the NASDAQ. It took Silicon Valley 15 years to bring back the NASDAQ to the Dot-Com Bubble Levels. With startup valuations in the billions becoming the norm, Wall Street is following up with driving up the value of public traded tech companies.
 
 
Bill Gates Tops Forbes Billionaires List Again
Bill Gates Tops Forbes Billionaires List Again
Microsoft co-founder Bill Gates is back on top of the Forbes Billionaires list.
 
 
$75,000 Apple Watch revealed
$75,000 Apple Watch revealed
When Apple's designs are not exclusive enough then there are 3rd parties who add gold and diamonds to the iGadget to make them precious. Brikk announced the Lux Watch, a diamond studded version of the Apple Watch.
 
 
Sony will not Sell Off TV And Mobile Spinoffs
Sony will not Sell Off TV And Mobile Spinoffs
Sony President Kazuo Hirai clarified on Wednesday that the company will not immediately sell off the spun out TV and mobile phone business.