Issue of payment card for debit and credit servicing

Issue of payment card for debit and credit operations foresees credit limit establishment and using both – own and loan funds provided by the bank.

Loan term – 12 months; prolongation is available if agreed by the parties. If agreed by the bank, prolongation is performed without conclusion of additional contracts.

Lending limit amount:

• Minimum amount is UAH 500, maximum amount is UAH 20 000.
• Lending limit at first client’s application is established at level of one average monthly salary.
• Lending limit can be increased to maximum allowed amount if credit debt is properly repaid during 3 months. Limit increase is automatical.

Credit rate: 36% annual.

Obligatory minimum payment: is 10% from amount of unused credit, over-limit debt, interests, fine, and penalty accrued by debt, etc.

Terms of minimum payment: monthly till the 20th day of the month next after indebtedness occurrence.