Sber doubles borrowing limit for general purpose loans secured by real estate

Jul 21, 2021

SberBank has doubled the upper limit on general purpose loans secured by real estate, to RUB 20 mn from RUB 10 mn.

Loans under the Personal Loan Secured by Real Estate program can be taken out for a term of one to twenty years and range from RUB 500,000 and RUB 20 mn, with the interest rate starting at 10.4%. You can calculate the terms and apply for a loan on DomClick.ru.

In May 2021, SberBank expanded the list of potential borrowers of the Personal Loan Secured by Real Estate program. Now you don’t need to confirm the goal why you are taking out a loan.

Loans are available to sole proprietors, head and directors of companies, deputy heads, chief accountants, and other people who are entitled to apply the first signature to the financial documents of companies with under 30 employees. These loans are also available to small business owners with the shareholding topping 5% and farmers.