From 5.9% per year: Sber cuts rates on personal loans ahead of New Year

Nov 23, 2021

Personal loans at SberBank are now available on special terms ahead of the New Year holidays.

First, loans issued for 13 months inclusive will enjoy a special rate of 5.9% within the framework of the New Year’s campaign. For customers with an annual SberPrime+ subscription, the special rate will be valid for the first three months of using the loan. For other customers, it will be valid for the first month (after the specified period, the base rate applies).

Second, the minimum base rate for loans to be repaid within 12 months is down to 8.9% from 9.9%; for loans to be repaid within 13 months it is down to 10.9% from 11.9%.

Sergei Shirokov, director of the Borrow and Save Division, Sberbank:

“SberBank traditionally offers special terms on personal loans at the end of the year, because it is in the pre-New Year time that large purchases are made more often than usual. Clients highly appreciated our lending option marketed during the last Green Day campaign, and this is why we have decided to offer special terms again – a rate of 5.9% for the first months of using the loan. This will reduce loan payments and make it more convenient to use our products even after the holidays.”

Learn more about SberBank’s new offer valid until January 31, 2022, on the website.