Loans disbursed to graduates or their family members2 for the purpose of acquisition, construction, or renovation of residential real estate, or purchase of a car

Restrictions

At the time of provision of the credit limit, the borrower and the guarantor shall not have:

• classified credit liabilities /except guarantees/
• total 20 days of delay in repayment of the liabilities /except guarantees/ serviced within the last 1 /one/ year or classification of liabilities under a class stricter than watched.

In case of violation of the repayment terms envisaged by the agreement, the Borrower shall pay penalty to the Bank, for each day of delay:

• 0.15% of the overdue loan amount
• 0.4% of the overdue interest amount

List of necessary documents to be submitted to the Bank

1. Loan application-questionnaire;
2. Originals of the applicant’s and, if necessary, guarantor’s personal identification document and public services number /a reference on absence of a PSN/;
3. The applicant is identified as a graduate by means of either a graduation certificate or a banking account, opened in the bank in the applicant’s name;
4. A reference from the educational institution or a student’s record book evidencing the fact of being a student;
5. If the limit is increased on the basis of salary - a reference from the employer stating the size of the net salary. The reference shall not be dated more than 15 calendar days before submission. If the salary is paid to an existing account at “Converse Bank” CJSC, a statement from the account can be accepted as evidence.

1. Within the framework of the package, each graduate may get maximum one payment card.
2. Upon expiry of the validity term of the payment card, the card can be reissued on the same conditions, if the reissuance conditions set by the Bank are met.