The Bank provides 6.88% interest rate for the whole period of the loan with no hidden fees and commissions

Bulbank presents new interest rates policy on mortgage loans with transparent pricing and beneficial interest levels.

Bulbank provides mortgage loans in BGN and EUR with 6.88% interest rate for the whole period of the loan – only interest payments with no additional fees. The interest rate is formed as a sum of the base interest rate of Bulbank (currently 2.78%) and an addition. The Bank removes the management fee and the application procession fee is reduced 50% for customers obtaining mortgage loans by the end of the year.

Bulbank keeps its proposal for mortgage loans, based on variety of interest rate plans - promotional interest levels for the first years, for the first three, five and ten years.

“The interest rate policy of Bulbank is based on clear and transparent prices on competitive levels. The current offer does not only allow the customer to know what he pays but is the most competitive at the moment regarding the total expenses of the client in terms of his debt”, the Member of the Management Board and Head of Retail Division Mr. Lubomir Punchev commented.

Bulbank provides 6-month grace period on interest payments; the Bank also offers free “Life” insurance and seasonable repayment of the loans with the so called corrected payments. The scheme is valid irrespective whether the loans are payable upon annuities or decreasing instalments. Thus the customers are able to pay less during the winter time, when all communal payments grow heavier.

During the campaign each Bulbank customer with mortgage loan may take the advantage of purchasing housing furniture or technical equipment from the trade partners of the Bank.