The difference between loans is that there is no grace period - interest is accrued from the first day. That is, it is impossible to use the bank's funds for free. But there are ways to significantly reduce overpayments. Bank Sinara offers a service package "Manage easily", which allows you to reduce the rate to 0% if all conditions are met. The package must be connected when signing the loan agreement. To get a 0% rate guarantee, you need to:
apply for a loan for a period of 4 to 5 years;
do not use early repayment for 4 years;
avoid delays;
actively useWith that very cardSinara Bank - make 5 or more purchases each month for a total of 10,000 ₽.
After repayment according to the schedule, apply to the bank for recalculation of interest. If all conditions are met, we will return all interest paid to you.
The "Manage easily" service package allows you not only to reduce the rate, but also to flexibly manage the terms of the loan. You can change the payment date monthly, subject to prior notice, and also skip a payment once a year. The package is issued for a commission, which is calculated individually depending on the loan amount and other lending conditions.
Loan term
When applying for a loan, a specific loan term is list of mobile number database established, which can be reduced in the event of early repayment or increased if the conditions change - for example, if a payment is missed within the framework of the "Manage easily" service package.
The card is different in that it does not have a pre-set credit term. You can use it conditionally indefinitely, and if the service term of a particular plastic card expires, it can be reissued. It will be linked to the same account, and the terms will not change.
Payment schedule
Loans have a pre-determined payment schedule, which lists all the amounts and dates. If you miss a payment or reschedule a date, the schedule is rebuilt. It's a clear system that's hard to get confused in.
There is a significant difference between the cards. Since the amount of debt is not known in advance, the payment amount is calculated separately for each month. You receive a statement indicating the minimum payment amount, as well as the total amount of debt that must be closed to renew the grace period.