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The Asia-Pacific Bank presented a unique loan without interest and overpayment
The Asia-Pacific Bank has developed a unique product on the market - the Absolute Zero credit. It allows you to use borrowed funds without paying interest, subject to the only condition - the timely payment of monthly payments. The interest rate under the contract is 0% per annum, and only in case of violation of credit discipline, the percentage will be 9,25% per annum.
“Absolute 0” is a completely new product in the financial services market. It is designed on the principle of installments, where you return to the bank exactly the amount that was issued on credit. At the same time, installments are provided, as a rule, for a certain type of goods and services, and with a loan from ATB, you yourself decide where and what to spend borrowed funds, ”says Alexander Paramonov, director of the bank for retail products. - For the convenience of our customers, we have maximally simplified the terms of the loan. In order for the loan to remain interest-free, you only need to make timely payments, which include part of the principal amount and a fee for the daily maintenance of the card and not allow delays. ”
The loan amount is 50 thousand rubles, the term is 72 of the month, where the grace period is equal to the term of the loan agreement. The loan is issued on a plastic card, on which there is also no commission for cash withdrawals and annual maintenance. By the way, many will be pleased not only by the condition of the loan “Absolute 0”, but also by the unusual design of the card, during the development of which ATB deviated from the standard idea of bank loans.