“KNOWLEDGE IS THE BEST INVESTMENT”

AT CENTRAL COOPERATIVE BANK, WE BELIEVE THAT KNOWLEDGE OPENS DOORS. THAT’S WHY WE CREATED OUR STUDENT LOAN—TO HELP YOU BUILD CONFIDENCE IN YOUR FUTURE!

The bank charges no fees for loan disbursement or management.

Important clarification! Upon the dual indication of the amounts, including before the period, during which it is obligatory, in accordance with the Law on the Introduction of the Euro in the Republic of Bulgaria, the Bank presents the amounts in Levs with their respective indication in Euros, using the distinctive symbol “EUR”. The dual indication in Levs and Euros has been made, using the official exchange rate 1 EUR = 1.95583 BGN."

Maximum amount of BGN 20 000 (EUR 10 225.84)
Maximum term of 5 years
Interest rate of 5.4% with salary transfer to guarantor

If you are enrolled in full-time, part-time or distance learning at a state or private university
You are up to 35 years of age at the time of applying for the loan

One guarantor loan up to BGN 10 000
Two guarantor loan from BGN 10 000 to BGN 20 000

* The guarantor must be employed under a permanent labor contract with at least six months of service at their current workplace. It is recommended that the guarantor be a close relative of yours.

In the case of loans for participation in student brigades, the loan amount is up to BGN 5 000 or the equivalent in foreign currency, and the repayment period is up to 7 months.

For loans in BGN:

The Annual Percentage Rate (APR) amounts 6.32% for a loan of BGN 10 000, with a repayment period of 5 years at an interest rate of 5.6% and a monthly account servicing fee of BGN 2.54 for a card payment account. The interest rate is based on the basic reference interest rate for consumer loans (ORLP Pk) for the relevant currency + interest rate margin. The total amount payable is BGN 11 640.60 with a monthly installment of BGN 191.47. Please refer to the methodology of CCB for determining ORLP Pk.

For loans in EUR:

The Annual Percentage Rate (APR) amounts 6.34% for a loan of EUR 5 112.92, with a repayment period of 5 years at an interest rate of 5.6% and a monthly account servicing fee of EUR 1.30 for a card payment account. The interest rate is based on the basic reference interest rate for consumer loans (ORLP Pk) for the relevant currency + interest rate margin. The total amount payable is EUR 5 951.74 with a monthly installment of EUR 97.90. Please refer to the methodology of CCB for determining ORLP Pk.

For additional information, please call:

*5050 (Call charges are based on the tariffs and policies of the customer’s mobile operator. Calls to a short number may not be included in the free minute package for which CCB cannot be held responsible)

02/9266 500, or visit any branch of Central Cooperative Bank.