Advantages of "Instant installment plan"
01.
Set up easily
Installment term - from 3 to 24 months. Monthly fee from the installment amount - 0,00% for the term 3 and 6 months. 1,8% for the term from 9 to 24 months. Promotion is valid: for purchases from 500 UAH using Alfa-Bank credit card starting from 02.07.2021.
02.
Affordable
Monthly fee from the installment amount for the term 3-6 mo. - 0,00%, for the term 9-24 mo. - 1,8%
03.
Convenien
Making lending decisions 24/7
05.
No documents
Only Alfa-Bank credit card payment
04.
2 weeks
From the moment of purchase you have two weeks to make a decision on installment setup
QnA
Disable/enable Bank notifications with installment plan offers
Why was an installment plan not set up?
Purchase return
Premature full or partial installment repayment
Why don't I receive PUSH notifications (with installment setup offer) about all the transactions?
What is the installment term?
Where can I find information on the state of the installment debt?
Sending SMS with a code to the number 3530
Documents
Instant installment plan calculator
Information on the essential consumer loan service characteristics (without collateral)
The amount of the credit limit is from UAH 500 to 200,000. The loan under the Instant Installment program is granted for 3 to 24 months. The Customer can purchase goods (services) at the expense of the line of credit without making an initial payment. If the Customer has used the Instant Installments program, the real annual interest rate ranges from 0.01% (for 3 to 6 months) to 37.79% (for 9 to 24 months) per annum.
For example, an installment plan for 6 months with an amount of UAH 1,500 under the Instant Installments program means the payment is UAH 250.02 per month. The monthly commission on the installment amount is 0.00% for 6 months.
Read here the detailed terms of providing financial services and an example of calculating the real interest rate.
Warning:
1. The consequences for the Customer in case of using a banking service or a failure to fulfill his obligations under the agreement on the provision of this banking service are:
• when obtaining a loan, the Borrower incurs expenses in the form of interest, commissions, and other payments for the Bank's services following the terms of the loan agreement;
• in case of late repayment of loan debt or other violations of the agreement terms, the Borrower may be subject to penalties following the loan agreement terms;
• in case of improper fulfillment by the Borrower of his/her obligations under the loan agreement, the Bank has the right to apply to the relevant state bodies to satisfy its claims, including compulsory procedure;
• in case of improper fulfillment by the Borrower of his/her obligations under the loan agreement, the Bank is entitled to contact collection companies to act in the interests of the Bank;
• there is no minimum term of the agreement;
• the Customer has the right to rescind the Agreement without explaining the reasons within 14 calendar days from the date of the Agreement. The Customer informs the Bank about it in writing. In this case, the Customer is obliged to return to the Bank the funds received under the Agreement within 7 calendar days from the date of submission of the above notification and pay interest for the period from the date of receipt of funds to the day of their return at the rate established by the Agreement under clause 2.2.3 of the Appendix No. 4 to the Agreement on Banking Services for Individuals by Alfa-Bank JSC;
• The Сustomer has the right to early terminate or terminate the agreement by early full repayment of loan debt. Any penalties in case of early (full or partial) repayment of the loan are not charged or paid;
• in case of concluding a loan agreement with a fixed interest rate, such rate is changed with the written consent of the Bank and the Customer by making appropriate changes to the terms of the concluded loan agreement;
• information about the Borrower is submitted to the Bureau of Credit Histories and Credit Registry.
2. The Bank is prohibited from requiring the Customer to purchase any goods or services from the Bank or a related person as a prerequisite for these services provision (except for a package of banking services).
3. The Customer has the right to refuse to receive advertising materials using remote communication channels.
4. The Bank is not entitled to unilaterally amend the agreements concluded with the Customers unless otherwise provided by the agreement or by law.
• when obtaining a loan, the Borrower incurs expenses in the form of interest, commissions, and other payments for the Bank's services following the terms of the loan agreement;
• in case of late repayment of loan debt or other violations of the agreement terms, the Borrower may be subject to penalties following the loan agreement terms;
• in case of improper fulfillment by the Borrower of his/her obligations under the loan agreement, the Bank has the right to apply to the relevant state bodies to satisfy its claims, including compulsory procedure;
• in case of improper fulfillment by the Borrower of his/her obligations under the loan agreement, the Bank is entitled to contact collection companies to act in the interests of the Bank;
• there is no minimum term of the agreement;
• the Customer has the right to rescind the Agreement without explaining the reasons within 14 calendar days from the date of the Agreement. The Customer informs the Bank about it in writing. In this case, the Customer is obliged to return to the Bank the funds received under the Agreement within 7 calendar days from the date of submission of the above notification and pay interest for the period from the date of receipt of funds to the day of their return at the rate established by the Agreement under clause 2.2.3 of the Appendix No. 4 to the Agreement on Banking Services for Individuals by Alfa-Bank JSC;
• The Сustomer has the right to early terminate or terminate the agreement by early full repayment of loan debt. Any penalties in case of early (full or partial) repayment of the loan are not charged or paid;
• in case of concluding a loan agreement with a fixed interest rate, such rate is changed with the written consent of the Bank and the Customer by making appropriate changes to the terms of the concluded loan agreement;
• information about the Borrower is submitted to the Bureau of Credit Histories and Credit Registry.
2. The Bank is prohibited from requiring the Customer to purchase any goods or services from the Bank or a related person as a prerequisite for these services provision (except for a package of banking services).
3. The Customer has the right to refuse to receive advertising materials using remote communication channels.
4. The Bank is not entitled to unilaterally amend the agreements concluded with the Customers unless otherwise provided by the agreement or by law.