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Small loan

Every new purchase can be a step forward to a more sustainable lifestyle.

Special offer! Contract fee €0!

  • Loan from €300 to €20 000.
  • Money to your account immediately.
  • Option for early repayment of loan without any additional fees.
  • Interest rate from 12.9%.

It takes only 1-2 minutes to fill loan application.

The offer is valid for the pre-calculated offers and applications that are submitted between 26.10–06.12.2020.

Suitable monthly payment

Choose loan sum:
Choose loan term:
Monthly payment:
EUR
Agreement fee:
0 0.00
Calculation is approximate and may differ from your personal small loan offer.

Small loan can help fulfil your different plans: from planned home improvement until unexpected expenses coverage (e.g. car repairing).

We provide Small loans from €300 to 20 000. The amount you can borrow depends on your net income and any other financial obligations that you may have.

  • Fill out the application on the internet bank or Swedbank app.
  • We will inform you about the decision by phone or via SMS message.
  • If the conditions are acceptable to you, sign the agreement in the Internet bank or Swedbank app.
  • We will transfer money to your account after the agreement has been signed.
  • Interest fee start from 12,9%, depends on your income, obligations and the loan amount. Interest is calculated on the loan balance.
  • The agreement fee is 1,5 % of the loan amount, but no less than €35. At a bank branch the fee is no less than €50.
  • Net monthly income at least €490, with a co-borrower at least €950.
  • A 6-month account statement is required if your income is not transferred to Swedbank.
  • The loan will be debited from your account in monthly payment and you can determine and change the payment date.
  • The term for a small loan may be six months to five years.
  • You can prematurely repay the loan (either fully or partially) without any additional fees.
You will have the option to request grace period for up to six months. To request grace period, please submit an application here or turn to the bank office. You can request grace period several times during the loan term.

Fees

 

Effective as of 18.03.2020
Housing loan and Home equity loan
Agreement fee 1% of the loan amount, no less than 190 €
KredEx collateral fee 3 % of the surety amount
Amendment of the agreement 190 €
excl. loan principal repayment holiday free of charge
excl. amendment of the payment date (in branch or in Internet Bank) free of charge
excl. amendment of the servicing account (in branch or in Internet Bank) free of charge
Lowering the interest rate, formalisation of an additional sum 1% of the loan amount, no less than 190 €
Early repayment fee (including partial repayment)
in a branch In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. the amount of 3 months' interest (not applied in case of 3 months' advance notice)
in digital channels In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. the amount of 1 month interest
Fee for processing arrears 3,20 €
Penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
Student loan
First application (in the 2020/2021 academic year) free of charge
First application via the Internet Bank free of charge
Refinancing 7 €
Amendment of the repayment schedule (frequency of repayment and amendment of the due date of the schedule) 7 €
Preparation of a special schedule 16 €
Penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
Default interest after the due date of the loan (i.e. after termination of the agreement by the bank) annual interest rate under the agreement
Compensation for prepayment of the loan amount or a part thereof

If the collateral is property, the amount of the compensation may not be bigger than the amount the borrower would have paid as interest in the period between the prepayment date and the loan maturity date.

Applies to the agreements concluded since 01.07.2011.

1% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date is longer than one year
Compensation for prepayment of the loan amount or a part thereof

If the collateral is property, the amount of the compensation may not be bigger than the amount the borrower would have paid as interest in the period between the prepayment date and the loan maturity date.

Applies to the agreements concluded since 01.07.2011.

0.5% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date does not exceed one year
Credit line
Annual interest rate 13-22%
Agreement fee in a branch 1,5% of the credit limit, no less than 45 €
Agreement fee in Internet Bank (i.e. there is an offer) 1,5% of the credit limit, no less than 35 €
Commitment fee 1,2% of the unused credit limit (annual rate)
Automatic credit limit extension fee free of charge
Increasing the credit limit 1% of the additional credit limit, no less than 35 €
Credit limit reduction fee free of charge
Amendment of the payment date free of charge
Amendment of the servicing account free of charge
Early termination of the agreement free of charge
Penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
Default interest after the end term of the agreement (i.e. after termination of the agreement by the bank) annual interest rate under the agreement
Small loan
Annual interest rate 12,90-22,90%
Agreement fee in a branch 1,5% of the loan amount, no less than 50 €
Agreement fee in Internet Bank and Mobile Bank (i.e loan agreement concluded based on an offer) 1,5% of the loan amount, no less than 35 €
Formalization of an additional amount in a branch 1,5% of the additional amount, no less than 50 €
Formalization of an additional amount in Internet Bank 1,5% of the additional amount, no less than 35 €
Amendment of the agreement 25 €
Amendment of the payment date free of charge
Amendment of the servicing account free of charge
Re-registration of loan products into a small loan 1,5% of the loan amount, no less than 35 €
Repayment of the loan (including partial repayment) free of charge
Penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
Default interest after the due date of the loan (i.e. after termination of the agreement by the bank) annual interest rate under the agreement
Car loan
Annual interest rate 7,90-16,90%
Agreement fee 1,5% of the loan amount, no less than 100 €
Amendment of the interest rate 50 €
Other fees according to small loan price list
Home small loan
Annual interest rate 7,90-14,90%
Agreement fee 1% of the loan amount, no less than 100 €
Formalization of an additional amount 1% of the additional amount, no less than 100 €
Amendment of the interest rate 50 €
Other fees according to small loan price list

document Pre-contractual information of small financing products and leasing

Every new purchase can be a step towards to a more sustainable lifestyle.

Every object we purchase has it’s own environmental footprint – based on how and from what materials it is produced, transported and discarded after being used. Many people are turning to mindful consumption and looking for solutions that are more sustainable for both planet and ourselves. Be among them!

  1. Sharing economy is a great way to satisfy our needs without buying excess stuff. It can also help you save money on maintenance.
  2. Reduce, Reuse, Recycle. For a more mindful consumption - try this: reduce unnecessary consumption, reuse what you can and recycle what you can’t.
  3. Renewable energy is one of the main drivers to tackle climate change. Having your own solar power plant is a great choice for a more sustainable lifestyle. Check out our special offer!
Sustainable products are marked with various special labels. Check them out to make a more sustainable choice when shopping.

European Union energy label

Source: European Commission

Certified B Corporation

Source: Certified B Corporation

EU Ecolabel

Source: European Commission

Household impact calculator

Click on the household's appliances and find out how much you can save while choosing more energy efficient devices.

Sustainable appliances

Yearly electricity costs

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Calculations based on the average energy consumption of high/low-efficiency appliances, and electricity price of 0.141 EUR/kWh. Energy-efficient appliances may require a bigger investment at the start but they give back to energy & environment savings.

If you are planning to borrow more than 5000 EUR for home improvement - we recommend taking a look on this loan conditions.

Especially worth pay by credit card for expensive purchases because for most of them is valid purchases insurance. Credit card will be useful as well if you need extra money in small amounts for short time.

Insurance that helps you with loan repayments in case of losing your job or capacity for work.

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Kind regards,
Swedbank