Postbank is introducing a new product which will establish new standards in consumer lending in Bulgaria. With the new Different Consumer Loan the customers can not only finance profitably their purchases, rebuilds, travels, etc., but it also pays back 10% of the interest payments made during the entire loan period. After the success of the bank’s innovative Saving Mortgage Loan, the Different Consumer Loan is yet another modern offer with which the financial institution establishes itself as a factor in shaping the new trends in the banking sector in the country.

“We constantly strive to create innovative products and solutions, which are not only attractive but also provide real added value to our clients. Following this principle, we have developed the Different Consumer Loan – the first consumer loan which rewards our clients by giving them the opportunity to receive back part of the already paid interest in cash. Clients usually repay in monthly instalments the loan amount, granted by the bank. We are changing the rules with the new consumer loan as the bank now can also return money to its clients. 2016 is a special year for us, because we mark the bank’s 25th anniversary. We want it to be very special for our clients too", commented Rumen Radushev, Head of Individual Banking Division at Postbank.

In addition to the cashback benefit, the new product offers all other advantages of the bank’s standard consumer loans. Clients can rely on convenient and fast financing, the possibility for express financing in 3 hours, very attractive interest rates, starting from 6.70% by receiving their salary at Postbank account and loan amount adjusted to the client’s individual needs. The difference between this loan and the standard consumer loans is that the bank will pay back 10% of the already paid interest to the client after the last loan instalment payment. The maximum cashback amount is BGN 2,000.

The only condition is that clients must have regularly paid their obligations for all bank’s loan products they use and must repay the loan according to the contract period. To take advantage from the loan, clients should submit loan applications until 31 May 2016 in the bank’s expanded branch network, including the recently acquired branches of Alpha Bank Bulgaria, and online on Postbank’s web site.