Mortgage loans

Mortgage loans for a term of up to 20 years.

Advantages of the loan

  • loan period — up to 20 years (minimum term - not set);
  • opportunity to obtain a loan without a down payment with additional collateral;
  • optional individual repayment schedule.
Calculation of loan payments

Loan amount:

Loan term:

60 month

Type of repayment
My monthly instalment will be:
1,407 UAH
Monthly payment
1,407 UAH
One-time commission fee
500 UAH

Repayment of the principal starts from the 2nd month. This approximate amount represents the maximum sum excluding the service’s costs of 3rd parties in the Loan Calculator located in the Documents section.

Principal terms and conditions
Loan amount

up to 80 % of the market value of the mortgaged property established after the assessment (the minimum and maximum amount - not established)

Interest rate

variable from 10.5 % to 13% per year 1st year, depending on the goal, borrower's category and ratio to the market value of the mortgaged property from 2nd year - UIRD12M(UAH) + 4% or UIRD12M(UAH) + 4,5% (terms and conditions may be reviewed – in the Documents section)
real annual interest rate 22.81 – 66.00 % per year

One-time fee charged by the Bank

1 % of the loan amount

Mandatory

appraisals, borrower life and health insurance, and insurance for the mortgaged property must be purchased from companies accredited by the bank

Mortgage agreement must

be attested by a notary

Specific features of the loan

This offer is granted within the scope of the "Pivdenny’s dream" lending programme.

Borrower’s age — from 21 years. Maximum borrower’s age on full repayment of the loan – 65 years.

Loans are issued for the purchase of property puted into operation (including apartments, homes and plots) - for the borrower’s personal needs not related directly to business activity with the mortgage of the real estate to be acquired.

Interest rate

Variable:

  1. for loans to purchase real estate with a total area up to 90 square meters, located in the cities: Kyiv, Dnipro, Lviv, Odessa, Kharkiv, mortgaged
  • first year
Own payment (%)

Rate,% per annum

up to 50% (incl.)

10,5

20-50%

11,5
  • from the second year: UIRD12M(UAH) + 4%,

The minimum rate can be 4% per year, the maximum - 30% per year.

    2. for loans for the purchase of real estate located in other settlements, or a total area over 90 square meters, located in the cities: Kyiv, Dnipro, Lviv, Odessa, Kharkiv, mortgaged

  • first year
Own payment (%)

Rate,% per annum: Clients who receive income from the Bank and belong to the following categories:

Employee, Sailor, Premium

Rate,% per annum:

Other individuals

up to 50% (incl.)

11 12,5

25-50%

11,5 13
  • from the second year: UIRD12M(UAH) + 4,5%,

The minimum rate can be 4.5% per year, the maximum - 30% per year.

where

UIRD12M(UAH) - Ukrainian index of retail deposits of individuals in the national currency.

Індекс UIRD12M – Ukrainian index of retail deposits of individuals (Ukrainian Index of Retail Deposit Rates, abbreviated – UIRD) – indicative rate calculated in the system Thomson Reuters and a methodology developed jointly with the National Bank of Ukraine, based on nominal rates of the retail deposit market for a period of 12 months in the loan currency on the date of the rate revision, where:

Bid Review Date = Bid ​​Change Date - 20 calendar days.

Data on the value of the UIRD index are publicly available on the Internet on the official website of the National Bank of Ukraine https://bank.gov.ua

01/01/2024 the rate UIRD12m(UAH) was 14.17%.

Real annual interest rate 22.81 – 66.00 % per year.

Necessary documents

  • Ukrainian passport (passport of the borrower/ spouse/ family member);
  • taxpayer ID number (ID number of the borrower/ spouse/ family member);
  • marriage/divorce certificate (if any);
  • documents proving receipt of income (by the borrower/ spouse/ family member);
  • collateral documents.

IMPORTANT! Mortgages will be granted exclusively for residential properties for which there are no registered residents. Upon applying for a mortgage, please inform the bank of any individuals still registered as residing at the property as well as any need to de-register such individuals in order to be eligible to receive a mortgage.

Upon acceptance of your application by the bank's collegial body, when signing the mortgage agreement, the respective borrower must provide a certificate attesting to the absence of any registered individuals as well as a certificate of registration of underage and minor owners (where applicable) of the residential property with a parent (guardian) at an address other than that of the mortgaged property.

Information on obtaining a consumer loan

Essential characteristics of the service for providing a consumer loan, information on the availability, list and cost of additional and/or related services of a financial institution, credit intermediaries and third parties, including the amount of payment and the basis for its calculation, taking into account the requirements of the legislation of Ukraine, see the calculator in the Documents section.

The Bank's web page, where the terms of the agreement are posted (including its public part, offers) and other standard agreements on the provision of consumer loans, internal rules for the provision of financial services by the Bank, is located here.

The page of the official Internet representation of the National Bank, on which the State Register of Financial Institutions is located, can be found here.

We recommend that the consumer immediately inform the Bank about unauthorized access or changes to the consumer’s information in the Bank’s remote service system.

The order and procedure for protecting personal data of consumers is located here.

The consumer has the right, after termination of the agreement for the provision of a consumer loan, including expiration, termination or execution of such an agreement, to contact the Bank with a request for information (certificate) regarding the fulfillment by the parties of their obligations established by the agreement, including information (certificate) about the absence debt and fulfillment of the consumer’s obligations under the agreement in full, which the Bank provides in the form of a paper or electronic document (at the consumer’s choice) within five business days from the date the financial institution receives such a request.

Information on the procedure for the Bank's consideration of consumer requests (complaints) regarding the consumer loan service is located here.

The possibility and conditions for early termination of the agreement on the provision of a consumer loan, as well as the method of such termination of the agreement, terms and conditions for the return of funds:

The Borrower has the right to repay the consumer loan in full or in part at any time, including by increasing the amount of periodic payments, without any additional fee associated with early repayment. In the event of early repayment of a consumer loan, the borrower pays the lender interest on the loan and the cost of all services related to servicing and repayment of the loan for the period of actual use of the loan.

The Client has the right to withdraw from a particular Application Service Provision Agreement (if required by applicable legislation of Ukraine) and terminate this Agreement and close accounts on the basis of a written application (except when early closure/refusal/termination of the agreement is prohibited by law), provided that there are no outstanding debts or valid Application-Agreements/Agreements at the Bank, and all PCs have been returned at the request of the Bank, including those issued to the Client's proxies. This Agreement is considered terminated on the day of account closure and full fulfilment of obligations under this Agreement.

The Borrower has the right within 14 (Fourteen) calendar days from the date of conclusion of the Loan Agreement to withdraw from the Loan Agreement for any reason or no reason on the basis of a written application in the manner prescribed by Art. 15 of the Law of Ukraine on Consumer Lending.

The Borrower does not have the right to withdraw from the Loan Agreement if:

  • fulfilment of obligations under the Loan Agreement is ensured by notarized agreements (transactions);
  • at the time of the Borrower's withdrawal from the Loan Agreement, the purchase of works (services) provided for by the Loan Agreement has already taken place.

Potential risks for the client in using consumer loans. Warning

Concluding and servicing a consumer loan agreement in accordance with a certain lending programme requires the borrower to pay for services of the bank and/or third parties. Read more in the Documents section

Risk of late fulfilment of obligations under the consumer loan agreement in case of poor understanding of the terms/documents before concluding the loan agreement and/or mortgage agreement (pledge, surety).

Risk of scams associated with unauthorised use of client identity documents/data.

In case the borrower violates the terms of the loan agreement, the borrower pays a penalty (fine, penalty).

In cases provided for in the loan agreement and/or mortgage agreement (pledge, surety), the bank is entitled: to demand early repayment of loan payments and compensation for damages inflicted on the bank in breach of obligation, to recover mortgaged housing, property rights to it or other immovable/movable property according to Ukrainian legislation, and in case of insufficient funds received from the sale in the mortgage (pledge) of property, to repay the claim under the consumer loan agreement, the client's personal property may be levied to repay the loan, to apply to court in accordance with the procedure specified in the Ukrainian legislation.

The bank is entitled to transfer information on indebtedness to the credit bureau/Credit Register of the National Bank of Ukraine. Failure to comply with the obligation to repay a consumer loan can affect your credit history and complicate obtaining a consumer loan in the future.

Currency risks: Purchase and sale of currency to fulfil obligations under the loan agreement is carried out at the initiative of the bank only upon contractual debiting of funds from the client’s accounts. When buying and selling foreign currency, the Bank applies the current market exchange rate on the date of buying and selling foreign currency, and the bank fee for buying/selling foreign currency for UAH is charged in accordance with the Pivdenny Bank tariffs. Read more

The Bank is prohibited from requiring the consumer to purchase any goods or services from the Bank or a related or associated person as a prerequisite for providing a consumer loan.

To make an informed decision about obtaining a consumer loan on the proposed terms, the consumer has the right to consider alternative types of consumer loans and financial institutions.

The Bank has the right to make changes to consumer loan agreements concluded with consumers only with the consent of the parties.

You may refuse to receive promotional materials by calling the Customer Support Centre (free of charge in Ukraine) at 0 800 30 70 30 or through remote electronic service channels.

Possible expenses for payments by the consumer for using a consumer loan depend on the payment method chosen by the consumer.

The consumer's initiation of an extension (longation, prolongation) of the repayment period of a consumer loan (deadline for fulfilling a monetary obligation) / loan term / validity period of a consumer loan agreement is carried out without changes.

Potential risks for the client in case of failure to fulfill obligations under the Loan Agreement regarding consumer lending

The amount of a penalty charged by the Bank may not exceed half of the amount received by the Borrower under the Loan Agreement, and may not be increased by agreement of the parties, subject to the requirements of Part 3 of Article 21 of the Law of Ukraine “On Consumer Lending”, namely:

  • in case of delay in loan payments, the Borrower shall pay a penalty in the amount of double discount rate of the National Bank of Ukraine, which was in effect during the period of delay. The penalty shall be paid for each day of delay in fulfillment of obligations, starting from the first day of delay, including the date of payment. The penalty shall be charged on the overdue amount and cannot exceed 15% (fifteen percent) of the overdue amount. The penalty shall be calculated on the basis of conditional number of days in a year – 360, and actual number of days in a month;
  • in case of delay in interest and other payments, the Borrower shall pay a fine in the amount calculated according to the formula: 1% (one percent) of the overdue amount × n, where n is a number of days of delay;
  • in case of violation of the Loan Agreement, the Borrower shall pay a fine in the amount of 2% (two percent) of the loan amount for each case of such violation, namely:
    • within three days to inform the Bank about changes in the place of residence, passport details, contact numbers, place of work, opened accounts and obtained loans with other banks, as well as about the creation of economic structures with the participation of the Borrower’s capital, about the initiation of a criminal case against the Borrower or about civil disputes involving the Borrower;
    • at least once a year to provide the Bank with information that characterizes the Borrower’s financial position in order to assess the Borrower’s financial position (certificates of the Borrower’s personal income and income of his/her family members issued by the employer, if any – income declarations, other documents that confirm permanent income of the Borrower and income of his/her family members), and at the Bank’s first request: statements of current accounts opened with other banks, certificates of availability of loans with other banks, issued directly by other banks;
    • during the term of the Loan Agreement, without prior agreement with the Bank:
      - not to receive loans from other banks;
      - not to alienate movable and immovable property;
      - not to provide surety to secure obligations of other legal entities and/or individuals;
      - not to change the terms of the agreements, payments under which are made at the expense of loan funds received by the Borrower under the Loan Agreement;
    • - when the Bank conducts inspections of the intended use of loan funds, the availability and conditions of keeping the pledged property, analysis of the Borrower’s financial position, to provide the Bank with the originals and copies of all necessary documents and do not obstruct the conduct of such inspections. In the event that a restricted access mode has been introduced in the territory where the pledged property is kept, to provide authorized employees of the Bank with appropriate documents (authorizations) for free movement in the territory and exercise of the Bank’s rights provided for in the Loan Agreement;
    • - to notify the Bank of the circumstances indicating the existence of rights and claims of third parties to pledged property within three days as from the time when the said circumstances became known to the Borrower;
    • - within 7 (seven) calendar days as from the date of submission of a written notice of withdrawal from the Loan Agreement, to repay to the Bank the funds received under the Loan Agreement and pay interest for the period as from the date of receipt of funds until the day of repayment thereof at the rate established by the Loan Agreement.
  • in case of violation by the Borrower of the terms of the intended use of loan funds, the Borrower shall pay a fine in the amount of 5% (five percent) of the loan amount used for the purposes not provided for in the Loan Agreement.
  • in case of failure to conclude a pledge agreement within the term specified in the Loan Agreement due to the Borrower’s fault, the latter shall pay to the Bank a fine for delay in concluding the pledge (mortgage) agreement for more than 10 calendar days – in the amount of 0.5% (zero point five percent) of the loan amount; for delay in concluding the pledge (mortgage) agreement for more than 20 calendar days – in the amount of 1% (one percent) of the loan amount; for delay in concluding a pledge (mortgage) agreement for more than 30 calendar days – in the amount of 2% (two percent) of the loan amount (this clause applies in case of granting a loan for a subsequent property mortgage and/or pledge).

How do I repay my loan?

  • Visit a branch

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  • Pivdenny MyBank

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