The student loan is a state guaranteed loan for pupils and students to cover costs related to acquiring an education. A student loan is simple to apply for, repayment is flexible and interest is affordable.
Interest is 5% a year
Payback of the principal begins when 1 year has passed from graduation from the educational institution unless the student continues their education during this time
Applying for a student loan
Fill in the loan application
Fill in a written loan application on bank form.
Find two surety providers
We conclude suretyship agreements with surety providers.
Sign the loan agreement
Sign a loan agreement either digitally or at a bank office of your choosing.
Personal identification documents of surety providers
Surety providers` last six months` bank statements if they are not our bank`s customers
If the loan applicant studies at a foreign education institution, then a certified statement from the education institution stating that the loan applicant studies at the education institution that issued the certified statement at the time of applying for the loan and about the duration of nominal period of study (the bank has the right to ask for submission of the document original and its attested translation)
In case of a real estate guarantee, the valuation report and insurance policy of the real estate serving as the guarantee
Consent from the loan applicant`s legal representative to apply for the loan if the loan applicant has restricted active legal capacity