EcoMobility Loan

Why electric vehicle?

• without eco tax;
• without an annual car tax;
• free parking in the Blue and Green parking zones;
• average mileage with one battery charge 150 km;
• standard battery charging - 4-8 hours;
• charging on a fast charging station - 20-40 minutes;

 

What we achieved?

In 2015 we invested in our first 10 electric cars. Now electric vehicles and plug-in hybrids are 50% of the cars we use.

The investment is suitable for private individuals as well as for different types of businesses.

For Legal entities

Borrowers	legal entities and sole proprietors, freelancers and registered agricultural producers
Loan amount	maximum - 100% of the value of purchased car
Loan currency	BGN OR EUR
Loan period	from 6 months up to 5 years
Application processing fee	according to the price list for legal entities
Interest rate	1.5% - at least a 10% down payment 2% - less than a 10% down payment
Collateral	pledge on the vehicle, purpose of the loan co-debtor or another form of collateral upon the bank’s request

 

For private individuals

Borrowers	Private individuals with income from a permanent labour contract               Business owners who will use the loan for consumer purposes
Loan amount	maximum - 100% of the value of purchased car
Loan currency	BGN or EUR
Loan period	from 6 months up to 5 years
Application processing fee	no fee
Creditworthiness assessment	BGN 100
Interest rate	1.5% - at least a 10% down payment 2% - less than a 10% down payment
Collateral	co-debtor or another form of collateral upon the bank’s request

For loan "EcoMobility" on amount of EUR 30,000, EUR 5,000 down payment, loan period 5 years, annual interest rate 1.50%, equal monthly installment EUR 519.57, total amount due (principal, interest and fees) EUR 31 174.04. Annual percentage rate of charge (APRC) - 1.92%.Example for private individuals 

To apply for an EcoMobility Loan, complete the following steps:

1. Select an electric car and obtain an offer from the supplier;
2. Contact our Contact Centre at 0700 1 70 70 or complete our contact form and we will call you back; 
3. Discuss the financing you would like to receive with our Business Client Advisers; 
4. Submit a completed Loan application form and provide the required documents; 
5. Tell us about your business; 
6. We will respond within the indicated time period.

 Application documents:

• Completed Loan application form;
• Copy of the business owner’s identification card;
• Documents related to the company’s activity, provided after consulting with a Business Client Adviser;
• A pro forma invoice/offer issued by the supplier.