Issuing a loan to a borrower for a bank is associated with certain risks, which the financial institution tries to minimize by checking the solvency and reliability of the client. During the scoring (verification of the data provided by the client), the financial institution also pays attention to the presence of a residence permit - its absence negatively affects the adoption of a positive decision on the issue of money.
Banks policy in relation to persons with temporary registration
The presence of a registration record is a sign of stability and reliability of a potential recipient of money. Registration provides ease of interaction with the person in the event of delays. A temporary residence permit, from the point of view of credit institutions, indicates difficulties with a place to live and work with a client, increasing the risk of loan defaults, which does not always correspond to the true state of affairs.
Since banks are wary of non-registered citizens, in order to take out a loan with temporary registration, additional proof of solvency will be required.
For instance:
- Confirm the official income received in the accounting department of the enterprise with a certificate (2-NDFL);
- Submit a certified copy of the work book, which indicates the length of service in the organization;
- Provide a deposit;
- Prove the existence of property in the region of receiving a loan or a stable income in addition to the main one.
Also, banks are more loyal to people who have:
- Family and children;
- Good credit rating (lack of credit history is a negative factor);
- The salary or pension card of the financial institution where the loan application was submitted;
- A guarantor with a permanent residence permit in the region of application and disbursement of funds.
Banks are more loyal to clients who have both permanent and temporary registration in the areas of presence of branches of a financial institution. But you can get a loan only with a temporary registration - in this case, the loan term will not exceed the duration of the registration.
Loan processing conditions
To obtain a loan with temporary registration, a citizen must:
- Live in the region where the office of the financial institution is located;
- Be officially employed in the region of the bank's presence;
- Have a temporary registration exceeding the loan term.
Loan programs for persons without a permanent residence permit differ from standard ones by higher interest rates, a short term and a small limit - this allows the bank to reduce the risk of loan default.
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When considering an application for a loan for temporary registration, the bank analyzes the period and purpose for which the client needs funds. Obtaining small consumer loans for a short period or mortgages, as a rule, does not cause difficulties. The least chance of getting a car loan, even if the vehicle is pledged.
List of documents
To apply for a loan in a financial organization, a citizen will need to provide a number of documents:
- The passport;
- Registration information;
- A certified copy of a work book or employment contract confirming official employment;
- Certificate 2-NDFL or in the form of a bank, indicating stability and the amount of income.
If the borrower provides collateral, then he is obliged to present documents for the property. If a loan is issued with a guarantor, then he also transfers the above documents to the bank.
Additionally, at the discretion of the bank, the client may be requested:
- SNILS;
- TIN;
- International passport;
- Military ID;
- Certificates of marriage and birth of children (if any);
- Driver's license.
The larger the package of documents the borrower can provide to the bank, the more likely the decision to issue credit will be made in his favor.
How to get a loan
Since the issuance of loans to persons who do not have a permanent residence permit is associated with increased risks for financial institutions, the processing time of the application may vary. from 1 to 10 working days.
In a situation where money is urgently needed, a citizen can apply:
- To a microfinance organizationproviding loans for a short term. The main advantages of contacting an MFO are that you do not need to confirm income, fast application processing and disbursement of funds. And the main drawback is the high interest rate (about 2% per day of using borrowed funds);
- To the pawnshop - in order to receive finance, you will need to pledge products made of precious metals, a car or other valuable property.
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There are also a number of large banks that do not equate citizens without permanent registration with insolvent clients. These include
- Sberbank;
- VTB 24;
- Bank of Moscow;
- Rosselkhozbank and other financial organizations.
6 banks providing loans without registration restrictions
Without a mark of permanent registration, the easiest way is to get a loan from large banks with branches in most regions. First of all, you should contact the bank where the applicant is a salary client or receives a pension. This significantly increases the chance of obtaining a loan.
The most loyal to the lack of registration:
- Sberbank. A borrower who has a good credit history and is able to prove his solvency can get the desired amount at any branch of the bank, while the interest rate is low - from 11.9% annual;
- Citibank. The organization issues loans in the amount up to 1,000,000 rubles to citizens officially employed and living in the region where the bank's office is located. At Citibank, you can receive cash in cash (with a from 12.6% per annum) and a credit card with a limit up to 600,000 rubles and interest rate from 22.9%;
- VTB 24. For citizens with temporary registration, the bank provides only mortgage loans, while the borrower must be officially employed in the last place for more than six months and have an income above the regional average;
- Bank of Moscow. The financial institution issues money under 22-35% per annum for up to 5 years. The bank works personally with each borrower, selecting suitable loyal conditions;
- Gazprombank. The organization issues loans to citizens who are legally in the country and registered on the territory of the Russian Federation. The conditions for issuing a loan are selected individually for each client;
- Rosselkhozbank. Citizens can get borrowed funds at the minimum interest rate - from 10.9% annual. An important condition is that the borrower must have registration in the region where the bank's office is located, an official experience of at least six months and a stable income that he can confirm.
If banks refuse a loan to a client because they have only a temporary residence permit, they should be convinced of their reliability and solvency. A citizen can provide proof of income received, collateral or information about the contribution, deposit, a source of regular additional income.
Advantages and disadvantages of a loan without registration
The main disadvantages of applying for a loan by persons with only temporary registration are:
- Increased interest rate;
- Limited loan term;
- Long consideration of the submitted application;
- The need to provide an extended package of documents.
Despite the listed disadvantages, lending in a bank is more profitable than obtaining a microloan or receiving funds at interest from other lenders, since the loan rate is only by 0.5-2% per annum is higher than for a loan on standard terms.
Any citizen can get a loan if he only has a temporary residence permit. An important condition is compliance with the requirements of banks: the borrower receives a stable income that exceeds the average for the region, is officially employed and can document everything.
For a greater likelihood of receiving a positive decision, applications must be submitted to several banks at once, indicating only reliable data in the questionnaire.
