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Private

Consumer Loan

Consumer Loan

Buy now what you need

  • Some of the most attractive terms of consumer loans on the market
  • You don't have to mortgage property

This is one of the easier and faster ways to borrow money without property pledge for family or household needs: repairing your home, buying a car, travelling, etc. You can file a loan application or apply for advice online.

Basic lending conditions

Requirements for the borrower

Loans are available to adult nationals of the Republic of Lithuania and individuals with a permit of permanent residence in Lithuania who are receiving permanent income, in particular:

  • wages
  • other regular income received under author's agreements, from business activity, lease and otherwise supported by relevant documentation

To obtain a consumer loan, you don't have to pledge property.

Amount and maturity

Features:

  • family income is assessed
  • you need your spouse’s agreement

Amount – from EUR 300 to 30,000

Loan maturity term – up to 5 years

Once we have decided to award you a loan, we will transfer the funds to your specified account with SEB instantaneously, on the date of signing the agreement.

Currency

Loans are available in euros.

Interest

The annual interest rate for consumer loans is set based on the assessment of your financial capacity and on the number and type of services you are getting from SEB.

Loan repayment

In the month of disbursing the loan you pay interest only. Repayment of the loan starts on the following month after signing the consumer loan agreement.

All you have to do is ensure that every month on the date specified in the agreement your SEB account contains sufficient funds to cover the interest and the defined principal. On the payment date, we debit an equal amount of the principal and payable interest from your account.

If you want to repay the consumer loan prematurely you will not be charged a compensation for premature repayment.

Example of calculating the annual percentage rate of charge

If you received a EUR 2,896.20  consumer loan in euros for 5 years, the total amount payable by the consumer would be EUR 3,982.80, monthly payment will be EUR 65.90. 

The amount includes the consumer loan interest paid over the loan maturity (13 per cent interest rate was applied) the administration fee and the account maintenance fee.

In this case the annual percentage rate of charge would be 14.30 per cent. The annual percentage rate of charge is provided to help you compare different offers.

For more information about the loans and the terms and rates please call our 24/7 line 1528 or visit a SEB bank unit of your choice.


The total amount of monthly instalments paid to various credit institutions should not exceed 40 per cent of your total monthly net income.

Borrowing is always associated with the risk of being unable to fulfil your assumed obligations properly and in due time, so based on our long-term lending practices, we analyse the situation of every applicant with care and responsibly assess their capacity to repay the loan.

Before you decide to apply for a loan, consider the borrowing-related risks. Use the consumer loan calculator to calculate a loan instalment that you could pay the bank every month without difficulty and read the list of documentation required to obtain a loan.

The bank has the right to refuse awarding you a loan after it has analysed the available information about you.

We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

View more information in desktop mode

Example of calculating the annual percentage rate of charge

If you received a EUR 2,896.20  consumer loan in euros for 5 years, the total amount payable by the consumer would be EUR 3,982.80, monthly payment will be EUR 65.90. 

The amount includes the consumer loan interest paid over the loan maturity (13 per cent interest rate was applied) the administration fee and the account maintenance fee.

In this case the annual percentage rate of charge would be 14.30 per cent. The annual percentage rate of charge is provided to help you compare different offers.

Services Prices
Annual interest rate according to the individual agreement
Loan documents drafting and administration (related to issuance of a loan or amendment of terms and conditions of a loan agreement) 1 % of a relevant loan amount, min EUR 28.96
Loan prepayment fee free of charge

 

For more information about the loans and the terms and rates please call our 24/7 line 1528 or visit a SEB bank unit of your choice.


The total amount of monthly instalments paid to various credit institutions should not exceed 40 per cent of your total monthly net income.

Borrowing is always associated with the risk of being unable to fulfil your assumed obligations properly and in due time, so based on our long-term lending practices, we analyse the situation of every applicant with care and responsibly assess their capacity to repay the loan.

Before you decide to apply for a loan, consider the borrowing-related risks. Use the consumer loan calculator to calculate a loan instalment that you could pay the bank every month without difficulty and read the list of documentation required to obtain a loan.

The bank has the right to refuse awarding you a loan after it has analysed the available information about you.

We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

Documents required from you and your spouse

  • Loan application
  • Personal identity documents (passport of a Lithuanian national or personal identity card)
  • Consents to retrieving your data from external databases

Additional documents that may be required

  • Statements on wages from the last 12 months (on the employer's letterhead signed by the head and CFO of the company and sealed)
  • Employment contracts
  • A tax return approved by the State Tax Inspectorate if you are a sole proprietor
  • Author's contracts if you receive part of your income under such contracts
  • Other certificates or documents which testify to your family income

In each individual case we may ask you for more documentation.

For more information about the loans and the terms and rates please call our 24/7 line 1528 or visit a SEB bank unit of your choice.


The total amount of monthly instalments paid to various credit institutions should not exceed 40 per cent of your total monthly net income.

Borrowing is always associated with the risk of being unable to fulfil your assumed obligations properly and in due time, so based on our long-term lending practices, we analyse the situation of every applicant with care and responsibly assess their capacity to repay the loan.

Before you decide to apply for a loan, consider the borrowing-related risks. Use the consumer loan calculator to calculate a loan instalment that you could pay the bank every month without difficulty and read the list of documentation required to obtain a loan.

The bank has the right to refuse awarding you a loan after it has analysed the available information about you.

We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

Want advice or to apply for a loan?

You can learn and do quite a lot online:

How much could I borrow?

Find out your opportunities using the calculator

How to get advice from a professional?

Register for a free consultation

How to apply for a consumer loan?

Fill the application

* File a short application for a loan online to get a preliminary offer in two business days or log in to the banking web site and complete a detailed loan application to get a precise offer on the next working day at the latest.

For more information about the loans and the terms and rates please call our 24/7 line 1528 or visit a SEB bank unit of your choice.


The total amount of monthly instalments paid to various credit institutions should not exceed 40 per cent of your total monthly net income.

Borrowing is always associated with the risk of being unable to fulfil your assumed obligations properly and in due time, so based on our long-term lending practices, we analyse the situation of every applicant with care and responsibly assess their capacity to repay the loan.

Before you decide to apply for a loan, consider the borrowing-related risks. Use the consumer loan calculator to calculate a loan instalment that you could pay the bank every month without difficulty and read the list of documentation required to obtain a loan.

The bank has the right to refuse awarding you a loan after it has analysed the available information about you.

We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

Contact

  • "Skype" (24/7 line)
  • Write us
  • Branches and ATM's
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