BankNow
Enter your rating for Banknow:
(5 votes, average: 3.80 out of 5)
Loading...Lowest interest rate:
5.90 % for owner-occupiers in Switzerland / depending on credit rating
Maximum interest rate:
10.90 %
Minimum credit amount:
CHF 10,000
Maximum credit amount:
CHF 250,000
Minimum running time:
12 months
Maximum running time:
84 months
minimum age:
20 years
maximum age:
69 years - the loan must be repaid in full before the 70th birthday.
Additional information for BankNow:
additional services:
Residual debt cancellation in the event of death, repayment at any time, loans for pensioners included. With loan protection, you also secure your instalment payments in the event of disability or involuntary unemployment. Credit protection is optional.
Credit type:
Both new contracts and repayments of existing loans and loan increases are offered.
Residence permit:
Swiss citizenship or foreign nationals with a valid B, C, G or L permit or diplomat. Cross-border commuters (G) only via a branch (e.g. Basel for Germany). B permit from an EU country must have been in Switzerland for at least 2 years and non-EU country for at least 3 years.
Employment relationship:
Regular income from permanent employment without notice of termination. Employment during probationary period not possible. Self-employed persons are possible if they have been self-employed for at least 2 years and have a minimum turnover of CHF 40,000. Pensioners also possible. Temporary workers must have worked for the same temporary office for at least 1 year. Minimum net salary: CHF 3,000 per month.
Necessary documents:
The last 3 monthly bills and copy of ID (if married, same documents as wife)
Portrait:
Bank-now is a wholly owned subsidiary of UBS AG and one of the leading credit banks in Switzerland. They offer financing for leasing and loans. The bank was founded in 2006. The purpose of Bank-now is to provide consumer credit and leasing to private individuals and small businesses. Bank-now has a large network of branches in Switzerland and employs almost 300 people. The interest rate can vary depending on creditworthiness. 2-3 times a year they grant special discounts via the Internet.
Best Finance Comment:
Approval rate:
Approval rate - credit rating segments 93%