Cars under the state lending program. Car loans under the state program

To support the domestic automobile industry, a state program of preferential car loans was developed and put into effect. It aims to expand the opportunities for citizens to purchase a car and support domestic car production. Similar programs have already worked previously, in 2009-2012, as well as in 2014-2017. What is meant by the term preferential car loans, and what are the conditions for the implementation of this program?

Preferential car loan: what will it be like?

Preferential car loan provides additional conditions its issuance or repayment. Their presence should attract the buyer to make a return credit funds more simple and accessible. The following benefits are possible:

• change in the credit rate (reduction or complete absence);
• change in loan repayment terms (increase);
• reducing the loan repayment amount due to the repayment of part of the loan funds by the state.

When providing preferential car loans, the first two items on the list are used most often. The 2017 list of benefits stipulates a reduction in the loan rate. This is how the state subsidizes citizens’ purchase of new cars and stimulates interest in the Russian automaker.

Changes in the new state loan program 2018

The 2018 state program differs from the previous year’s program by increasing the limit on the cost of purchased cars. In 2018 it will be 1.15 million rubles (in contrast to the 2016 figure - 1 million). However, this limit still does not subsidize the purchase expensive cars. It only covers the increase in the cost of a car associated with the fall of the ruble and its devaluation.

Preferential car loan program: loan conditions and list

• Car loan applies to new cars Russian production. The selected car must be new. The period of storage of the car (counted from the date of release of the car from the factory) is no more than 1 year at the time of registration loan agreement.
• You can purchase a car on preferential terms if its cost does not exceed 1.15 million rubles and its weight does not exceed 3.5 tons.
• The loan term does not exceed 3 years.
• To purchase a car, a minimum down payment of at least 20% is required.

The preferential state program also stipulates the possibility of purchasing a foreign car. For this purpose, the Ministry of Industry and Trade has developed a list of foreign-made cars that can be purchased under this preferential program. The list provides mainly budget models, which are collected on the territory Russian Federation. These are representatives of the brands Deo, Ford, Hyundai, Chevrolet, Citroen, KIA. The list of the Ministry of Industry and Trade provides a list of models that can be purchased under the preferential lending program. Loan applications are accepted until December 31, 2016.

What cars can you buy?

We present to you a list of cars eligible for the preferential car loan program:
Lada Vesta, Lada X-Ray, Chevrolet Aveo, Kia Rio, Hyundai Solaris, Nissan Almera, Renault Logan/Sandero, Skoda Rapid, Volkswagen Polo sedan, Chevrolet Cruze, Citroen C4 sedan, Ford Focus, Kia cee'd/Cerato, Nissan Sentra/Tiida, Opel Astra(Family/J), Peugeot 408, Renault Megane/Fluence, Skoda Octavia, Volkswagen Jetta, Ford Mondeo, Kia Optima and Hyundai i40, Mazda 6, Opel Insignia, Ford EcoSport, Kia Sportage,Nissan Terrano, Nissan Juke, Renault Duster, Skoda Yeti, Volkswagen Tiguan.

How does a preferential car loan with government subsidies work?

In accordance with the terms of the program, the state provides benefits on loan interest. The state repays it in the amount of 2/3 of the Central Bank refinancing rate (as of January 2016, this figure was 8.25%). This reduces the total amount of payments and makes purchasing a car on credit more affordable. As a result, for the borrower the loan interest is reduced to approximately 10%, the rest is paid by the state.

Who will be given a loan and who will not be given?

Preferential car loans may be of interest to ordinary citizens and organizations. Age conditions stipulate that the preferential lending program works for citizens of the Russian Federation aged 21 to 65 years. To apply for a loan, you will need a civil passport with registration (necessarily in the area where the car is purchased), a driving license, and a 3-month work certificate (provided that you have been working there for at least a year). And one more thing - a copy employment contract and work book. A soft loan may be refused for two reasons:

• Poor repayment history of previous loans.
• For women - having children under 6 months of age.

Who gives money?

Funds for purchasing cars are provided by banks selected by the state. The list of designated banks included VTB 24, Sberbank, Rusfinancebank, Rosbank, Rosevrobank, as well as Uralsi, Raiffeisen, Cetelem, Bank of Moscow, Unicredit, Rosbank, Rosselkhozbank, Gazprombank, AiMani, Globex, Baltika, Soyuz, Toyota Bank. What influences the choice of bank:

• Different banks may vary the period for full repayment of a car loan.
• The initial percentage of the loan rate from which the refinancing rate is calculated and determines the real interest that the buyer will pay.
• Set of documents - a wider or narrower list of documents required to obtain a car loan is possible.

Preferential car loans from the state help restore the Russian car market and stimulate demand for domestic cars.

A preferential car loan with government subsidies can be obtained when purchasing a new car of domestic or foreign brands, assembled on the territory of the Russian Federation. Because the program is aimed at supporting the domestic automobile industry and restoring consumer demand.

The essence of the program is that the state helps the borrower pay part of interest rate on the loan, namely 2/3 of the Central Bank refinancing rate (the refinancing rate is 8.25%, therefore, compensation is 5.3%). Considering that the average rate on a car loan fluctuates at 12-18%, you will only need to overpay 8-13%.

Conditions of preferential loan

You can apply for a loan under the preferential car loan program for any of the 50 cars included in the list of the Ministry of Industry and Trade. Firstly, the maximum cost of cars covered by subsidies is set at 750 thousand rubles. Secondly, the down payment must be at least 15%. Thirdly, the loan term should not exceed 36 months. Fourthly, lending is carried out only in rubles.

The remaining loan parameters will correspond to the specific selected bank product. Choose the most profitable terms You can get preferential car loans by using Sravni.ru.

List of cars available under the preferential car loan program: Chevrolet NIVA, Chevrolet Cruze, Fiat Albea, Fiat Doblo, Fiat Ducato, Ford Focus, Kia Spectra, LADA-1117, LADA-1118, LADA-1119, LADA-2104, LADA-2105, LADA-2107, LADA-2111, LADA-2112, LADA-2112, LADA-2114, LADA-2115, LADA-2121, LADA-2131, LADA-2131, LADA-2171, LADA-2172, LADA-2329, Renault Logan , Skoda Fabia, Skoda Octavia, UAZ Hunter, UAZ Patriot, UAZ Pickup, GAZ-2217, GAZ-2310, GAZ-2705, GAZ-2705, GAZ-3221, GAZ-3302, UAZ-2206, UAZ-2360, UAZ- 3303, UAZ-3741, UAZ-3741, UAZ-3962, Volga Siber, IZh-2717, Hyundai Sonata, Hyundai Accent, TagAZ S100, TagAZ Road Partner, TagAZ Tager, TagAZ LC100.

A significant advantage of preferential lending is the reduction in the amount of overpayment on interest rates, as a result of which buying a car becomes more affordable. But, at the same time, not everyone can become a participant in such a program.

What is car loan subsidization?

In 2009, the Russian government developed and launched a program of state preferential lending for the purchase of a car domestic production. This decision was made at the height of economic crisis, and the essence of the program was to create an incentive to increase consumer demand for cars produced by Russian enterprises.

State support for lending consists of partial repayment from budget funds of payments provided for by the interest rate on the loan. Traditionally, this government compensation is 2/3 of the amount, which is indicated as a percentage of the cost of the car and which is the bank’s income for providing the loan.

It is important to know that compensation is not carried out for the entire loan rate, but only for the refinancing rate payable to the Central Bank of the Russian Federation by banking organizations on loans that they received from central bank. In other words, if the bank rate for a car loan is 20%, and refinancing is 11%, then the amount to be compensated is 7.33%, and the remaining 12.67% is paid by the borrower. This calculation is carried out using the following formula: 11/3x2=7.33 and 20-7.33=12.67. The refinancing rate is set by the Bank of Russia on the corresponding date.

The result of the introduction of state auto loans was a 50% increase in the production and sales of AvtoVAZ cars. But, despite such high indicators, the program was suspended for some time and only in 2013 the government resumed state auto lending. In May 2017, 10 billion rubles were allocated from the budget for the sale of new cars, but at the same time, changes were made to the conditions for providing state preferential car loans and requirements for banks.

New terms and conditions

The list of cars that fall under the program has been significantly expanded (added SUVs), and is now allowed to purchase with government subsidized lending not only domestic, but also imported cars. And the state reimbursement rate is still 2/3 of the refinancing rate. Basic requirements also include:

• Initial cost of the purchased vehicle should not exceed 1,450,000 rubles (previously 1 million).
• A car loan under the state subsidy program can be issued for a period not exceeding 36 months.
• The discount on a car loan is fixed - 6.7%
• Credit funds can only be provided in rubles.
• There is no down payment now. (previously 20%)
• The maximum amount of the loan issued should be no more than 920,000 rubles, and the minimum can be set by banking organizations independently.
• It is important that what you purchase vehicle was not registered and was not registered as an individual.
• The maximum permissible weight of the car should be no more than 3.5 tons.
• The vehicle you purchase must be a passenger category and is not a vehicle for commercial use.
• New programs “First car” and “ Family car» (10% discount).

Accordingly, the participating banks may change additional conditions, as well as rates, due to which state car loans provided by different organizations sometimes differ. These differences are manifested in the following positions:

• The minimum amount for which a loan is issued.
• The lending rate to measure the actual amount in percentage terms that is paid by the recipient of the loan.
• The minimum period for which the loan is issued.

Full list of cars under the new program

In addition to the cost, type and weight of the car, the government has established a clear list of vehicles that fall under the preferential lending program (but each bank provides a separate list). The registry includes cars of the following models:

It should also be noted that not all types of vehicle model configurations included in the list by the government may be covered by the program. In addition, you can only purchase a car with a subsidy that is no more than one year old at the time of purchase. As for foreign-made vehicles, in order to fall under the state support program, their assembly must be carried out on the territory of the Russian Federation, and the price for this car cannot exceed the established maximum amount in rubles.

Requirements for borrowers

It should be noted that each bank has the right to set its own requirements for recipients of a loan to purchase a car under the state subsidy program. But the main queries include the following aspects:

• The age of the person receiving the loan is from 21 to 65 years. But in some organizations, issuing a loan is possible for persons over 18 years of age, if they have a guarantor, as well as for those who will reach 75 years of age at the time of full payment of the amount for the car.
• Availability of a passport of a citizen of the Russian Federation indicating the place of registration or temporary registration in the region where the purchase of the car is planned.
• Providing a 2-NDFL certificate (on income) for the last 3 months from the place of permanent work.
• A person wishing to receive a loan under the state support program must be officially employed and have work experience in the last place for a period of 3 months to 1 year. To confirm this fact, a copy of the work record book, which has been certified by an authorized person of the employing organization, is required.
• A positive credit history of a person wishing to receive a loan from a bank. It is important to know that not all financial institutions are critical of this requirement. For example, a citizen who has a negative credit history can enlist a guarantor, or provide the bank with additional property in addition to the purchased car as collateral.
• Loan recipients can only be individuals.

Some credit organizations introduce additional requirements, for example, providing, in addition to the passport, another identification document, most often this driver license or a foreign passport. Some banks, on the contrary, offer special state car lending programs based on two documents. But in this case, the amount of the initial contribution can be significantly increased.

In addition, if the borrower retired at the time of receiving the loan, he will need to present a pension certificate, as well as a certificate that is proof of the amount of the pension he receives.

The law does not establish restrictions on the number of cars purchased under the preferential program. But banking institutions do not provide loans for two or more cars.

Banks issuing car loans under a preferential program

The legislation of the Russian Federation does not provide for a specific list of financial institutions that take part in the preferential state car lending program. But banking organizations are subject to certain requirements, which is why not all institutions receive accreditation to issue preferential car loans.

Initially, only credit institutions with an authorized capital of at least 70 billion rubles, as well as with 50% of shares managed by the state, could participate in the program. But due to the difficult economic situation, it was decided to lower the requirements, which allowed more financial institutions to take part in subsidizing car loans.

Traditionally, the Ministry of Industry and Trade of the Russian Federation publishes on its website a register of those banks that were able to confirm participation in the state auto loan program. This list updated daily. At the same time, according to officials, more than 90 banking institutions were able to pass accreditation, among them those processing up to 80% of all credit car sales in Russia. These include:

• Rosselkhozbank
• UniCredit Bank
• Sberbank
• Rosbank
• VTB 24
• Bank of Moscow

Offer from banks for a car loan with subsidies

It should be noted that if you want to buy a car using a subsidized loan program, it is best to contact car dealerships directly. In this case, the buyer has the opportunity to significantly save his own time, since he can immediately find out which bank the salon cooperates with and under what conditions the loan will be issued. If the buyer wishes to cooperate with this particular bank, then immediately after choosing a vehicle, he has the opportunity to apply for a loan.

The most common offers from banks:

Other banks that also take part in preferential state car loans:

Buying a car on credit under a program with state support for business

Despite the fact that the government subsidized purchase program passenger car The loan is designed exclusively for individuals, however, if there is an urgent need, you can purchase such a car for business. For this purpose, the owner of the company, be it entity or individual entrepreneur, can make a purchase as individual and take out a loan for yourself, as for a personal car. Of course, this method is not entirely convenient in some situations, but as an exceptional option for small businesses it can be quite profitable. After all, the level of overpayment when applying for a loan with state support is significantly lower than when purchasing a regular one. consumer loan.

Of course, the state program clearly provides for the use of the purchased vehicle for personal purposes. But in practice, the banks through which the purchase is made do not check under what conditions the vehicle is used - it is more profitable for the bank for the borrower to pay off the loan taken rather than return the collateral in the form of the purchased car. But still, in order to avoid unnecessary problems, it is recommended not to use such a vehicle as a taxi or a training vehicle.

Thanks to government support, motorists have the opportunity to buy a car on credit on preferential terms. The state program for subsidizing interest rates in 2016 underwent some changes: the maximum cost of a car was increased, and minimum size the down payment, on the contrary, is reduced.

The essence of the car loan program

The state program of preferential car loans was first launched in 2009. Then it showed its effectiveness and led to a revival of sales in the car market. Therefore, the government subsequently resumed subsidizing car loans (in 2013, 2015, 2016 and 2017).

The essence of the program has not changed since then: the state takes on part of the car loan interest payments, providing a subsidy in the amount of 2/3 of the refinancing rate (now it is equal to the key rate). Initially, the refinancing rate was 14% and the state subsidized borrowers at 9.33%.

In September 2016, the Central Bank decided to reduce the key rate to 10%. Therefore, the government subsidy is now 6.67% (10*2/3).

From July 1, 2017, citizens of the Russian Federation can take advantage of preferential car loan programs with a 10% discount on the cost of the car:

• “Family car” (for citizens with two or more children);
• “First car” (for citizens buying their first car);

When signing a leasing agreement, it became possible to purchase a car with a 12.5% ​​discount according to the following programs:

• “Your own business”;
• "Russian tractor";
• "Russian farmer"

To determine the interest rate, you need to subtract 6.67% from the base rate offered by the bank. For example, a bank lends to car owners at 15% per annum. According to the state program, they receive a loan at 8.33% (15-6.67%).

According to statistics, the maximum rate on a preferential car loan, taking into account state support now stands at 13.33%.

Conditions of the government subsidy program

A feature of the new state car loan program is that there is no fixed list of cars that can be purchased. Previously, the Ministry of Industry and Trade approved a list of cars for which the Government allowed to take out a preferential car loan.

Today it is allowed to buy both a domestic car and a foreign car (not necessarily Russian assembly) . Meanwhile, you can get a preferential car loan for a car only if the car meets a number of conditions. Among them:

1. The car cannot be more expensive than 1.45 million rubles. (in 2016 – no more than 1.15 million rubles).
2. The car must be manufactured in 2016-2017 and has not previously been registered.
3. Only an individual can register.
4. Registration is possible without a down payment.
5. The maximum vehicle weight is 3.5 tons.
6. The loan applies only to the purchase of cars from official dealers.
7. The interest on the loan should not exceed 11% taking into account the discount.
8. Under preferential programs, you can take out a car loan for up to 3 years.
9. When registering, the buyer must provide the following documents:

• copies of passport;
• certificate or birth certificate of children;
• confirmation of purchase of 1st car.

The volume of car sales under the state lending program for 8 months amounted to about 180 thousand units. According to statistics from the Ministry of Industry and Trade, the most popular models were domestic cars Lada (with a share of over 30%), as well as Volkswagen, Hyundai, Nissan and Renault.

List of cars under the state car loan program

Thanks to preferential loans, you can purchase cars such as:

• Chevrolet (Niva and Cruz);
• Fiat (Albea, Ducato, Doblo);
• Ford Focus;
• Daewoo Nexia and Matiz;
• Citroen C4;
• Volkswagen Polo;
• KIA RIO and Ceed;
• LADA Granta, Kalina, Priora, Vesta, 4×4;
• Skoda Octavia, Fabia;
• Opel Astra;
• Toyota Corolla;
• Renault Duster, Sandero, Logan;
• Nissan Tiida, Almera;
• Hyundai Solaris;
• Mitsubishi Lancer;
• Volga;
• TAGAZ, UAZ Hunter, UAZ Patriot and GAZ.
• LADA-1117, LADA-1118, LADA-1119, LADA-2104, LADA-2105, LADA-2107, LADA-2111, LADA-2112, LADA-2112, LADA-2114, LADA-2115, LADA-2121, LADA- 2131, LADA-2131, LADA-2171, LADA-2172, LADA-2329

In total, up to 40-45% of cars are bought on credit today with government subsidies.

Requirements for borrowers

Banks can independently determine the list of requirements for car loan borrowers. The state imposes only two conditions:

• It is not ready to lend to people with bad credit history.
• The woman's child must be over 6 months old.

Thus, at Credit Europe Bank the minimum borrower age is only 18 years. In other banks, the age limit has been increased to 21 years (for example, in Expert Bank, Svyaz Bank, Unicredit Bank, Rusfinancebank, VTB 24) and even up to 23 years (Cetelem Bank). The age limit for obtaining a car loan at most financial institutions is 65 years. At Cetelem Bank it has been extended to 75 years.

Borrowers are usually required to have permanent residence in the place where they receive the car loan. Only a few banks provide the opportunity to obtain a loan to non-residents and persons without permanent registration under temporary registration. Among them: VTB24, Unicredit, Rosbank.

Financial organizations usually require that the borrower’s total length of service be no less than 1 year (at Zenit Bank no less than 2 years), and that the time spent in the last place be no less than 3 months.

As for the need to confirm income, many banks are ready to lend on two documents without 2-NDFL certificates. But subject to documentary evidence of financial solvency, borrowers can receive more favorable car loan terms (with reduced interest rates).

Conditions for car loans with government subsidies

The state regulates only two conditions for preferential car loans: the minimum down payment for them must be 20%, and the maximum loan term is 3 years.

All car loans presented on the Russian market can be divided into two large groups:

• requiring proof of income and employment(they have more favorable interest rates, but a rather long period for consideration of the application);

• express loans based on two documents without proof of income(issued with higher interest rates, but the application is processed quite quickly: within an hour).

Banks can independently set the size of the down payment. Most require a 20% down payment. Cetelem Bank has established increased requirements for the down payment: it must be at least 30% for programs without confirmation of income and 25% for programs with confirmation.

A car loan can be obtained for a period of at least 3 months, usually from 1 year.

Car loans with government subsidies without proof of income

Car loans that require proof of income are distinguished by a wide variety of loan offers.

State car loan program with income confirmation

The minimum car loan amount is usually RUB 100,000. At Rusfinance Bank the bar has been lowered to 50 thousand rubles. Rosbank does not issue car loans for less than 300 thousand rubles.

The state car loan program requires insurance of the collateral under the CASCO program. Some banking institutions give their clients the opportunity to include the cost of CASCO insurance in the loan amount. These include Expert Bank, VTB 24, Rosbank, Unicredit Bank and Rusfinancebank. Center-invest, VTB 24 and Union banks have programs that do not require CASCO insurance.

Most banks offer an annuity scheme to repay a government car loan. This means that the loan is repaid in equal monthly payments, consisting of principal and interest. At Gazprombank, the borrower can choose optimal scheme(differentiated or annuity).

Unicreditbank also provides loans with deferred payment, which can significantly reduce monthly payments. Wherein balance payment should not exceed 55% of the cost of the car.

Conclusion

The government subsidy program has worked well in supporting automakers and has helped stabilize the situation in the car market. Experts believe that without its extension to 2017, Russian market will be able to feel very negative phenomena, such as a decline in sales, suspension of production and closure of a number of dealership centers.

If you are interested in a car loan with state support in 2018, you will definitely need a list of cars and a calculator. Now this scheme is becoming increasingly popular among drivers. The reason for this demand is high rates in banks and difficulties in obtaining funds independently.

On May 11, 2017, the government decided to allocate an additional 10 billion rubles and extend the program until the end of 2017.

You need to understand what the state program of preferential car loans is in 2018, the list of cars and the main requirements that are presented under this program. It is also worth clarifying a number of features, conditions and list of banks.

Some features

First, let's figure out what the state car loan program for 2018 is; the list of cars will be presented below. The basis of this proposal is a subsidy for part of the interest rate from the state, as a result of which the additional burden on the borrower is reduced.

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The subsidy is calculated upon purchase; a special calculator can help with this; you just need to enter the parameters. The state takes on 2/3 of the Central Bank refinancing rate. The difference with bank interest is already compensated directly by the client.

An important advantage is that you can quickly buy a car and do not have to deal with paperwork for a long time. If the car fits the program and you have expressed your desire to use it, then financial institution will independently forward the information to government bodies and request the allocation of funds to compensate for interest.

Keep in mind that preferential car loans apply only to cars worth up to 1.45 million rubles (1 million rubles in 2015, 1.15 million rubles in 2016).

If the price of the car is higher, then, according to the state, the person is able to service the loan independently. The restriction was introduced in order to save the budget and help the maximum number of people buy a new vehicle.

In order to receive a discount from the state of up to 6.7%, you must meet a number of conditions:

1. Bid bank loan should not exceed 18% per annum.
2. The car can only be a 2017 or 2018 model.
3. When purchasing, you must provide a deposit and make an advance payment of at least 20%.
4. The term of the loan agreement must not exceed 36 months.

Program Goals

For what purposes was this program created?

1. The main goal is to make car loans more accessible. By compensating part of the interest rate, it is possible to reduce the overpayment.
2. Upgrading cars in Russia, which is one of the ways to reduce the number of accidents. The driver may refuse to use old car and choose the optimal replacement for it.
3. Stimulating the auto industry. The higher the demand for cars, the more funds companies receive, and they have the opportunity to develop production.
4. Market support in difficult times. From 2014 to 2016, there was a decline in sales in this sector. A negative situation may also be observed in 2018. Government support largely helped prevent the market from collapsing.
5. Help for the banking sector. The economic situation has a negative impact on it, the demand for lending is falling. Such a program made it possible to support many financial organizations and eliminate negative processes.

As you can see, one program has several important goals. According to experts, it is precisely this that stimulates demand in the market and has made it possible to bring domestic cars to leading positions in sales. Experts fear a possible cancellation of the proposal in the future, as this will lead to a further decline.

List of banks

In which banks can the registration be carried out? We offer you a small list of the most famous financial organizations:

1. One of the best conditions are provided at Sberbank.
2. "Svyaz-Bank"
3. "URALSIB".
4. "UniCredit Bank".
5. VTB 24.
6. Raiffeisenbank.
7. "BTA-Kazan".
8. "CREDIT EUROPE BANK"
9. and others

The list of organizations issuing funds under the preferential lending program may be slightly adjusted in the future. Often, when choosing a suitable car, dealers independently provide information about banks and will help you decide on the one that is most suitable for you.

List of cars

When developing the state car loan program for 2018, the list of cars was determined by specialists, taking into account certain features and the market situation. Initially, only the following can be included in the list: those cars that are produced by domestic factories, or manufactured by foreign companies in Russia. In the second case, the state supports concerns that develop their own lines in our country.

List of cars:

1. All models from VAZ.
2. Ford: Mondeo, Focus.
3. KIA: RIO, Cerato, Ceed.
4. Chevrolet NIVA.
5. Citroen C4.
6. Hyundai Solaris.
7. Volkswagen: Tiguan, Jetta, Polo.
8. Nissan: Almera, Tiida, Sentra, Terrano.
9. Renault: Duster, Sandero.
10. Skoda: Octavia, Yeti, Rapid.
11. Peugeot 408.
12. and others.

The list may be slightly supplemented and adjusted, depending on the current situation in the market. As you can see, it's really limited. domestic cars and models that are assembled in Russia. In this way, the state supports local production and increases competitiveness. Now car enthusiasts can save money when purchasing them on credit and get the most favorable conditions.

As was said, the maximum car loan amount for 2018 is 1.45 million rubles. This rule should be taken into account when registering, otherwise approval will not be carried out. If the car is within the threshold, then you can select the initial configuration and get into the program.

Another condition is that the borrower must pay a down payment of 20 percent. That is, if the car costs 1.45 million, then you need to pay 290 thousand. This advance was previously 30 percent, but it was lowered to make the program more affordable.

Other conditions:

1. The refund period can be up to three years.
2. The subsidy is provided only for new cars that were produced no more than a year before registration.
3. Weight no more than 3.5 tons.
4. It is mandatory to take out CASCO insurance, which covers all risks and reduces the possibility of loss of collateral.
5. You will not have to pay additional fees to the bank for registration.

Requirements for the borrower

Now you know how state support for car loans is provided in 2017, a list of cars and banks. But there are also requirements for the client, which are quite standard for financial organizations:

• The client's age is from 21 to 65 years at the time of repayment.
• Availability of registration in the region in which the purchase is made.
• Women should not have children until six months of age.
• The total work experience is from one year, in the last position - from three months.
• Having a positive credit history, you should not have debts or serious overdue loans.
• Confirmation of income using a 2-NDFL certificate.

The list of documents familiar to large banks:

1. Client's passport.
2. Certificate of income.
3. Work book with notes.

Review of your application may take some time. The decision is made directly by the financial organization, but the presence of government support significantly increases the chances. After approval, you sign an agreement, the bank independently submits documents for the allocation of a subsidy, and you can pick up the car from the showroom.