"Installment+"

Need money for purchases, repairs, vacations, or other expenses? With Installment+, you can quickly get the desired amount on your card and use it for any consumer needs

Apply for credit

Benefits

Always know your payment

A fixed commission of 1.99% per month — you know the exact payment amount and can easily plan your budget

Flexible term

Loan term from 3 to 24 months — choose the option that suits you best

Convenient repayment without hassle

Automatic payment deduction from your card one day before the due date — just keep the required amount on your account

Manage your installment plan with ease

Early repayment and payment schedule under control on your smartphone

Installment+

Loan amount

from 1,000 to 200,000 UAH

Commission

1.99% per month on the initial loan amount

Term

from 3 to 24 months

How to get installment?

Download the MyRaif app
Complete a short registration
Go to the “Loans” tab and check if a credit offer is available for you
Review the terms and apply for the loan — funds will be credited to your card within minutes

Already a Raiffeisen client? It’s even easier: open the MyRaif app, go to the “Loans” section, check your available amount, and apply for a loan in just a few clicks.

Download application

Borrower requirements:

Age:

from 21 to 62 years at loan repayment date

Work experience:

more than 1 month at current job

Ukrainian citizenship

Permanent residence in Ukraine

Stable monthly income

What is Installment?

Installment is a type of consumer loan provided by the bank for a fixed term to purchase goods, services, or for other personal purposes. You can apply for an installment plan online through the MyRaif mobile app — in just a few clicks.

Important:
The loan is not intended for business or professional purposes.
Raiffeisen Bank preliminarily assesses your creditworthiness.
In case of early loan repayment, the loan commission does not decrease and must be paid in full.
There is no commission for partial or full repayment or cash withdrawals.

Warning to individual customers when using the Installment + consumer credit service

The service of JSC Raiffeisen Bank (hereinafter - the Bank) providing consumer loans under the Installment + lending program is provided by the Bank to individual clients under the terms of the Banking Service Agreement.

The banking service agreement (hereinafter - the Agreement) is an accession agreement (Article 634 of the Civil Code of Ukraine) and consists of a public offer, a statement of acceptance of a public offer/agreement, "Rules for banking services for individuals in JSC Raiffeisen Bank, the Bank's tariffs and an application for granting loan Installment +.

In case of non-fulfillment or improper fulfillment by the client of the credit obligations established by the Agreement, the client bears responsibility in accordance with the legislation of Ukraine and the terms of the Agreement.

Thus, for late payment by the client of any monetary obligations under the loan, the client must pay, at the request of the Bank, a penalty in the amount of 1% (one percent) of the amount of the overdue payment for each calendar day of the delay. The amount of such a penalty cannot exceed double the NBU accounting rate that was in effect during the period for which the penalty is paid, and cannot be more than 15% of the overdue payment amount. The cumulative amount of the penalty charged for breach of the Client's obligations under the Credit cannot exceed half of the amount of credit funds received by the Client in accordance with the Application - Agreement, and cannot be increased by agreement of the Parties.
The aggregate amount of penalties and other payments payable by the Client for breach of his obligations under the Credit, the total amount of which does not exceed the amount of one minimum wage, cannot exceed the amount of twice the amount of credit funds received by the Client in accordance with the Application-Agreement, and not may be increased by agreement of the Parties. If the Client fails to fulfill his obligations under such a Loan, the total amount of which does not exceed the amount of one minimum wage, the interest rate under the Loan, the procedure for its calculation, the procedure for paying interest cannot be changed to the detriment of the Client.
The penalty is calculated starting from the next calendar day after the date when the corresponding monetary obligation was to be fulfilled, and until the day of the Client's fulfillment of the overdue obligation, inclusive.

The Bank is prohibited from requiring the client to purchase any goods or services from the Bank or a related or related person as a prerequisite for providing a consumer credit service (except for the provision of a package of banking services).

The Bank does not have the right to unilaterally make changes to the Installment + loan application concluded with the client, unless otherwise established by the Agreement or the law.

The client can refuse to receive advertising materials through remote communication channels.

Documents

Standard form of Application-Agreement for the provision of Installment+ Credit

Information on the essential terms of the Installment+ consumer credit service

Important and useful information

Information about service

Information about service "Installment+"

What loan amount can be applied for?

From 1 000 to 200 000 UAH within the available credit limit. The available limit is individually calculated for each client based on the Bank’s internal criteria and shown in the MyRaif app under "Loans"

Terms and amount of the loan origination fee

Loan origination fee — a commission calculated at loan issuance and paid monthly by the client (as part of the monthly payment). The fee amount is fixed and does not depend on the actual loan usage period or early repayment. The loan origination fee is 1.99% per month of the initial loan amount.

Can Installment+ be prepaid?

Yes. You can fully or partially repay Installment+ early at any time. Note that the loan commission is calculated for the full loan term when issuing Installment+, so in case of early repayment, it is not recalculated and must be paid in full.

For example: if you take an installment plan for 8 months but repay it in 7 months, the commission will be charged for 8 months.
Information about the prepayment amount is available in the mobile app MyRaif

On the right of the consumer to refuse the consumer loan agreement

The client has the right to withdraw from the consumer credit service within fourteen calendar days from the date of signing the Application-Agreement without giving any reason, including if the client has already received the loan funds.
The client must notify the bank of their intention to withdraw from the service in writing/paper form. Within seven calendar days from the date of submitting the written withdrawal notice, the client is obliged to return the funds received under the Application-Agreement to the bank and pay interest for the use of the loan from the day the loan was granted (inclusive) until the day of repayment at the agreed rate, as well as the loan origination fee.

Terms of early termination of loan agreement:

The loan (credit) service is provided under the terms of the Banking Service Agreement, which consists of a public offer, application for acceptance of the public offer / agreement, Rules of banking services for individuals in Raiffeisen Bank JSC (hereinafter - the Rules), lender's tariffs.

The Agreement may be terminated by agreement of the parties, at the initiative of one of the parties or in cases provided by the legislation of Ukraine.

The Bank has the right to initiate the termination of the Agreement in the presence of one of the following circumstances: breach by the client of its obligations to the Bank under the Agreement or other agreements; in case of carrying out by the client and / or on the accounts of the client of the forbidden (forbidden) operation (s) or operation (s), which contain features that are subject to financial monitoring; the occurrence of circumstances that are grounds for termination of the Bank's provision of services provided by the Agreement to the client; closing all client accounts opened under the terms of the Agreement; absence of the fact of using the Bank's services provided by the Agreement.

In case of termination of the Agreement at the initiative of the Bank, the Bank shall terminate the provision of services under the Agreement from the date of sending the relevant notice to the client (or within another period provided by the notice).

How easy to repay Installment+?

Choose the most convenient way for you there

Debt restructuring

«"Information in compliance with the requirements of the 'Regulation on the requirements for lenders, new creditors, collection agencies, and their activities in managing overdue debt,' approved by the Resolution of the NBU Board dated July 9, 2021, No. 79"»

How is the monthly payment calculated?

The monthly payment is calculated individually for each client and depends on the loan amount and term.

Why is there no loan offer in the app?

It may take some time for the system to update the information. There is also a possibility that you temporarily do not meet the loan eligibility criteria. We recommend waiting or checking the offer later.