Navigate to main page content
PrivateBusiness

Credit line

If you are not yet a customer of Swedbank, Credit line application fill in here.

A loan for making your plans come true

The credit line is a good solution when you need money for somewhat larger urgent purchases or a long-cherished plan. It is also the ideal option if you intend to use the required amount gradually, in parts.

  • The amount of the credit line is between 1000 EUR and 12 000 EUR, however not more than an equivalent of 3 salaries.
  • Money is available in the account right after setting up the contract.

Steps towards receiving credit line

  1. Fill out the credit line application via Internet Banking or at any branch.
  2. After submitting your application, a bank employee will contact you in 2 business days' time to arrange the next steps.
  3. Sign the credit line agreement on the Internet Banking site.
  4. After signing the agreement, the money will be transferred to your account at Swedbank.
  5. Congratulations! Now you can materialize your plans.

Eligibility criteria

  • Passport (if not in possession of account with Swedbank);
  • At least 18 years of age;
  • Regular income of at least EUR 500 a month after taxes;
  • Positive credit history (if any loans have been taken out in the past);
  • Total monthly loan payments do not exceed 30% of the total monthly income;
  • Customers who, at the time of issuing the loan, do not receive their income in their account with Swedbank, must ensure, within the following 3 months, that salary or funds equivalent to their salary are transferred to their account at Swedbank.

How do repayments work?

If the client takes a credit line on 1 March 2015 for a one-year period the client can use the credit limit agreed on at their own disposal for the entire year. If the client does not want to extend the contract at the end of February next year or if the client no longer meets the contract requirements, the loan usage period ends on 28 February 2016 and the repayments shall begin in March. If the credit limit is €4,800 and the repayment period is the maximum length, i.e. 48 months, the monthly repayment is €100. That is so even if by the end of the loan usage period only a part of the credit limit has been used. If the client used €2000 from the €4800, the option to use the rest of the €2800 will be closed and the €2000 is going to be repaid. The €2000 in use is divided with the €100 repayment calculated before and the result is a repayment period of 20 months. The first month the limit is €2000, the second month €1900, etc. - the limit shall decrease by €100 each month during the 20 months. If the entire residual credit limit is in use on the repayment day, then the €100 repayment shall be withheld from the client's current account. If the credit sum is not in use then the limit on the credit account will simply be reduced by €100. If only €50 is not used from the credit limit then the limit shall still be reduced by €100: 50 from the credit account and 50 from the current account.

After the repayment of the principal amount of the loan, the interest and/or commitment fee must also be paid. These are always withheld from the client's current account. The interest is calculated from the used credit limit, the commitment fee from the sum that is not in use, but which the client can use as a loan.

The credit line agreement shall terminate, after the client has repaid the entire used loan sum, interest and commitment fee.

Service Price, EUR
Receiving
Setting up and disbursement of credit Easier via Internet Banking 2% of the amount. min. 25.00 The fee is withheld from the amount of credit granted.
Disbursement of additional amount Easier via Internet Banking 2% of the amount. min. 25.00
Using
Interest rate From 19% per annum The interest rate is set for each customer individually and interest accrues on the credit line limit in use.
Commitment fee 1.2% per annum Charged on the credit line limit not in use.
Change of monthly payment date Best value via Internet Banking 0.00 - 7.00

Via Internet Banking - 0.00

At branches - 7.00

Other changes in credit agreement without disbursement of additional amount (incl. restructuring) Easier via Internet Banking 25.00
Early partial repayment of credit Easier via Internet Banking Free of charge No fee will be charged if no other changes are made in the credit line agreement.
Closing
Full early repayment of the credit Easier via Internet Banking Free of charge

Effective from 18.04.2017.

Service Price, EUR
Using
Interest rate From 20% a year The interest rate is set for each customer individually and interest accrues on the credit line limit in use.
Annual fee for using the credit line 7.11 On each anniversary of the agreement, the annual fee is debited from the account in which the credit was disbursed.
Change of monthly payment date Best value via Internet Banking 0.00 - 7.00

Via Internet Banking - 0.00

At branches - 7.00

Other changes in the credit agreement Best value via Internet Banking 7.00 - 14.00
Early partial repayment of credit Easier Internet Banking Free of charge No fee will be charged if no other changes are made in the credit line agreement.
Closing
Full early repayment of the credit Easier Internet Banking Free of charge

Effective from 18.04.2017.

Contacts

Useful links

 

Suggestions for financial stability during the period of loan

  • Borrow reasonably. Before committing yourself to a loan, assess your capabilities to repay the loan and think about how the monthly payment could affect your day-to-day living.
  • Make your monthly payments on time. Each day of delay in loan repayments affects your credit history. This may make it more difficult for you get a loan in the future.
  • Create some cash stash. This will serve as a safety net in unexpected situations.
  • Have your salary and other income transferred to your Swedbank account - entrusting your finances to Swedbank will guarantee you better terms and conditions on our banking services.
  • If the date when you receive your regular income changes, make sure you also change the date of your monthly payments.

Filling out the application on the Internet Banking site is convenient and very simple!

You only need to do a couple of things - fill out the mandatory fields on the application form and send the application.

To fill out the application, follow these steps:

  1. Enter information about the credit (purpose, amount, repayment period, monthly payment).
  2. Enter information about your income.
  3. Enter your contact details.
  4. Send application to the bank.

After receiving your application, a bank employee will contact you to arrange the next steps.

Swedbank logo

Jūsu Internet Explorer pārlūkprogramma netiek atbalstīta.

Lūdzu izmantot Google Chrome, Mozilla Firefox vai Microsoft Edge pārlūkprogrammu.

Ar 23.03.2021. Swedbank internetbanka vairs nav pieejama, izmantojot Internet Explorer tīmekļa pārlūkprogrammu.

Tāpat nav iespējams apstiprināt Swedbank maksājumus citās vietnēs, kā arī izmantot Swedbank autentifikāciju, piemēram, latvija.lv.

Turpmāk iesakām izmantot Google Chrome, Mozilla Firefox vai jaunāko Microsoft Edge versiju. Uzziniet, kā uz sava datora uzstādīt kādu no minētajām pārlūkprogrammām, šeit.

С 23.03.2021 Интернет-банк Swedbank недоступен в браузере Internet Explorer.

С помощью Internet Explorer невозможно авторизоваться или осуществлять платежи через Swedbank на сторонних веб-страницах.

Вместо браузера Internet Explorer мы рекомендуем использовать браузеры Google Chrome, Mozilla Firefox или Microsoft Edge. Инструкции по установке упомянутых браузеров можно найти здесь.

From 23.03.2021 Swedbank Internet Bank and Banklink is no longer available using Internet Explorer browser.

It is not possible to authorize or make payments from Swedbank on other web pages using Internet Explorer.

Instead, we suggest using Google Chrome, Mozilla Firefox or the newest version of Microsoft Edge. To find out how to install the suggested browsers, please click here.

Klientu serviss - Инфо и помощь - Customer service: +371 67 444 444

Swedbank
  • Jūsu ierīces operētājsistēma un pārlūkprogramma ir novecojusi un netiek atbalstīta Swedbank internetbankas lietošanai. Aicinām vērsties pie Jums uzticama IT atbalsta, lai saņemtu konsultāciju un veiktu atbilstošu operētājsistēmas un pārlūkprogrammas atjauninājumu.
  • The operating system of your device & your browser are too outdated to be supported by Swedbank Internet Bank. Please, update the operating system & browser or turn to IT specialist for technical help.
  • Ваш браузер или операционная система недостаточно современны для использования в интернет банке Swedbank. Пожалуйста обновите операционную систему и браузер или обратитесь за технической помощью к ИТ специалисту.

Thank you for the visit!

For security reasons, please close the browser window!

logo

Agreement fee €0!

Choose a loan that suits you and fulfil your wishes

Special offer: Small loan, Car loan, and Home Small loan agreement fee – 0 EUR*

  • With our new loan calculator, you can compare different loans and find one that suits you
  • A better interest rate for environmentally friendly cars, solar panels, and energy efficient home renovation

* Offer valid until 31.05.2021