Consumer credit

We have different dreams and different needs, sometimes they are smaller and sometimes bigger. When You need money to make them true it is worth taking a consumer credit - You could use it for a pair of glasses, washing machine, computer, flat repair works, holidays, car and for other needs.  

Benefits

  • You can borrow from 30 to 18 000 euros.
  • A process of the consumer credit issue is simple and convenient.
    •      you may apply for a credit via SB Linija by submitting this query and in customer service points of Šiaulių Bankas;
    •      a preliminary answer whether a credit will be granted  will be provided immediately;
    •      upon signature of the credit agreement, money will be transferred to Your bank account on the same day.
  • You do not have to pledge your property
  • You may repay your consumer credit before the maturity.

Figure out, choose and contact

A consumer credit can be issued to adult citizens of the Republic of Lithuania or individuals who have a permit for permanent residence in Lithuania issued by the Migration Service under the Ministry of the Interior of the Republic of Lithuania and receive regular income.

SB LIZINGAS CONSUMER CREDIT (from 30 to 1500 euros) for smaller needs and purchases
CONSUMER CREDIT OF ŠIAULIŲ BANKAS ( from 1501 to 18000 euros) - for larger purchases and services.
CONSUMER CREDIT OF ŠIAULIŲ BANKAS WITH INSURANCE (from 1501 to 18 000 euros) - for those who want to protect their family income.

Major conditions of the SB Lizingas consumer credit

Currency

Euro

Credit amount

From 30 to 1 500 euros

Repayment date

From 3 to 60 months

Interest rate

 The annual interest rate shall be determined according to assessment of your financial feasibility.

Repayment

  • Repayment of the credit starts immediately.
  • The credit will be repaid according to the annuity method - every month you will pay the same amount, which consists of the repaid part of the loan and monthly interest.
  • You will be able to choose the most appropriate day for the credit repayment.
  • The instalments can be paid
    • by selecting an automated settlement of e-invoice (which can be ordered via SB Linija or in the customer service point of Šiaulių Bankas);
    • via SB Linija by making transfer to account of SB Lizingas UAB. 
    • in cash

Requirements to the Borrower

  • You need to receive regular income for  at least last 4  months.
  • Your labour contract has to be indefinite or its period has to be not shorter than the credit maturity.
  • Probationary period has to be finished or not defined in the labour contract.
  • Past due  debts and liabilities with the banks, leasing companies, other creditors, companies rendering utility and communication services cannot exceed the period of 30 days and EUR 3.

 

SUBMIT A QUERY and we will contact You.

  • Housing repair works, furniture, household appliances, medical expenses, journeys and similar needs.
  • You can select a consumer credit of Šiaulių Bankas either without life insurance or with life insurance.

Major conditions of the Šiaulių Bankas consumer credit

Currency

Euro

Credit amount

From 1,501 to 18,000 euros

Repayment date

From 6 to 60 months

Interest rate

A fixed interest rate shall be established individually according to the assessment of Your financial feasibility and loyalty to the bank.

Repayment

  • Repayment of the credit will start no later than one month after signing the agreement.
  • The credit will be repaid linearly, i.e.  in equal instalments while interest will be calculated from the outstanding credit amount therefore your instalments will be getting smaller each month.
  • Payment can be made on 5th, 10th, 15th or 25th day of the month.
  • Credit instalments will be debited from your bank account every month.
  • You will be able to repay the total credit or its part prior to its maturity free of charge by informing the bank 5 business days in advance.

Requirements to the Borrower

  • You need to receive regular income for at least last 4  months.
  • Your labour contract has to be indefinite or its period has to be not shorter than credit maturity.
  • Probationary period has to be finished or not stated in the labour contract.
  • If a consumer credit amount is EUR 6000 and more You or Your spouse must own some real estate.

 

SUBMIT A QUERY and we will contact You.

Taking a consumer credit of Šiaulių Bankas you may also take care of and allow your family to avoid repaying the credit in case of your death.

In case of choosing a consumer credit of Šiaulių Bankas with insurance:

  • while concluding a credit agreement You will have to pay a one-time insurance premium and to insure the borrower's life, therefore in case of his death the outstanding portion of the credit will be covered by the insurance company. 
  • the conditions of the consumer credit of Šiaulių Bankas shall apply (see Consumer credit of Šiaulių Bankas).

Take advantage of this opportunity to borrow practically and responsibly and You will be much calmer about your family's future.

Major insurance conditions

Insurance premium

It is a one-time premium which is calculated individually depending on the insured person's (borrower's) age, credit amount and its maturity.

Insurance amount

An insurance amount of the insurance policy conclusion day shall be equal to the amount of the received credit, later - to the outstanding portion of the credit (it shall be recalculated on monthly basis according to the credit repayment schedule).

Insurance benefit

It is equal to the insurance amount, however, it cannot exceed, the outstanding credit amount under the credit repayment schedule.

Insurance event

Death of the insured person over the period of insurance.

If the Credit is repaid earlier

You would receive a refund for a portion of insurance premium for the remaining period of time after deducting agreement conclusion and execution expenses (25 per cent).

More information

Terms and Conditions of the Consumer Credit with Insurance (PDF)


This life insurance service is rendered by the life insurance company Bonum Publicum UAB.

SUBMIT A QUERY and we will contact You.

What documents should be provided applying for the consumer credit?

Major documents

  • Documents proving Your and Your spouse's identity (a passport of a citizen of the Republic of Lithuania, personal identification card or a permit for permanent residence in Lithuania issued by the Migration Service under the Ministry of the Interior of the Republic of Lithuania).
  • Apply regarding a credit of Šiaulių Bankas (with insurance or without insurance).

Additional documents

Document supporting received income

  • Certificate about the last 6 month salary (on the employer's headed form, signed by the head of the company and sealed by the CFO)
  • Labour contracts
  • An income declaration confirmed by the State Tax Inspectorate in case you are a private enterprise owner.
  • Author's contracts if part of your income is received under this type of agreements.
  • Other certificates or documents supporting Your family's income.

Documents proving the current financial liabilities

  • The copies of Your Your spouse's agreements (credit, leasing, insurance agreementa, agreements on alimony benefits, etc.) defining your and your spouse’s financial obligations to natural and legal persons;

Depending on the situation, we may ask You to provide more documents.

Where to apply for a consumer credit?

Fill a consumer credit application:

If You would like us to contact You regarding a consumer credit please fill in the query. In case of any queries, do not hesitate to contact us by tel. tel. 1813 (calling from abroad +370 37 301 337 ) or e-mail to klientai@sb.lt

We would like to draw Your attention that a  total amount of the monthly instalments paid by You to various credit institutions should not exceed 40 per cent of  Your total net income received per month.

Using financing services you accept financial liabilities. Before granting a credit the bank shall take into consideration your income and current liabilities. Please borrow responsibly as a failure to fulfil financial liabilities can negatively impact  Your credit history and increase the borrowing costs.

GENERAL CREDITING CONDITIONS FOR NATURAL PERSONS