It is one of the largest banks in Russia. Previously, the main office was located in Moscow, but since 2008 it has been moved to Novosibirsk. In the same year, it was merged with another large bank, after which its indicators increased significantly.
MDM Bank works with individuals and legal entities, providing them with a wide range of services. In addition to standard offers, clients can use less common services, for example, in the field of leasing. The bank is also actively involved in the securities market.
The financial organization has many regular customers, including large and small businessmen. Among them, it is popular due to its large geographical coverage. The bank has 23 branches, a large number of offices and cash desks. The bank also has a representative office in Beijing.
1. Contributions. To date, MDM Bank has 6 active offers on deposits. You can put your own funds in the bank at interest, the amount depends on the chosen program. The minimum interest rate is 0.5%, and the maximum is 9.8%. Deposits can be made from several days to several years. Interest can be calculated both daily and at the end of the term, depending on the terms of the deposit.
2. Car loans. MDM Bank issues car loans for both domestic and foreign cars. Interest rates for cars of a domestic manufacturer are slightly lower, from 13.5% to 16.5% per annum. For foreign cars — from 13.5% to 17.5%. There are restrictions regarding the minimum cost of a car; it cannot be cheaper than 1 million rubles.
3. Consumer loans. If the client meets the requirements of the bank, he can get a consumer loan, according to one of two available programs:
— Cash loan. Annual interest rate of 13% for up to 5 years. The minimum loan amount is 30,000 rubles. The loan can be used for any purpose. You can repay the entire amount in full, or in parts;
— Standard program. The conditions are almost the same as in the above program, only the annual interest rate is increased to 14.5%.
4. Mortgages. MDM Bank issues a loan for the purchase of a finished apartment. The annual interest rate is 14.99%. The minimum amount is 100,000 and it is issued for a period of up to 5 years. To approve a mortgage loan, you must pay a minimum down payment of 10%. The mortgage can be repaid only in equal installments, early repayment is not provided.