Мигрант кредит: займы СНГ. ММС 1.0.2

The application "Migrants' Credit: Loans for CIS Countries. MMS" is a tool designed for quick and convenient online registration and receipt of loans, credits, and debit cards for foreign nationals.

Users can select a debit card from Sberbank or Tinkoff entirely online. There is no need to visit a bank branch, saving valuable time by completing the process digitally.

What is the purpose of a debit card for a migrant worker? It facilitates international money transfers via phone number, allowing for fee-free transactions up to 20,000 ₽ to countries such as Abkhazia, Armenia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. Within Russia, transfers of any amount between accounts are provided free of charge.

Paying for patents is simplified: to extend your patent quickly, you can fill out an online form on the Migration Center's website and provide your Tinkoff card details. If you have a receipt, it can be paid using a QR code.

Receiving a legal salary is straightforward with Tinkoff Black or Sberbank cards. Salary payments from employers can be credited directly by submitting an application for salary transfer to the company's HR or accounting department.

For self-employed individuals, both Tinkoff and Sberbank Online automatically transmit income data to tax authorities.

The app features a unique currency exchange market function on the card, offering comprehensive information about exchange rates from leading banks like Tinkoff, Sberbank, LokoBank, Alfa Bank, among others. It guides where to buy or sell cash currencies (USD and EUR) in Moscow and Saint Petersburg.

By enabling location services, the application displays the best buy and sell rates at nearby banks for active currency exchange transactions.

The loan calculator allows users to input basic data to estimate interest rates, total repayment amount, and loan terms. The calculation can be saved and shared. It provides an exact payment schedule, including monthly installment amounts, interest in monetary value, and principal debt—crucial details to identify the most favorable loan offer from banks like Azia Kredit, M Bulak, MKC Baybol.

Loans and credits tailored for citizens of CIS countries are accessible in just a few steps. Simply click “More details” to review all available offers, including interest rates, payment options, monthly amounts, and loan durations.

"Migrants’ Credit: Loans for CIS Countries" (MMS) is recognized for:

• Providing quick loans and credits for citizens of CIS nations such as Kyrgyzstan, Tajikistan, Uzbekistan, and others;
• A currency exchange market on the card—enabling purchases and remittances;
• Debit cards designed for foreigners—helping to save and grow funds.

Conditions for obtaining a loan include:

• Minimum repayment period: 92 days;
• Maximum repayment period: 365 days;
• The annual percentage rate (APR) encompassing interest and all fees ranges from 1% to 32%;
• Daily interest rates vary from 0.01% to 1%;
• Late payment penalty: 0.1% of overdue amount per day, capped at 10% of the total loan;
• No additional fees or charges are applied.

An example of interest calculation:

1. Principal amount: 20,000 rubles;
2. Loan term: 100 days;
3. Interest fee: 0.08% per day (~16 rubles daily), totaling approximately 480 rubles monthly;
4. Total interest over 100 days: approximately 1,600 rubles;
5. Total repayment sum: about 21,600 rubles;
6. The effective annual rate (FLC): approximately 29.2% APR.

If repayment is late, the penalty can amount to 0.1% of the overdue sum daily but will not exceed 10% of the total credit amount.