BANK-now credit requirements in Switzerland
Before applying for a loan, many prospective borrowers want to know what the requirements are for a loan from BANK-now apply. As loans represent a long-term financial commitment, banks scrutinise every application very carefully.
The requirements are based on both the bank's internal guidelines and the legal requirements of the Swiss Consumer Credit Act. The aim of these checks is to ensure that borrowers can pay their monthly instalments in the long term.
If you first want to get an overview of the BANK-now credit in Switzerland can find more information here. Apply for a BANK-now loan in Switzerland - requirements, process and loan amount explained
Basic requirements for a BANK-now loan
Several basic criteria must be met before a loan can be checked.
| Prerequisite | Explanation |
|---|---|
| Minimum age | at least 18 years |
| Residence | Switzerland |
| Income | regular income |
| Creditworthiness | Positive credit check |
In addition to these basic requirements, the bank also checks other factors such as existing obligations, marital status and stability of the employment relationship.
Income and financial situation
Income is one of the most important factors in the credit check. Banks must ensure that borrowers can pay their monthly instalments in the long term.
| Income | Credit opportunity |
|---|---|
| Stable income | Good opportunities |
| Fluctuating income | Limited opportunities |
| Very low income | Usually no authorisation |
As part of the creditworthiness check, it is calculated whether the loan instalment would be affordable even if it were repaid within 36 months. This calculation is required by law.
More information about the Consumer Credit Act can be found here.
Which groups of people can obtain a loan?
A loan from BANK-now can in principle be possible for different groups of people.
Swiss citizen
Swiss citizens often have a very good chance of being approved for a loan, provided they have a stable income and a positive credit rating.
Credit with a B permit
People with a B residence permit can also obtain a loan. In practice, however, many banks require
- At least 24 months residence in Switzerland
- a stable employment relationship
Credit with a C permit
People with a C permit usually have similar opportunities to Swiss citizens, as this residence permit is considered permanent.
Credit for Cross-border commuters with a G permit
Cross-border commuters can also obtain a loan under certain conditions. In many cases, the following requirements apply:
- At least 3 years G permit
- at least 3 years with the same employer
As only a few banks offer loans for cross-border commuters, a professional check makes particular sense. Everything about the BANK-now personal loan Switzerland - application, interest rates and chances of approval
Documents for a loan application
The bank requires various documents for the credit check.
| Document | Purpose |
|---|---|
| Copy of identity card | Identity check |
| Payroll accounting | Proof of income |
| Health insurance bill (only on request) | Financial situation |
| Rental agreement or mortgage agreement | Cost of living calculation |
These documents enable the bank to make a realistic assessment of the financial situation.
Duration of the credit check
| Step | Duration |
|---|---|
| Credit application | a few minutes |
| Preliminary examination | a few hours |
| Credit decision | 1-2 days |
| Statutory waiting period | 14 days |
| Payout | immediately afterwards |
The statutory waiting period in the Swiss Consumer Credit Act regulated. Loan amounts in excess of CHF 80,000 can be paid out immediately, as they are not subject to the Credit agreement are subject to. Therefore, these are often considered instant loans.
Important information on BANK-now loans
Why a professional credit check makes sense
Many prospective borrowers submit their loan application directly to a bank. The problem with this is that every loan application is registered with the ZEK.
A structured loan comparison can therefore be useful, as it first checks which banks are generally eligible.
More information about the best credit in Switzerland can be found here.
The requirements for a loan from BANK-now depend on various factors. A stable income, a positive credit rating and a long-term sustainable budget are particularly important.
credXperts supports prospective borrowers in finding suitable financing and avoiding unnecessary loan rejections. Compare BANK-now Credit Switzerland - conditions, terms and requirements
More detailed requirements for a BANK-now loan
In addition to the general criteria BANK-now When applying for a loan, the credit officer will look very closely at your professional situation and the stability of your income. Additional requirements apply, particularly in the case of temporary employment or self-employment.
These checks serve to ensure that a loan is sustainable in the long term and does not result in over-indebtedness.
Loan for employees with a permanent employment contract
Employees with a permanent employment contract generally have the best chances of being approved for a loan. Banks consider a stable employment relationship to be an important factor when assessing creditworthiness.
Typical requirements are
| Prerequisite | Explanation |
|---|---|
| Minimum employment | Usually 3-6 months with the current employer |
| Income | regular income |
| Creditworthiness | No negative entries |
| Budget | Sufficient disposable income |
If these requirements are met, even large-scale credit amounts possible. How does a BANK-now loan application in Switzerland work step by step?
Credit for Temporary employees
Temporary employment relationships are generally viewed more cautiously by banks. Nevertheless, a loan may be possible if certain conditions are met.
Particularly important here is the Stability of the employment relationship via the temporary office.
Typical requirements are
| Prerequisite | Explanation |
|---|---|
| at least 12 months with the same temporary office | even if locations change |
| verifiable applications | Continuous employment |
| at least 6 payslips | Proof of income |
| Stable credit rating | No negative entries |
It is important to note that the place of work can change as long as the employment relationship runs through the same temporary office. Requirements for a BANK-now loan in Switzerland for Swiss nationals and residence permits
Example of temporary employment
| Situation | Valuation |
|---|---|
| 14 months at the same temporary office | possible |
| several locations | No problem |
| 6 payslips available | sufficient |
| Stable credit rating | Good opportunities |
In such cases, financing may well be possible.
Credit for Self-employed
In principle, self-employed people can also obtain a loan. However, banks usually require significantly more proof of the financial situation.
The most important prerequisite is a sufficiently long period of business activity.
| Prerequisite | Explanation |
|---|---|
| at least 24 months self-employed | Stable business activity |
| Tax assessment available | Proof of income |
| positive credit rating | No negative entries |
| Stable income | Regular income |
Tax assessment for self-employed persons
For self-employed applicants, the tax assessment is one of the most important documents for the credit check.
One important rule applies here:
➡ The tax assessment must not not be older than 11 months.
This means:
| Tax year | Date of assessment | valid for credit check |
|---|---|---|
| Tax year 2022 | Assessment issued 11.05.2025 | valid until 11.04.2026 |
Even if the assessment relates to an older tax year, it is accepted as long as it is was issued less than 11 months ago. BANK-now financing Switzerland - loan options, requirements and procedure
Examples of credit checks
Practical examples help to better understand the requirements.
Example 1 - Employee
| Situation | Valuation |
|---|---|
| Permanent position for 2 years | Very good opportunities |
| Income CHF 5,500 | sufficient |
| No existing loans | Positive |
➡ Credit very likely possible.
Example 2 - Temporary employee
| Situation | Valuation |
|---|---|
| 13 months at the same temporary office | sufficient |
| several locations | Accepted |
| 6 payslips available | Positive |
➡ Credit may be possible.
Example 3 - Self-employed person
| Situation | Valuation |
|---|---|
| Self-employed for 30 months | sufficient |
| Tax assessment available | Positive |
| Stable income | Good opportunities |
➡ Credit check possible.
Why precise testing is important
Banks like BANK-now have many years of experience in the Swiss consumer credit market and use detailed models to assess credit risks.
This allows loan applications to be assessed in a differentiated manner. Instead of only applying rigid criteria, individual factors such as length of employment, income or stability of the employment relationship are taken into account.
Especially in cooperation with credXperts, loan applications can be prepared in a structured manner, which often improves the chances of loan approval. Apply for a BANK-now loan with a B permit, C permit or as a cross-border commuter
Why a professional credit check makes sense
Many loan applications are submitted directly to a bank. The problem with this is that every enquiry is registered with the ZEK.
A structured check via credXperts can therefore bring advantages:
- Analysing the individual situation
- Selection of suitable banks
- Support with the application
- Higher chances of approval
This helps to avoid unnecessary rejections.
FAQ - BANK-now loan requirements
What are the basic requirements for a loan from BANK-now?
So that a loan with BANK-now applicants must fulfil several basic criteria. These include, above all, permanent residence in Switzerland, a regular income and a positive credit rating.
In addition, banks also check other factors such as the stability of the employment relationship, existing loans or leasing contracts and the monthly cost of living. As part of the so-called creditworthiness check, it is calculated whether the monthly loan instalment is sustainable in the long term.
This check is required by law and is based on the provisions of the Swiss Consumer Credit Act. BANK-now Credit Switzerland - Application and credit conditions at a glance
Can temporary employees get a loan?
Yes, temporary employees can also obtain a loan in principle. However, stricter requirements apply in practice than for permanent employment.
Banks pay particular attention to a certain degree of stability in the employment relationship. In many cases, the applicant is required to have at least has been employed by the same temporary office for 12 monthseven if the locations have changed during this time.
In addition, several payslips must normally be submitted so that the income can be traced.
What conditions apply to temporary employees?
In the case of temporary employment, banks usually require several proofs of stable employment.
Typical requirements are
- at least 12 months at the same temporary office
- at least 6 Pay slips as proof of income
- Regular assignments via the temporary office
- Stable credit rating without negative entries
The place of work can change as long as the employment relationship runs through the same temporary office and the income is continuously verifiable.
Can self-employed people get a loan from BANK-now?
In principle, self-employed people can also obtain a loan, provided their business activities are sufficiently stable. Banks check the financial situation particularly carefully and require additional documents.
In practice, many banks expect the self-employed activity to have been in existence for at least 24 months exists. This is intended to ensure that the company is economically stable and generates a regular income.
In addition to the duration of self-employment, sales development, creditworthiness and existing tax documents also play an important role.
Which tax documents are required for self-employed persons?
For independent applicants, the Tax assessment one of the most important documents for the credit check. It serves as official proof of income and financial situation.
One important rule applies here:
The tax assessment may not be older than 11 months.
One example:
| Tax year | Date of assessment | Validity |
|---|---|---|
| Tax year 2022 | Assessment issued on 11/05/2025 | valid until 10.04.2026 |
Even if the assessment relates to an older tax year, it is accepted as long as it was issued less than 11 months ago.
Can people with a B permit obtain a loan?
Yes, even people with a B residence permit can generally obtain a loan. However, banks often scrutinise this situation more closely.
In many cases, banks expect:
- at least 24 months residence in Switzerland
- a stable employment relationship
- regular income
If these conditions are met, loans are certainly possible.
Do people with a C permit have better credit options?
Persons with a C permit are often regarded by banks as long-term residents in Switzerland. This residence permit is therefore often assessed similarly to the situation of Swiss citizens.
If income, creditworthiness and employment are stable, borrowers with a C-approval can have a good chance of being approved for a loan in many cases.
Can cross-border commuters with a G permit obtain a loan?
Cross-border commuters can also obtain a loan, although stricter conditions often apply here.
Typical requirements are
- at least 3 years cross-border commuter status (G permit)
- at least 3 years with the same employer
- Regular income in Switzerland
As only a few banks offer loans for cross-border commuters, a structured check is particularly important.
What documents are required for a loan application?
Various documents must be submitted so that a bank can assess a loan application. These documents help the bank to realistically assess your financial situation.
Typical documents are
- Identity document or residence permit
- current payslips
- Bank statements
- Tenancy agreement or information on housing costs
Depending on the situation, further documents may be required, for example tax documents for self-employed persons.
Why is a professional credit check via credXperts worthwhile?
Many prospective borrowers submit their loan enquiry directly to a bank. The problem with this is that every enquiry is registered with the ZEK and can be viewed by other banks.
A professional review via credXperts can therefore bring advantages. The first step is to analyse which banks are generally eligible and which requirements must be met.
This allows loan applications to be prepared in a structured manner, which often increases the chances of loan approval and can avoid unnecessary rejections.
Further information about BANK-now loans
BANK-now is one of the established credit banks in Switzerland and offers personal loans for different needs. Many borrowers are particularly interested in the requirements, the credit check and the online loan application process. On the following pages you will find detailed information about loans from BANK-now, the loan application process and possible alternatives.
You can use credxperts not only to request a BANK-now loan, but also to compare different loan offers. This increases your chances of a quick loan approval and often also of better conditions.