Beneficii
CEC arrow down
  • Great yearly interest rate: 5,31% (IRCC + 2,90 p.p.)
  • No bank fees
  • Down payment of 5% of the car’s value
  • Grace period up to 90 days

Some dream all their life of a special car. Some, dream of more. And others, like you, just want a car. Choose the CEC Bank's First Car loan and you can receive up to 124.950 lei, state guaranteed, for any car purchased from the authorized dealers.

First car with variable interest
0
%
Interest *:
First Rate:
DAE:
-
IRCC:
-
Monthly Administrative Commission:
-
Analysis commission:
-
Total refund:
-
First car with fixed interest
0
%
Interest*:
First Rate:
DAE:
-
Month Administrative Commission:
-
Analysis commission:
-
Total rambursare:
-

* Fixed margin format + IRCC

At the request of the clients, the Bank may grant loans in euro only if they prove the obtaining of income in euro.


Recurring income is collected in the account and the account is used for payments or transfers, other than transfers between own accounts / commission debits.
Recurring income means the income (eg salary, pension, rent, etc.) collected monthly in the account, at least 3 consecutive months, amounting to at least 700 lei / month. Revenue from
gambling is not considered recurring income.

  • The First Car loan is given through the national program of purchasing new cars, according to OUG 66/2014
  • Currency: LEI
  • Maximum amount and down payments:
  • The set payback period: 5 years
  • You can apply using your family members' income in order to receive a bigger amount
  • The purchased car must comply with EURO 6 pollution standard
  • Warranties: car mortgage and CASCO policy seizing
  • Grace period up to 90 days

You may apply to the First Car loan if:

  • You are a Romanian citizen
  • You qualify for the Government's program, you are on your first new car purchase, you are not overdue for any credits and do not own any down payments according to ANAF.
  • You are 18 and you will be at most 70 at the end of the loan payment schedule;
  • You sign for a CASCO insurance policy equal with the car's value
     
Car type  Diesel/Gas  Hybrid  Electric 
Minimum down payment   5%  25%  30% 
Maximum amount (incl. VAT)  56.525 lei  89.250lei  124.950lei 

 

  • Variable yearly income: 5,31% (IRCC + 2,90 p.p.)
  • State guaranteed fees: 

- Risk assessment fees, owned to MFP, calculated when receiving the loan as a percent of the guaranteed value: 1%

- Yearly administration fees, owned to FNGCIMM calculated from the down payment: 0,4%

  • CASCO insurance policy
  • Zero application fees
  • Zero administration fees
  • Zero anticipated repayment fees

 

Loans interests

 

Loan fees

 

Examples of calculation - Standard Products

 

 

CEC arrow down
We can help you
Do you need more information?
Talk to
a specialist
Come
to bank