No file analysis fee
Without early repayment fee, both for fixed and variable interest rate loans
The Bank offers free advice on how to prepare loan documentation
Possibility to use the Internet Banking and Banking Mobile Services for viewing the loan status (balance, rate, due date), but also for current operations (payments, deposits)
Loan destination: non-named personal needs (no obligation to present supporting documents on the use of loan)
Amount of loans granted: maximum lei 20,000
Own contribution: not required
Lending period: minimum 12 months / maximum 60 months
Grace period: 0
Draw period: up to 30 calendar days in one tranche
Loan repayment: in monthly installments with allowed maturities on any day between 5th and 20th of the month
Customer's age at final loan repayment: up to 70 years, inclusive
Types of income accepted by the Bank: permanent certain net income (salaries etc.)
- Variable over the entire lending period: IRCC + 7.50 pp
The current IRCC index level taken into account is of 2.36% on the basis of the IVQ 2018 quotation published on May 2, 2019 on the National Bank of Romania website.
Interest changes quarterly on January 1, April 1, July 1, and October 1 of the year, or on the first business day immediately following the first day of the quarter, if the first of the quarter is a non-working day, in accordance with the provisions Emergency Ordinance no. 19/2019 for amending and supplementing some normative acts. The Index is published quarterly by the National Bank of Romania on the Institution's website and is calculated in accordance with the Rules on the calculation and publication of the daily index and of the quarterly reference index regulated by GEO 19/2019.
- Fixed over the entire lending period: 11%
Valid fees in both interest rates:
File analysis fee: lei 0
Loan management fee: lei 20 (monthly, fixed amount)
Early repayment fee: lei 0
Unique fee for services provided at clients' request: lei 0
Early repayment fee: 0 lei
Other cost items not included in the APRC calculation, namely: Enrollment / extension / modification (as the case may be) and cancellation costs for the pledges on current and future credit balances of client’s / debtor’s current accounts and debit card accounts of the customer with the Electronic Archive for Security Interests in Movable Property.