Pentru îmbunătățirea experienței dumneavoastră de navigare, acest site folosește cookies.
Orice prelucrare a datelor personale se va face doar în baza acordului dumneavoastră.
Vă puteți schimba opțiunea în orice moment, prin modificarea setărilor în browserul dumneavoastră.

Advantageous grace period

Maximum lending period of 5 years

Prepayment of minimum 5% of the new car purchase price for cars with thermal powertrain, minimum 25% of the new car purchase price for hybrid cars, respectively minimum 30% of the new car purchase price for electric hybrid and fully electric cars to be purchased under the Programme (VAT included), which covers the difference between the new car purchase price in the pro-forma invoice and the guaranteed financing.

Acceptance of co-debtors by the Bank, in view of completing the revenues of the applicant.

When calculating the net income, all the sure incomes of the family, with a permanent character throughout the lending period, can be taken into account.

Loan scope – purchase of a new car from domestic production and/or import with the following features:
a. It is new and its selling price may not exceed:
- For thermal powertrain cars, Lei 50 000, plus VAT, if any;
- For hybrid powertrain cars; Lei 100 000, plus VAT, if any;
- For hybrid electric or fully electric cars, Lei 150 000 lei, plus VAT, if any.
b. It is manufactured within intra-Community area or comes from import;
c. It meets at least the minimum requirements of EURO 6 Standard;
d. It is purchased from a legal person with car sales as business line.

Loan currency: LEI

Maximum loan amount:
a. For thermal powertrain cars: maximum 95% of the new car purchase price as established in the pro-forma invoice (VAT included);
b. For hybrid powertrain cars: maximum 75% of the new car purchase price as established in the pro-forma invoice (VAT included);
c. For hybrid electric or fully electric cars: maximum 70% of the new car purchase price as established in the pro-forma invoice (VAT included).

Own contribution: minimum 5% of the new car purchase price for cars with thermal powertrain, minimum 25% of the new car purchase price for hybrid cars, respectively minimum 30% of the new car purchase price for electric hybrid and fully electric cars to be purchased under the Programme (VAT included), which covers the difference between the new car purchase price in the pro-forma invoice and the guaranteed financing.

Lending period: maximum 5 years

Maximum age for the full repayment of the loan: 70 years old.

Grace period: maximum 60 days for the short-term loans and 90 days for the medium-term loans.

Types of accepted revenues: net sure permanent revenues (from wages, pensions, independent activities, rents, dividends, collaboration contracts, intellectual property rights etc.).

Guarantees:
- The guarantee issued by FNGCIMM: it covers maximum 50% of the principal, excluding the bank interests and fees and other charges due by the Programme Beneficiary under the Financing Agreement;
- Legal mortgage over the new car purchased under the Programme, lodged in favor of the Romanian State, represented by the Ministry of Public Finances, as well as in favor of the Financer, proportionally with their guarantee percentages, valid until the extinction of all the payment obligations related to the guaranteed financing granted under the Programme;
- Assignment of the rights arising from the CASCO type Insurance Policy for the new car purchased under the Programme, to the Romanian State represented by the Ministry of Public Finances, as well as in favor of the Financer, proportionally with their guarantee percentages.

Loan repayment:
- in monthly installments covering part of the principal and full related interest;
- early loan repayment to be made anytime until the loan maturity date, without charging any early repayment fee.

Interest: 5.56% (IRCC + 2.90 p.p.), variable, varying according to the reference index value.

The current IRCC index level taken into account is of 2.66% on the basis of the IIQ 2019 quotation published on September 30, 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.

Fees
File analysis fee: 0
Loan management fee: 0
Loan early repayment fee: 0

Guaranteeing premium is made of:
- Risk commission due to MPF - the amount due by the beneficiary of the Program to cover the guarantee risk and the annual financing of the capital required for the Program: 1% din 1% of the guaranteed amount (50% of the financing amount), calculated on the contracting day of the financing;
- Loan management fee due to FNGCIMM - the amount owed by the Program beneficiary covering the costs of assessing, granting and managing the guarantees provided by the FNGCIMM: 0.49% calculated annually to the guarantee balance (50% of the financing amount).

Other cost items not included in the APRC calculation, namely:
- Costs for the enrollment / renewal / modification (as the case may be) and cancellation of the pledge on present and future loan balances of client’s / co-debtors’ current accounts and client’s debit card accounts with the National Register of Mobile Advertising

Loans interests (.pdf)

Loan fees (.pdf)

Examples of calculation - Standard Products (.pdf)