No file analysis fee
Maximum value of the credit extended to 80,000 lei
No advance payment
Grace period up to 12 months
Possibility of the entirety refinancing of the loans in progress as well as amounts increasing
Possibility of using the Internet Banking service to view the credit status (balance, interest rates, credit rates) and for current operations (payments, deposits)
All the certain permanent incomes related to the entire credit period of time and whole family could be taken into consideration for the net income calculation.
Loan Destination: refinancing of consumer credits and credits for real estate investments
The value of the loans: maximum 90.000 lei
Own contribution: not required
Credit period of time:
- minimum 1 year, no grace period
- maximum 5 years, with possibility to opt for a grace period of 12 months
Withdrawal Period: maximum 60 calendar days, one disbursement
Loan repayment: monthly installments with maturities allowed any day between 5 and 20 of the month
Client age when the final credit repayment is made: not more than 70 years, included
Types of incomes accepted by the Bank: permanent certain net income (salaries, pensions, agricultural activities, self-employment, rents, dividends, partnership agreements, intellectual property rights etc.)
- Variable throughout the lending term:
Standard/no credit card: 9.52% (ROBOR 3M + 6.50 p.p.)
With credit card: 8.52% (ROBOR 3M + 5.50 p.p.)
For loans guaranteed with cash collateral: 8.52% (ROBOR 3M + 5.50 p.p.)
Currently, the ROBOR 3M interest rate is of 3.02%, valid as of 3 January 2019.
The interest rate shall be changed quarterly on January 1st, April 1st, July 1st and October 1st of the year or on the first business day next to the first day of the quarter if such day is a non-business day, according to the ROBOR 3M interest rate valid on the change date.
The valid index amounts on the interest rate change date shall be those published by the relevant regulating authority with two business days in advance.
- Fixed throughout the lending term:
Standard/no credit card: 10.40%
With credit card: 9.40%
Valid fees for both interest rate alternatives:
Dossier analysis fee: Lei 0
Loan management fee: Lei 20 (monthly, lump sum)
Early repayment fee: Lei 0
One-bullet fee for services provided upon the request of customers: Lei 0
Early repayment fee for fixed-rate loans: 1% of the amount of the loan early repaid if the early repayment is requested up to the last 12 months, respectively 0.5% of the amount of the loan early repaid if the early repayment is requested during the last 12 months of the lending term.
Other cost items not considered when calculating the APRC are:
Registration/extend/change (as the case may be) and deregistration of the pledge over the existing and future credit balances of the current accounts of the customer/co-debtors, as well as of the debit cards of the customer, with the Electronic Archive for Security Interests in Movable Property.