Advantageous grace period

No own contribution is required

The maximum loan amount is established according to the reimbursement capacity of each and every customer

The calculation of the income may take into consideration all the sure and permanent revenues of the lending term received by the applicant family

Opportunity to receive an amount in addition to that required to refund the running loans, in case of short and medium term loans

Option to use Internet Banking and/or Mobile Banking Service to visualize the loan status (balance, interest rates, installments) but also the current operations (payments, deposits)
Beneficiaries: individuals aged of more than 18 years old, obtaining sure incomes permanent during the entire lending term

Maximum age on the date of full loan repayment: 75 years old, including

Loan scope: 
- refunding any types of running loans, regardless of their classes (personal need loans and/or real estate investment loans), in case of refunding loans granted before 31 October 2011
- refunding running real estate investment loans, in case of refunding loans granted after 31 October 2011
- refunding of running personal need loans, in case of refunding loans granted after 31 October 2011

Currency: LEI

Lending Term: 
- maximum 30 years in case of refunding loans granted before 31 October 2011, regardless of their classes (personal need loans and/or real estate investment loans)
- maximum 30 years in case of refunding only the real estate investment loans granted after 31 October 2011
- maximum 5 years in case of refunding personal need loans granted after 31 October 2011

Grace period: 
- maximum 360 calendar days in case of refunding loans granted before 31 October 2011, regardless of their classes (personal need loans and/or real estate investment loans)
- maximum 360 calendar days in case of refunding only the real estate investment loans granted after 31 October 2011
- maximum 180 calendar days in case of refunding personal need loans granted after 31 October 2011

Maximum loan amount shall be established according to the reimbursement capacity of each and every customer

Own contribution: it is not compulsory

Guarantees: mortgages over the real estates

Insurance policy against natural disaster risk for the mortgaged real estate shall be compulsory, its submission being required prior to contract the loan.

Interest:
- variable interest for the entire lending term

Loans that are subject of Law 77/2016
5.46% (ROBOR 3M + 4.00 p.p.)

Loans that are not subject of Law 77/2016
4.46% (ROBOR 3M + 3.00 p.p.)

The currently considered ROBOR 3M interest level is 0.86%, valid on 3 July 2017.

The 3M ROBOR interest rate shall be quarterly varied on 1st January, 1st April, 1st July and 1st October  of the year or on the first working day next to the first day of the quarter, if such date is not a working day, according to quotation displayed by NBR

The valid value of the indices at the modification date is published by the related regulatory organization, two working days prior.

Fees
Dossier analysis fee: Lei 250 
Early repayment fee: Lei 0 
Loan management fee monthly applicable to the loan balance: 0.05%
Unique fee for services provided upon customer’s request: Lei 400. 

Other cost elements that are not taken into account of DAE, respectively:
- sole commission for services performed at the customer’s request related to the deployment of the loan;
- registration/extension/modification (by case) and cancellation of the pledge on the present and future credit balances of the current accounts of the customers/co-debtors and of the customer’s debit card accounts at the Electronic Archive of Security Interests;
- all the costs (taxes, fees, other costs) that are to be paid about concluding, advertisement and/or registration of the loan contract and of the ancillary documents (guarantee contracts, including their extension/cancellation etc.), including the notary fees;
- the amounts representing the insurance premiums related to the insurance policies for general risks, related to the value of the assets accepted as collateral, for which there are concluded such policies and/or PAD (Effective Annual Interest Rate) premium quote, given that the Bank does not impose the concluding of the insurance premiums with a certain provider of such services;
- the amounts related to the evaluation of the movable/immovable assets accepted as collateral, except for the evaluation that is performed by the internal evaluators of the Bank.

Loans interests (.pdf)

Loan fees (.pdf)

Examples of calculation - Standard Products (.pdf)

At the request of customers, the Bank may grant loans in euro only in case they turn out getting revenue in euros.

Fixed margin throughout the loan period

Advantageous grace period

No personal contribution is necessary

The maximum loan amount is set according to each customer’s repayment capacity

In calculating the net income, all reliable, permanent family income may be taken into account, throughout the loan period

Possibility of obtaining an additional amount to the amount needed for refinancing the ongoing loans for short-and medium-term loans

Possibility to use the Internet Banking and/or Mobile Banking service to view the credit status (balance, interest, instalments), but also for current operations (payments, deposits)
Beneficiaries: individuals aged over 18, with certain and permanent income throughout the loan period

Maximum age on the date set for the complete reimbursement of the loan: 75 years old, including

Loan purpose:
- Refinancing any type of ongoing loans, regardless of the refinanced loans category (consumer credit and / or property investment) if refinancing loans granted before 31.10.2011
- Ongoing property investment loans refinance, if refinancing loans granted after 31.10.2011
- Ongoing consumer credit refinance, if refinancing loans granted after 31.10.2011

Currency: EUR

Loan duration:
- Max. 30 years in case of refinancing loans granted before 31.10.2011, regardless of the refinanced loans category (consumer credit and/or property investment)
- Max. 30 years if refinancing property investment loans exclusively, granted after 31.10.2011
- Max. 5 years for consumer credit refinance, if granted after 31.10.2011

Grace period:
- Max. 360 days in case of refinancing loans granted before 31.10.2011, regardless of the refinanced loans category (consumer credit and/or property investment)
- Max. 360 days if refinancing property investment loans exclusively, granted after 31.10.2011
- Max. 180 days for consumer credit refinance, if granted after 31.10.2011

The maximum loan amount is set according to each customer’s repayment capacity

Own contribution: NOT required

Guarantees: real estate mortgages on properties

Disaster insurance for the mortgaged property is mandatory and it is required before granting the loan

Interest
- variable interest for the entire lending term

Loans that are subject of Law 77/2016
7.23% (EURIBOR 6M + 7.50 p.p.)

Loans that are not subject of Law 77/2016
5.23% (EURIBOR 6M + 5.50 p.p.)

The currently considered EURIBOR 6M interest level is -0.27%, valid on 3 July 2017.

The EURIBOR 6M interest rate level varies each semester on the 1st January and 1st July of the year or in the first working day next to the day of first of the semester, if such date is a non-working day, the valid value of the indices being the EURIBOR 6M interest rate level valid at the modification date.

Fees
Analysis fee: 100 euro
Early reimbursement fee: 0
Monthly loan management fee: 0,05%
Sole banking fee for services provided to clients: 95 euro

Other cost elements that are not taken into account of DAE, respectively:
- sole commission for services performed at the customer’s request related to the deployment of the loan;
- registration/extension/modification (by case) and cancellation of the pledge on the present and future credit balances of the current accounts of the customers/co-debtors and of the customer’s debit card accounts at the Electronic Archive of Security Interests;
- all the costs (taxes, fees, other costs) that are to be paid about concluding, advertisement and/or registration of the loan contract and of the ancillary documents (guarantee contracts, including their extension/cancellation etc.), including the notary fees;
- the amounts representing the insurance premiums related to the insurance policies for general risks, related to the value of the assets accepted as collateral, for which there are concluded such policies and/or PAD (Effective Annual Interest Rate) premium quote, given that the Bank does not impose the concluding of the insurance premiums with a certain provider of such services;
- the amounts related to the evaluation of the movable/immovable assets accepted as collateral, except for the evaluation that is performed by the internal evaluators of the Bank.

The possible fluctuations of the exchange rate which may affect the amount to be paid, in case of contracting a loan in EURO, meaning its increase, can lead to impair your possibility of payment.

Loans interests (.pdf)

Loan fees (.pdf)

Examples of calculation - Standard Products (.pdf)