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)
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
7.02% (ROBOR 3M + 4.00 p.p.)
Loans that are not subject of Law 77/2016
6.02% (ROBOR 3M + 3.00 p.p.)
The currently considered ROBOR 3M interest level is 3.02%, valid on 3 January 2019.
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.
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)
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
7.26% (EURIBOR 6M + 7.50 p.p.)
Loans that are not subject of Law 77/2016
5.26% (EURIBOR 6M + 5.50 p.p.)
The currently considered EURIBOR 6M interest level is -0.24%, valid on 3 January 2019.
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)
