Personal needs loan
Advantages
Personal loan for unspecified needs: up to 200,000 lei, for a period of up to 60 months.
What you pay is EXACTLY what you choose!
- No surprises with your monthly instalment: the instalment rate remains fixed;
- No management fees;
- No real estate guarantee;
- No justification about what you do with the money;
- Simple! No need of income certificate, only your identity document and NAFA accord;
- You can also use it for refinancing;
- Lower interest rates if you collect your salary or pension with us;
- You receive instant answer with the maximum amount you can get.**
**the maximum amount that can be obtained is based on an estimated calculation using the data declared in the loan application. The answer is not the bank’s final financing decision. The final financing decision will be communicated after the submission of all the necessary documents and the credit analysis.
| Product Characteristics | |
|---|---|
| Minimal amount | 2,000 RON |
| Maximal amount | RON 110,000 – with insurance RON 200,000 – without insurance |
| Maximum period | 60 months |
Eligibility criteria
You can apply for a credit if:
- You are a Romanian citizen residing in Romania and earning income in Romania (or income from activities carried out as a seafarer and/or from other hierarchical categories within the same type of activity);
- You are between 24 and 70 years old (at the end of the credit period);
- Minimum monthly income of 1,600 lei / 2,400 lei per family.
Several types of income are accepted: salaries, pensions, income from freelancing, income from copyrights, etc. To find details about the types of accepted income, approach a sales consultant in our units.
Interests and fees
FIXED INTEREST
The fixed interest rate ranges between 5.70%/year and 14.00%/year. It is determined based on several factors analyzed during the credit application: the option to have income deposited in the current account and the conclusion of a life and unemployment insurance policy, simultaneously contracting a credit card issued by the Bank with a minimum credit limit of 1,000 lei with the consumer loan, the relationship between the employer and the bank (if the bank has a salary transfer agreement with the employer), the income level, job tenure and stability, the existence of a credit history and the repayment behavior of previous loans, etc.
VARIABLE INTEREST
The variable interest rate is between 9.55% (IRCC+3.99)/year and 16.65% (IRCC+11.09)/year. It is established according to several factors analyzed in the credit application: the history of the relationship with the bank, the option to collect income in the current account, income levels, seniority and stability at work, the existence of a credit history and the repayment method of previous credits, etc. selected (credit duration, interest type, type of installments).
Fees
| Fee | RON |
| File analysis fee | 200 |
| Monthly credit management fee | 0% |
| Early repayment fee | For fixed interest loan
For variable interest loan: 0% |
| Unique fee for services performed upon consumer’s request | 250 |
| Insurance cost | 4.1268% of the approved amount, fully paid in on credit granting, from own sources or from the credit |
Other costs to be paid by the client
Registration fee with the National Registry of Movable Property – the cost differs depending on the taxes and fees charged by the operators/agencies for registration with the National Registry of Movable Property.
For a personalized calculation, we are waiting for you at an Exim Banca Romaneasca branch.
Representative examples of calculation for a 5-year loan of 50,000 lei, with equal monthly installments, with a fixed interest rate under the conditions of contracting simultaneously with the consumer loan a credit card issued by the Bank with a minimum credit limit of 1,000 lei, cashing in the income in the Exim Banca Romaneasca account and concluding a life and unemployment insurance policy:
- Minimum interest: 5.70%, Fixed rate: 959.68 lei/month; Total payable amount: 60,444.24 lei; APR=8.70%. The following costs were included in the APR calculation: 200 lei analysis fee, current account fee: 10 lei, insurance cost: 4.1268% applied to the amount granted and collected upon drawing the loan;
- Average interest: 7.25%, Fixed rate: 995.97 lei/month; Total payable amount: 62.621,48lei; APR=10.08%. The following costs were included in the APR calculation: 200 lei analysis fee, current account fee: 10 lei, insurance cost: 4.1268% applied to the amount granted and collected upon loan withdrawal;
- Maximum interest: 14.00%, Fixed rate: 1.163.41 lei/month; Total payable amount: 72.668,15 lei; 17.80%. The following costs were included in the APR calculation: 200 lei analysis fee, current account fee: 10 lei, insurance cost: 4.1268% applied to the amount granted and collected upon loan withdrawal.
Representative examples of calculation for a 5-year loan of 50,000 lei, with decreasing monthly installments, with a fixed interest rate under the conditions of contracting simultaneously with the consumer loan a credit card issued by the Bank with a minimum credit limit of 1,000 lei, collecting income through a salary transfer agreement and concluding a life and unemployment insurance policy:
- Minimum interest: 5.70%, Fixed rate: starting from 1.070.83 lei/month; Total payable amount: 60.107,15 lei; APR=8.5%. The following costs were included in the APR calculation: 200 lei analysis fee, current account fee: 10 lei, insurance cost: 4.1268% applied to the amount granted and collected upon drawing the loan;
- Average interest: 7.25%. Fixed rate: starting from 1.135.42 lei/month; Total payable amount: 62.076,94 lei; APR=10.23%. The following costs were included in the DAE calculation: 200 lei analysis fee, current account fee: 10 lei, insurance cost: 4.1268% applied to the amount granted and collected upon loan withdrawal;
- Maximum interest: 14.00%, Fixed rate: starting from 1.416.67 lei/month; Total payable amount: 70.655,07 lei; APR=18.09%. The following costs were included in the DAE calculation: 200 lei analysis fee, current account fee: 10 lei, insurance cost: 4.1268% applied to the amount granted and collected upon loan withdrawal.
For customers with a monthly income exceeding RON 10,000, the fixed interest rate is reduced by 0.2 percentage points compared to the fixed interest rate specified above.
Representative calculation examples for a loan granted over 5 years, in the amount of 50.000 lei, with equal monthly installments, with a variable interest rate under the conditions of income being received via salary transfer agreement:
- Minimum interest: 9.55% (IRCC+3.99)/year, Variable rate: 1,051.32 lei/month; Total payable amount: 63,878.91 lei; APR=10.61%. Analysis fee: 200 lei, current account fee: 10 lei;
- Average interest: 11.05% (IRCC+5.49)/year, Variable rate: 1,088.37 lei/month; Total payable amount: 66,102.10 lei; APR=12.27%. Analysis fee: 200 lei; current account fee: 10 lei;
- Maximum interest: 15.65% (IRCC+10.09)/year, Variable rate: 1,206.62lei/month; Total payable amount: 73,197.45 lei; APR=17.47%. Analysis fee: 200 lei, current account fee: 10 lei.
Representative calculation examples for a loan granted over 5 years, in the amount of 50.000 lei, with decreasing monthly installments, with a variable interest rate under the conditions of income being received via salary transfer agreement:
- Minimum interest: 9.55% (IRCC+3.99)/year, Variable rate: starting from 1,231.25 lei/month; Total payable amount: 62,936.46 lei; APR=10.66%. Analysis fee: 200 lei, current account fee: 10 lei;
- Average interest: 11.05% (IRCC+5.49)/year, Variable rate: starting from 1,293.75 lei/month; Total payable value: 64,842.71 lei; APR=12.32%. Analysis fee: 200 lei; current account fee: 10 lei;
- Maximum interest: 15.65% (IRCC+10.09)/year, Variable rate: starting from 1,485.42 lei/month; Total payable value: 70,688.54 lei; APR=17.54%. Analysis fee: 200 lei, current account fee: 10 lei.
The interest rate is variable and is reviewed quarterly, on January 1, April 1, July 1, October 1, considering the IRCC value calculated by the NBR, at the end of each quarter, according to the calculation methodology regulated by GEO 19/2019 and published on the NBR website on the last working day of the quarter.