Loans

Credit for all

The credit for non-nominated personal needs, the amount up to RON 150,000, for a period of up to 60 months.

  • Advantages
  • Eligibility criteria
  • Interests and fees

Advantages

What you pay is EXACTLY what you choose!

  • No surprises with your monthly instalment: the instalment rate remains fixed;
  • No analysis fee, if you choose the product with insurance or if you come with your salary with us;
  • 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 or choose an account package and collect monthly at least RON 2,000 in the package account;
  • Even lower interest rates if you choose life insurance for your protection and of your loved ones;
  • 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 150,000 – without insurance
Maximum period 60 months

Eligibility criteria

You can apply for a credit if:

  • You are a Romanian or foreign citizen with permanent or temporary residence in Romania or with residence in OECD/EU countries;
  • You are at least 22 years old and not more than 70 years at the end of the lending period;
  • The monthly income per application should be a multiple of RON 600, proportional to the number of family members, but not less RON 1,600.

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

 

Credit for all – with insurance Interest type Interest (%)  APRC*(%)
With income collection ** Fix 10.30 12.94
Without income collection Fix 10.80 13.51

* APRC is calculated for a credit worth  RON 110,000, with insurance granted for a 5 years period.

** including the clients holding an account package and collecting at least RON 2,000 monthly in the package account.

For a credit with fixed interest worth RON 50,000 for 5 years, with insurance and repayment in equal monthly instalments, analysis fee is RON 0, monthly account management fee is RON 5, and the insurance cost is RON 2,063.40,  APRC 13,07%, the value of monthly instalment amounts to RON 1,069.75 and  total amount to be paid is worth RON 66,548.21.

Credit for all – without insurance Interest type Interest (%) APRC*(%)
With income collection ** Fix 10.50 11.09
Without income collection Fix 11.00 11.65

*APRC is calculated for a credit worth  RON 150,000, without insurance, granted for a 5 years period.

** including the clients holding an account package and collecting at least RON 2,000 monthly in the package account.

For a loan of 50,000 RON for a period of 5 years, with income collection, without insurance and reimbursement in equal installments, the analysis fee is 0 RON and the monthly account management fee is 5 RON. The APRC is 11.24%, the value of the monthly installment of 1,074.70 RON, and the total amount payable is 64,781.65 RON.

Fees

 

Fee RON  
File analysis fee With insurance RON 0
Without insurance RON 0 – with salary collection
200 RON – without salary collection
Monthly credit management fee 0%
Early repayment fee
  • 1% of the loan amount repaid early, if the period of time between the early repayment and the date agreed for the termination of the Contract is more than one year;
  • 0.5% of the loan amount repaid in advance, if the period of time between the early repayment and the date agreed for the termination of the Contract is not more than one year;
Unique fee for services performed upon consumer’s request RON 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.