A representative example for the loan in the limited offer for selected employees from the financial and insurance sector: Annual Percentage Rate (APR) is 7.26%, total loan amount (excluding credited costs): PLN 14 555,33, total amount to be paid: PLN 18 569 76, fixed interest rate 6.61%, total cost of credit: PLN 4 014, 43 (including: 1.40% commission (PLN 203,77), interest PLN 3 810,66, insurance PLN 0, additional services PLN 0 - Konto 360° fee, in case of crediting the account with min. PLN 1000 of external incoming funds and min. 1 payment with the account card / BLIK per month; otherwise the monthly fee for the payment account is PLN 8), 86 equal monthly instalments PLN 215,93 each. The calculation was performed as at 31.07.2020.
For the loan details see the Regulations on loans granted to individual clients by Bank Millennium S.A. and Cash Loan Price List, Regulations for the Lowest Interest Rate Guarantee and Regulations of The Cash Loan special offer for selected financial and insurance sector employees - 5th edition. For details of the insurance protection provided by Bezpieczna Pożyczka/Safe Loan insurance from Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. see Bezpieczna Pożyczka Insurance Terms and Product card – Bezpieczna Pożyczka Insurance. The above mentioned documents are available at the Bank’s branches and on the www.bankmillennium.pl website. Before granting the loan, the bank assesses credit capacity and credit worthiness of the Applicant on a case-by-case basis; when justified, the bank may reject the application.
Special offer for selects employees from the financial and insurance sector is combined with “Lowest Interest Rate Guarantee” offer. As a condition for using the Lowest Interest Rate Guarantee, within 30 days from the day of concluding the cash loan agreement with Bank Millennium S.A., client has to present a loan agreement concluded with another bank or European Information Form with credit decision for the same loan amount and credit period. For the other terms and conditions of the offer see the Regulations of the Cash Loan with “Lowest Interest Rate Guarantee".