Representative example and legal notice Representative example for a Cash Loan with "Promotion to start with insurance 7th edition": The Actual Annual Interest Rate (APR) is 15.32%, total loan amount (without credited costs): PLN 15,000, total amount to be paid: PLN 20,879,67, fixed interest rate 7.15%, total cost of the loan: PLN 5,879.67 (including: 0% commission (PLN 0.00), interest PLN 3,269.67, additional services PLN 2,610.00, including: insurance PLN 2,610,00 , 0 - fee for Konto 360 ° account in the case of at least PLN 1000 external inflows and at least 1 payment by card to the account / BLIK per month, otherwise the monthly fee for maintaining a payment account is PLN 8), 58 monthly installments equal to PLN 359.99, the first installment payable 30 days after releasing the funds. The calculation was made on August 11th, 2021 on a representative example.
The "Promotion to start with insurance 7th edition" lasts until December, 3rd 2021 and applies to insured cash loans granted for a period of 58 months with the amount to be paid under the contract in the amount of PLN 5,000 or PLN 10,000, or PLN 15,000, or 20 000 PLN. The Promotion is available to customers under 65 years old who have not had a cash loan or consolidation loan at the Bank in the last 12 months, counting from the date of application, will declare 999 PLN a net income transfer to their ROR at the Bank, conclude an insurance contract with the Safe Loan option 1 through the Bank and indicate the Bank as a beneficiary of insurance benefits in the event of the Borrower's death. An additional condition is the consent to receive commercial information via electronic channels and consent to the processing of contact details by the Bank for the purpose of providing information by the Bank regarding products and services of companies cooperating with the Bank. The promotion cannot be combined with any other cash loan promotions. Detailed terms of the Promotion are included in the Regulations "Promotion to start with insurance 7th edition".
Details on the rules for granting loans are included in the Regulations on loans and advances granted to individual customers by Bank Millennium S.A. Standard fees, commissions and interest are charged in accordance with the Cash Loan Price List. Detailed rules for granting insurance cover under the Safe Loan Insurance Option 1 by Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. are included in the Safe Loan Insurance Terms and Conditions and in the Product Card - Safe Loan Insurance (available to persons who are under 65 on the date of concluding the insurance contract). The above-mentioned documents are available in the Bank's branches and on the website www.bankmillennium.pl The Bank assesses the applicant's creditworthiness and each time before granting a loan; in justified cases, it may refuse to grant it.
Representative example for Cash Loan: Annual Percentage Rate (APR) is 18,72%, total loan amount (net of loan-financed costs): 19 768,89 zł ; total amount due: 32 651,27 zł ; variable interest rate 6,87%; total cost of the loan: 12 882,38 zł (including: fee: 8,81% (1 741,64 zł); interest 6 236,34 zł; additional services: 4 904,40 zł, 0 zł (including: insurance: 4 904,40, fee for Konto 360°: 0 zł provided that externally-sourced monthly turnover is 1 000 zł minimum and at least 1 payment is made in a month with the debit card/by BLIK; otherwise the monthly fee for the payment account is 8 zł)), 76 monthly equal instalments of 429,62 zł; first instalment due after 30 days from disbursement of the money. The calculation was made as of 11.03.2021 on a representative example.
Details concerning principles of granting loans are contained in the Regulations on Loans Granted to Individuals by Bank Millennium S.A. Fees, commissions and interest rate are charged in accordance with the Cash Loan Price List. Details concerning the Lowest Interest Rate Guarantee are contained in the Regulations on Lowest Interest Rate Guarantee Offer. Detailed principles concerning granting of insurance cover under Bezpieczna Pożyczka insurance by Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. are contained in Bezpieczna Pożyczka Terms and Conditions and in the Product Card - Bezpieczna Pożyczka Insurance. The documents mentioned above are available in Millennium branches and on www.bankmillennium.pl. The Bank evaluates the Applicant’s credit capacity and worthiness on a case-by-case basis prior to granting the Loan; in justified cases it may refuse to grant it.