Representative example for Cash Loan with “winter promotion” promotion: Annual Percentage Rate (APR) is 7.68%, total loan amount (net of loan-financed costs): PLN 15 000; total amount due: PLN 18 000; fixed interest rate 7.42%; total cost of the loan: PLN 3000 (including: fee: 0% (PLN 0); interest PLN 3000; additional services PLN 0 (including: fee for Konto 360° PLN 0 provided that externally-sourced monthly turnover is PLN 1 000 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 PLN 8), 60 monthly equal instalments of PLN 300; first instalment due after 30 days from disbursement of the money. The calculation was made as of 4.12.2018 on a representative example.
The “Winter promotion” promotion is valid from 08.12.2018 till 31.03.2019 and applies to uninsured cash loans granted for the period of 60 months with amount to be disbursed under the agreement PLN 5000 or PLN 10 000 or PLN 15 000 or PLN 20 000. The promotion is available to Customers who do not have a cash or consolidation loan in the Bank at the time of submitting the publication. The promotion: may not be combined with other promotions concerning cash loans; it can be taken only once during its validity and it does not cover loans for repayment of other credit products. Detailed terms and conditions of the Promotion are contained in “Winter promotion” Promotion Regulations available in Millennium branches and on www.bankmillennium.pl.
The Promotion is combined with “Lowest Interest Rate Guarantee”. The condition for taking the Lowest Interest Rate Guarantee is presentation by the Customer within 30 days from the day of concluding the Cash Loan agreement with Bank Millennium, loan agreement concluded with another bank or the European Information Form together with the credit decision for the same loan amount and tenor. The offering does not reflect instalment loans as well as cash loans with nominal annual percentage rate of 0%, credit cards, personal account overdrafts as well as collateralised loans. The Customer may take the Lowest Interest Rate Guarantee offering not more than once during its validity. Details concerning terms and conditions of Lowest Interest Rate Guarantee are contained in the Regulations on Cash Loan with “Lowest Interest Rate Guarantee” available in the Bank’s branches and on www.bankmillennium.pl.
Annual Percentage Rate (APR) is 10.60%; total loan amount (net of credit-financed costs): PLN 12 005.78; total amount due: PLN 16 368.69; fixed interest rate 8.39%; total cost of the loan: PLN 4362.91 (including: commission 5.15% (PLN 618.30); interest PLN 3744.61; additional services PLN 0, including: PLN 0 - fee for Konto 360° account, in case of booking minimum PLN 1000 of external inflows on account and minimum 1 payment made with use of card issued to account/BLIK per month; otherwise the monthly fee for the payment account is PLN 8); 77 equal monthly instalments of PLN 212.58. The calculation was made as of 05.10.2018 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. 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.