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. For the loan details see the Regulations on loans granted to individual clients by Bank Millennium S.A. and Cash Loan Price List, and Regulations for the Lowest Interest Rate Guarantee offer available at the Bank’s branches and on the www.bankmillennium.pl website. 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.
A representative example for the loan in the limited offer for selected employees from the financial and insurance sector: Annual Percentage Rate (APR) is 7,48%, total loan amount (excluding credited costs): 18 234,00 PLN, total amount to be paid: 22 283,50 PLN, fixed interest rate 6,50%, total cost of credit: 4 049,50 PLN (including: 2,00% commission (364,68 PLN), interest 3 684,82 PLN, insurance 0 PLN, additional services 0 PLN - Konto 360° fee, in case of crediting the account with min. 1000 PLN of external incoming funds and min. 1 payment with the account card / BLIK per month; otherwise, the monthly account fee is 8 PLN), 68 equal monthly instalments 327,70 PLN each. The calculation was performed as at 27.06.2017.
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”.