Cash Loan

About the loan

Cash Loan with Lowest Interest Rate Guarantee promotion, thanks to which the interest rate on your Loan will be as low as it gets is:

  • A low monthly payment thanks to the Lowest Interest Rate Guarantee*
  • Credit decision within even 15 minutes; loan disbursement will be made even in 1 day
  • Cash loan from PLN 1000 even up to PLN 150,000
  • Simple documentary requirements
  • Even lower interest rate for Customers transferring their salary or net income to an account in Bank Millennium

* If within 30 days after signing the loan agreement you find a cheaper offer with the same amount and tenor – we shall reduce your interest rate and will refund the difference on the interest already paid to us.

Prior to granting the loan, the Bank shall evaluate the Applicant’s credit capacity and creditworthiness on a case-by-case basis; in justified situations the Bank may refuse to grant the loan. For detailed information about the loan see our Cash loan regulations/Regulamin kredytów i pożyczek udzielanych Klientom indywidualnym przez Bank Millennium S.A. and Cash Loan Price List/Cennik Pożyczki Gotówkowej, and Lowest Interest Rate Guarantee Regulations/Regulamin oferty Gwarancja Najniższego Oprocentowania - in the Bank’s Branches and at www.bankmillennium.pl website. For the detailed principles of insurance coverage under Bezpieczna Pożyczka insurance from Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. see Terms & Conditions of Bezpieczna Pożyczka insurance and Product Card/Karta Produktu.

Annual Percentage Rate (APR) is 20,05%; total loan amount (net of credit-financed costs): 10 508,46 PLN; total amount due: 17 108,93 PLN; fixed interest rate 8,10%; total cost of the loan: : 6 600,47 PLN (including: commission 7,55% (793,39 PLN); interest 3 467,60 PLN; insurance 2 339,48 PLN; additional services 0 PLN); 69 equal monthly instalments of 247,96 PLN. The calculation was made as of 01.02.2017 on a representative example.

Check your Loan instalment!

Cash Loan calculator
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The above information contains estimate data for illustration purposes and does not have a binding character. It is for information purposes only and does not constitute an offer, recommendation or invitation addressed to any person (or group of persons) to sign a loan agreement under the presented terms and conditions. In particular this information does not constitute an offer in the meaning of the Act of 23 April 1964 – Civil Code and is also not an investment, financial, tax, legal or any other advice. The information does not reflect assessment of credit capacity calculation and does not satisfy disclosure requirements, stemming from the Act of 12 May 2011 on Consumer Credit. The calculator is based on the Price List of 10.05.2016.

Insurance

Get attractive Bezpieczna Pożyczka insurance, which will shield you and your family with a protective umbrella against effects of such accidents as:

  • Involuntary job loss or hospitalization due to an accident,
  • Temporary disability to work or accidental death,
  • Permanent disability to work or accidental injury,
  • Critical illness,
  • Death.

When signing insurance agreement you do not have to choose the risks to be covered from. The scope of the package always covers 5 risks and changes automatically, depending on your professional situation and pension eligibility at the particular time.

In case of occurrence of any of the above events Insurers shall pay out:

  • Up to 12 cash loan instalments in case of job loss or up to 6 cash loan instalments in case of hospitalization due to an accident,
  • Up to 36 cash loan instalments in case of temporary disability to work or 25% of outstanding cash loan amount in case of accidental death,
  • Whole outstanding cash loan amount in case of permanent disability to work or 25% of outstanding cash loan amount in case of accidental injury,
  • Whole outstanding cash loan amount in case of critical illness and death.

Signing the insurance agreement is simple and convenient – it is done when signing the loan agreement and insurance cover begins upon disbursement of the loan. The insurance premium is merely 0.30% of the loan amount per month and for your convenience it is added to the loan amount.

Detailed information is available in the Insurance Terms and Conditions.

Required documents

The requirements for documenting income are very simple

  • If you have been transferring your salary to an account in Bank Millennium since at least 3 months, all formalities will be limited to a minimum
  • The key document, which is required at all times is a Personal Identity Card

Above is a list of documents, confirming income depending on its source.

  • Employment or management contract / Contract to perform a specific task / Contract of mandate

    One option from:

    • Confirmation from Employer of income and employment in last 3 months
    • PIT for last year
    • proof of income

  • Business activity

    Documents required depending on the form of settlement:

    • annual tax return and a certificate from the Tax Office or a certificate from the ZUS/KRUS
    • book revenues and expenditures

  • Retirement pension

    One option from:

    • last decision on awarding the benefit
    • last pension slip
    • last decision on indexation
    • statement from bank account, confirming inflow of pension for the last month

  • Disability pension

    One option from:

    • last decision on awarding the benefit
    • last decision on indexation
    • last pension slip
    • statement from bank account, confirming inflow of pension for the last month

  • Pre-retirement benefit

    One option from:

    • decision of Labour Office/ZUS to grant the benefit
    • last decision of Labour Office/ZUS on indexation of the benefit
    • last pension slip
    • statement from bank account, confirming inflow of retirement/disability pension for the last month

  • Sailor contract

    • contracts with shipowners for 12 months, along with confirmation of payment of remuneration and a certificate from the Tax Office

How to get

Online Application

If you are not our customer

Prestige Line

Call us

801 12 7000

In our branches
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