Idea::selfie+ personal loan with insurance
Idea::selfie+ is more than just a loan!
- easy to access:
- apply online
- visit the nearest Idea::Bank branch presenting only your ID card
- you are protected with the option Idea::relax, a life and unemployment insurance valid during the loan offered by ERGO | one-time insurance premium of 7.5% of the loan amount
- convenient pricing:
- variable interest rate: calculated based on ROBOR 3 months + 3.04% fixed margin
- fixed interest rate: 6.1% on grant
- ZERO lei loan analysis fee if you refinancing with no additional amount
What you need to know about Idea::selfie+ personal loan with Idea::relax life insurance powered by ERGO?
- it is ideal for your personal needs or you could use it as a profitable alternative to refinance other loans, credit cards or overdrafts, and also get an additional amount (as long as you don’t need more than the maximum limit, 100,000 lei)
- loan value: minimum 15,001 lei, maximum 100,000 lei (if you choose to pay the insurance premium from the loan amount the maximum amount is 92,500 lei)
- loan period: minimum 6 months, maximum 5 years
- types of accepted incomes: salary, pension, dividends, rental income, copyrights, income from abroad, income from liberal professions, navigators etc.
- incomes limits: minimum income of 1,000 lei/person (Bucharest) and 800 lei/person (rest of the country) or 2,000 lei/family (Bucharest) and 1,600 lei/family (rest of the country)
- age limits: any Romanian citizen aged between 18 and no more than 70 years (65 years for navigators) upon the final maturity of the loan
- you can pay your installments:
It protects you for the entire duration of the loan from less pleasant moments that may occur in the future.
Idea::relax life insurance is offered in partnership with ERGO, a reliable company, recommended by its customers for its fairness and transparency.
- insured risks:
- death and total permanent disability from the accident (death for the insured persons over 65 years old) - in this undesirable situation, the family is protected, the balance of the loan being reimbursed by the insurer
- death from any cause - the insurer pays an indemnity equal to 75% of the amount of the loan balance to be reimbursed
- unemployment - you will receive an indemnity paid by the insurer, which will cover up to 6 consecutive loan installments for one event throughout the insurance period.
- insurance premium: represents 7.5% of the loan value and it is paid upon loan granting in one installment (from the loan or from the borrower’s own sources).
- insurance duration: coincides with the duration of the loan
For transparency and safety of your money find below all costs associated Idea::selfie+
Fees charged upon granting the loan:
- loan analysis fee*:
400 lei200 lei
- credit Bureau query fee: 2,5 lei
- electronic Archive registration fee: 65.7 lei
- cash withdrawal from the loan: 0 lei
Fees charged during the loan period:
- variable interest: ROBOR 3 months + fixed margin 3.04% up to 8,94% on grating, respectively from 6.9% up to 13.4% in case of termination of insurance
- fixed interest: 6,1% up to 12% on grating, respectively from 9.96% up to 16.46% in case of termination of insurance
- discount: -0.5% (0.5 percentage points) if you choose to transfer your incomes in an Idea::Bank account
- monthly loan management fee: 0 lei
- early repayment fee:
- variable interest: 0 lei according to OUG 50/2010
- fixed interest:
- 1% before the last year of the contract
- 0.5% in the last year of the contract
- monthly standard current account management fee: 3 lei
- unique fee for services provided at the customer's request: 100 lei
- penalty interest: a fixed margin of 3 percentage points above the current annual interest rate, applicable from the first day of delay on the overdue principal
* Happy Quarter discount refers to the standard costs for loan analysis fee applyed to Idea::selfie+ personal loan. The offer is valid until 31st of March 2018.
Instalments calculation example with Happy Quarter discount - variable interest
For a 5 years Idea::selfie+ loan of 30,000 lei, with
400 lei 200 lei loan analysis fee and 2,250 lei insurance premium, you can benefit of a minimum variable interest of 4.59% (with a monthly installment of 561 lei, APR 8.55%, total value to be paid 33,631 lei) up to a maximum variable interest of 10.49% (with a monthly installment of 645 lei, APR 15.32%, total value to be paid 36,680 lei). If the insurance is terminated during the loan period, depending on your socio-demographic and financial profile, you can be eligible for a minimum variable interest of 8.45% (with a monthly installment of 615 lei, APR of 9.18%, total value to be paid 36,886 lei) up to a maximum variable interest of 14.95% (with a monthly installment of 713 lei, APR of 16.45%, total value to be paid 42,775 lei).
Interest rate was determined using the formula ROBOR 3 months valid on 27.03.2018 of 2.05% + the fixed margin (from 3,04% up to 8,94% on grating, respectively from 6.9% up to 13.4% in case of termination of insurance) and includes discount of 0.5 percentage point for having your incomes transferred in Idea::Bank accounts.
Instalments calculation example Happy Quarter discount - fixed interest
For a 5 years Idea::selfie+ loan of 30,000 lei, with
400 lei 200 lei loan analysis fee and 2,250 lei insurance premium you can benefit of a minimum fixed interest of 5.60% (with a monthly installment of 574 lei, APR 9.68%, total value to be paid 34,465 lei) up to a maximum fixed interest of 11.50% (with a monthly installment of 660 lei, APR 16.52%, total value to be paid 39,587 lei). If the insurance is terminated during the loan period, depending on your socio-demographic and financial profile, you can be eligible for a minimum fixed interest of 9.46% (with a monthly installment of 629 lei, APR of 10.28%, total value to be paid 37,768 lei) up to a maximum variable interest of 15.96% (with a monthly installment of 729 lei, APR of 17.62%, total value to be paid 43,734 lei).
Interest rate (6,1% up to 12% on grating, respectively from 9.96% up to 16.46% in case of termination of insurance) includes the discount of 0.5 percentage point for having your incomes transferred in Idea::Bank accounts.
Refinance your credit cards, overdraft, personal needs loans from other banks with Idea::selfie+!
- with the refinancing loan you can have a lower monthly instalment because with us you can have a much more advantageous interest
- if you refinance credits taken before November 2011, you can extend the lending period to a maximum of 8 years
- you get extra money, that is, you can pay your existing loans and get an additional amount (in this case, the new personal needs loan can not exceed the 5-year period)
- saving: for refinancing without additional amount you have
400 leiZERO lei commission analysis fee.
Indices, interest rates, client guide.
The public reference indices currently used in determining the interest rate for individuals loans granted as of 31.07.2014 are available on the NBR website. This is where you can also find the historical evolution of these values.
If you need a certificate attesting your revenues, you can download it here.
If you want to find out more, read the Client Guide - you can download it from Useful for you section.
How to apply
Yes, is this easy to apply for Idea::selfie+ personal loan!
- fill in the online loan application form
- call *4455 / 021.318.95.00
- send a text to 1710 with the word "selfie+" and we will call you back
- visit one of our branches with just your ID card (in case of refinancing or in other special cases, other documents may be requested from which to result the IBAN and the data about the refinanced loans)
Apply for Personal loan with insurance
We will get back to you in no time!