Benefits

Idea::selfie+ is more than just a loan!

  • easy to access:
    • fill in the online form;
    • visit the nearest Idea::Bank branch presenting only your ID card;
  • you are protected with Idea::relax, a life and unemployment insurance powerd by ERGO | one-time insurance premium of 7.5% of the loan amount;
  • convenient pricing: 
    • fixed interest rate*: from 6.25% up to 10.95% on granting;
    • floating interst rate*: IRCC 2,63% + fixed margin from 3,05% to 7,75% on grating;
  • loan analysis fee: 200 lei | ZERO lei if you refinancing with no additional amount.

* The fixed interest/margin includes a 0.5 percentage point discount for revenues transfered through Idea::Bank.

Features

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.
  • monthly income limits: minimum income of 1,500 lei/person
  • 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:
    • via Idea::iBank internet banking
    • in any Idea::Bank branch
    • using SelfPay payment stations

Idea::relax insurance

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 (valid from 20.06.2019):
    • death from accident and from any cause (death of any cause for insured persons between 65 and 70 years) - in this undesirable situation, the family is protected, 100% of the loan balance being reimbursed by the insurer;
    • unemployment: ou will receive an indemnity paid by the insurer, which will cover up to 6 consecutive loan installments for 1 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.

Costs

For transparency and safety of your money find below all costs associated Idea::selfie+

Fees charged upon granting the loan:

  • loan analysis fee: 200 lei
  • credit Bureau query fee: 2,5 lei
  • electronic Archive registration fee: 65.7 lei
  • cash withdrawal from the loan: 0 lei

Costs charged during the credit period:

  • You choose the type of interst that suits you:
 

Floating interest

IRCC 2.63% + fixed margin from 3.55% to 8.25% on grating, respectively from 6.70% to 12.80% in case of insurance termination

 

Fixed interest

from 6.75% to 11.45 on grating, respectively from 9.9% up to 16% in case of insurance termination

 

Interest discount

0.5% from the fixed interest/margin for income transfer to Idea::Bank.

 

 

The interest varies according to the payment history and the socio-demographic data of the borrower (age, marital status, seniority in work, career level, etc.).

  • loan administration monthly 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

 

Instalments calculation example - fixed interest

For a 5 years Idea::selfie+ loan of 30,000 lei, with 200 lei loan analysis fee and 2,250 lei insurance premium, you can benefit of a minimum fixed interest of 6.25% (with a monthly installment of 583 lei, APR 10.44%, total value to be paid 35,009 lei) up to a maximum fixed interest of 10.95% (with a monthly installment of 652 lei, APR 15.90%, total value to be paid 39,091 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 9.40% (with a monthly installment of 629 lei, APR of 10.24%, total value to be paid 37,715 lei) up to a maximum fixed interest of 15.50% (with a monthly installment of 722 lei, APR of 17.12%, total value to be paid 43,296 lei). Interest rate (6.25% up to 10.95% on grating, respectively from 9.40% up to 15.50% in case of termination of insurance) includes the discount of 0.5 percentage point for having your incomes transferred in Idea::Bank accounts.

Instalments calculation example - floating interest

For a 5 years Idea::selfie+ loan of 30,000 lei, with 200 lei loan analysis fee and 2,250 lei insurance premium, you can benefit of a minimum floating interest of 5.68% (with a monthly installment of 576 lei, APR 9.79%, total value to be paid 34,532 lei) up to a maximum floating interest of 10.38% (with a monthly installment of 643 lei, APR 15.21%, total value to be paid 38,582 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 floating interest of 8.83% (with a monthly installment of 620 lei, APR of 9.61%, total value to be paid 37,217 lei) up to a maximum floating interest of 14.93% (with a monthly installment of 713 lei, APR of 16.45%, total value to be paid 42,756 lei). Interest rate was determined using the Reference Index for Consumer Loans (IRCC) from 18.09.2019 worth 2.63% + the fixed margin (from 3.05% up to 7.75% on grating, respectively from 6.20% up to 12.30% in case of insurance termination) and includes discount of 0.5 percentage point for having your incomes transferred in Idea::Bank accounts.

Useful information

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!

  • online by filling in the form bellow
  • 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!