Idea::selfie+ personal loan with insurance


Benefits

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

  • easy to access:
  • 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: ROBOR 3 months + fixed margin from 1.95% up to 6.95% on granting
    • fixed interest rate: from 5.75% up to 10.75% on granting
  • loan analysis fee:
    • 400 lei 200 lei
    • ZERO lei if you refinancing with no additional amount

 

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.
  • 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:
    • 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:
    • 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

Costs

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

Fees charged upon granting the loan:

  • loan analysis fee: 400 lei 200 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:

Fixed interest OR Variable interest

from 5.75% up to 10.75% on grating, respectively from 9.3% up to 14.3% in case of termination of insurance

ROBOR 3 months + fixed margin from 1.95% up to 6.95% on grating, respectively from 5.5% up to 10.5% in case of termination of insurance

The interest depends on payment history and socio-demographic data of the borrower (age, marital status, work seniority, etc.) 
  • 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

 

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 5.25% (with a monthly installment of 570 lei, APR 9.30%, total value to be paid 34,175 lei) up to a maximum fixed interest of 10.25% (with a monthly installment of 641 lei, APR 15.05%, total value to be paid 38,466 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 8.80% (with a monthly installment of 620 lei, APR of 9.57%, total value to be paid 37,191 lei) up to a maximum fixed interest of 13.8% (with a monthly installment of 695 lei, APR of 15.15%, total value to be paid 41,696 lei). Interest rate (5.75% up to 10.75 on grating, respectively from 9.3% up to 14.3% 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 - variable 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 variable interest of 4.74% (with a monthly installment of 563 lei, APR 8.73%, total value to be paid 33,754 lei) up to a maximum variable interest of 9.74% (with a monthly installment of 634 lei, APR 14.45%, total value to be paid 38,015 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 8.29% (with a monthly installment of 612 lei, APR of 9.02%, total value to be paid 36,748 lei) up to a maximum variable interest of 13.29% (with a monthly installment of 687 lei, APR of 14.57%, total value to be paid 41,223 lei). Interest rate was determined using the formula ROBOR 3 months valid on 23.06.2018 of 3.29% + the fixed margin (from 1.95% up to 6.95% on grating, respectively from 5.5% up to 10.5% in case of termination of insurance) and includes discount of 0.5 percentage point for having your incomes transferred in Idea::Bank accounts.

Refinancing

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 lei ZERO lei commission analysis fee | 200 lei for refinancing with additional amount

Offer - Advantageous refinancing, lower installment! Refinance your loans with Idea::selfie+ and keep more money in your pockets!

  • reduced variable interest rate: ROBOR 3 months + fixed margin from 1.95% 1.45% up to 6.95% 6.45% on grating, respectively from 5.5% 5% up to 10.5% 10% in case of termination of insurance
  • reduced fixed interest rate: from 5.75% 4.75% up to 10.75% 9.75% on grating, respectively from 9.3% 8.3% up to 14.3% 13.3% in case of termination of insurance

 
* The offer is valid until 31.10.2018, with the following benefits: 1% discount at fixed interest rate or 0.5% discount at the fixed margin for variable interest rate for Idea::selfie+ loan, both for internal and external refinancing, with or without additional amount, and can be cumulated with the 0.5% discount for revenue transfer through Idea::Bank. Interest rate varies depending on your socio-demographic profile and previous payment history.

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 with The Calculator of Wishes  - Romanian version only
  • 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)