Consumer loanAdditional Information

Additional Information

Loan amount

• The minimum loan amount is CZK 100 thousand; no generally applicable maximum amount is determined as it depends on the applicant's credit needs and their ability to repay the loan within the agreed period

Loan maturity

•  up to 10 years

Loan security

• No security is required for loan amounts up to CZK 600 thousand
• Lien on a deposit receivable

Drawing on a loan

• Lump sum or gradually according to the purpose, no later than 6 months from the date of concluding the credit contract
• Usually non-cash drawing (payment for an invoice to the supplier’s or vendor’s account, payment of a purchase price to the seller’s account, cheque)
• The drawing period is arranged individually according to the purpose of the loan.

Loan repayment

• The loan is repaid in regular monthly instalments
• Instalments are usually non-cash bank transfers
• Extra instalments can be made at any time