Closer to what you want, without worries
Flexible terms, fast approval, and support every step of the way.
PERSONAL (Salary Project) and MAGNIFIC (Salary Project) consumer loans
approval
in one day
interest rate
FIXED
up to
400 000 MDL
no collateral
for any personal expenses
Do you receive your salary on an Eximbank card? Benefit from a preferential interest rate on your loan!
For PERSONAL (Salary Project) and MAGNIFIC (Salary Project) consumer loans, eligible clients participating in Eximbank salary projects benefit from a 0.50 p.p. discount off the standard interest rate.
PERSONAL (Salary Project) - 8.98% instead of 9.48%
MAGNIFIC (Salary Project) - 8.78% instead of 9.28%
Eligibility criteria for PERSONAL (Salary Project) and MAGNIFIC (Salary Project) consumer loans:
- hold a salary card issued by Eximbank;
- receive their salary through an active Eximbank salary project (at least 1 salary payment received during the last month);
- have at least 6 months of uninterrupted employment;
- be between 21 and 68 years old at the date of the last loan repayment.
What are the terms and conditions?
|
Credit name |
PERSONAL (Salary Project) |
MAGNIFIC (Salary Project) |
|
The amount |
From 30 000 MDL to 200 000 MDL/ per customer or 500 000 MDL/ per family |
From 200 000 to 500 000 MDL per family |
|
Term |
From 6 to 60 months |
From 6 to 60 months |
|
Annual interest rate |
8.98% fixed |
8.78% fixed |
|
EAR (Effective Annual Rate) |
9.35% for a loan of 100 000 MDL over 36 months, monthly payment 3 179.14 MDL total cost of 114 448 MDL |
9.14% for a loan of 200 000 MDL over 36 months, monthly payment 6 339.67 MDL total cost of 228 227 MDL |
