Personal loan solutions

A personal loan is a type of loan that you can use to, for example, buy household appliances, buy a trip, pay university fees, etc.

You can apply for a personal loan anytime, anywhere via the app or website. If approved instantly, the contract is signed online and the amount is credited to your current account. It is valid for Customers with a risk profile suitable for the product. The decision is subject to credit analysis.

When applying for a personal loan, you may be asked to provide the following documents:

• Your last 3 payslips
• Your latest IRS declaration - taxpayer number of the subject A and the IRS validation code
• A valid identification document of all the parties involved if the application is submitted at a Millennium BCP branch.

There are multiple factors to take into account. For most applications up to €25,000, a decision is typically instant. However, in certain cases, the analysis process might require more time.

Yes, early repayment can be arranged with a notice period of 30 days. There's a fee associated with early repayment, and it's calculated as outlined below:

Option a) - If the period between early repayment and the contract's stipulated expiry date is more than one year, the fee is 0.5% of the advanced capital amount.

Option b) - If the period between early repayment and the contract's stipulated expiry date is one year or less, the fee is 0.25% of the advanced capital amount.

Option c) - The fee under options (a) and (b) won't exceed the interest amount payable under the contract during the period from early repayment until the scheduled end of the contract's fixed-rate period, if applicable.