Calculate Online Personal Loan

Main benefits

Here’s how it works

Girl, with a white top and a mobile phone in her hand, celebrating

100% online, 0 paperwork Apply for your Online Personal Loan anytime, anywhere.

Money in your account If your loan is approved, the money is deposited into your account immediately.

Instant decision Get an instant response up to €15,000. No waiting, no bureaucracy.

100% online, 0 paperwork Apply for your Online Personal Loan anytime, anywhere.

Instant decision Get an instant response up to €15,000. No waiting, no bureaucracy.

Money in your account If your loan is approved, the money is deposited into your account immediately.

Personal loan add-ons

So you don't have to worry

80% of our Customers take out life insurance To protect their families and ensure debt repayment

Discover life insurance

Wooden pieces with illustrations of insurance

We ensure your monthly loan payments if you become unemployed or unable to work, with the Payment Protection Plan

View protection plan

Millennium app screen with a personal credit simulator and an illustration of a padlock on top

How to apply for an Online Personal Loan

It's simple and quick

Calculate on the app or website

Choose the amount and term to calculate the installments.

Get a response

The analysis is instant, and if you meet the conditions, you can contract immediately.

Receive the money

Then simply accept the documents to receive the money in your account.

What do you need?

To be over 18 years old

To have a current account at Millennium

Millennium approval to the credit risk analysis

We may ask for your last 3 payslips, the IRS validation code and subject A taxpayer number.

How to apply for an Online Personal Loan

It's simple and quick

Calculate on the app or website

Choose the amount and term to calculate the installments.

Get a response

The analysis is instant, and if you meet the conditions, you can contract immediately.

Receive the money

Then simply accept the documents to receive the money in your account.

What do you need?

To be over 18 years old

To have a current account at Millennium

Millennium approval to the credit risk analysis

We may ask for your last 3 payslips, the IRS validation code and subject A taxpayer number.

Apply for a personal loan

Before making a decision…

Assess the expenses

Consider if you need to make this purchase taking into account different factors.

Consider the effort

Make sure the loan installments won’t compromise the budget of your household.

Confirm the conditions

Verify the conditions of the loan, and read all the pre-contractual and contract information.

Make responsible decisions

If you change your mind after applying, you can cancel it on the website or app within 14 days.

Frequently asked questions

Questions? We’ll help

What should I consider before applying for a loan?

Before applying for a loan, you should:

Assess the need for the expense you are going to have.
Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
Obtain all the information you consider relevant to making an informed decision before signing the contract.
Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

Before applying for a loan, you should:

Assess the need for the expense you are going to have.
Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
Obtain all the information you consider relevant to making an informed decision before signing the contract.
Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

What documents do I need to apply for a personal loan?

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.

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.

What is TAN (Nominal Annual Rate)?

The Nominal Annual Rate is the interest rate, expressed as a fixed or variable percentage, that is applied annually to the used loan amount.

What is TAEG (Annual Percentage Rate of Charge)?

The Annual Percentage Rate of Charge is the total cost of the loan to the consumer (as an annual percentage of the loan amount). It includes the loan and interest payments, as well as other mandatory charges (taxes, fees and interest).

What is the Total Amount Charged to the Consumer (MTIC)?

It's the total amount you will pay for the loan, including the financed amount, interest, fees, taxes and charges.

What is the main advantage of applying for a loan in the app or on the website?

You can apply for a loan anywhere, at any time. In these cases, the loan application is analyzed online. If approved, the personal loan is taken out online and the amount requested will be credited to the current account. Valid for clients with a risk profile suitable for the product. Decision subject to credit analysis.

View more questions

Frequently asked questions

Questions? We’ll help

What should I consider before applying for a loan?

Before applying for a loan, you should:

Assess the need for the expense you are going to have.
Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
Obtain all the information you consider relevant to making an informed decision before signing the contract.
Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

Before applying for a loan, you should:

Assess the need for the expense you are going to have.
Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
Obtain all the information you consider relevant to making an informed decision before signing the contract.
Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

What documents do I need to apply for a personal loan?

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.

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.

What is TAN (Nominal Annual Rate)?

The Nominal Annual Rate is the interest rate, expressed as a fixed or variable percentage, that is applied annually to the used loan amount.

What is TAEG (Annual Percentage Rate of Charge)?

What is the Total Amount Charged to the Consumer (MTIC)?

It's the total amount you will pay for the loan, including the financed amount, interest, fees, taxes and charges.

What is the main advantage of applying for a loan in the app or on the website?

View more questions

Apply for your Online Personal Loan on the app

Calculate on the app

Screen of the Millennium App with Credit simulator

Additional information of the calculation

{Sim_EffectiveAnnualInterestRate}% TAEG and {Sim_InterestRate}% TAN . Total amount charged to the consumer: €{Sim_TotalLoanCost}, including dossier commission (€{Sim_NonRecurringFeeList}), interest and Stamp Duty for the use of credit on interest and commission. Subject to credit risk analysis. The granting of the credit is subject to Banco de Portugal's macro-prudential rules.

Conditions valid until December 31, 2024.

Representative example

Individuals

13.3% TAEG (annual percentage rate of charge) and 10.500% TAN (annual nominal rate), with monthly installments of €85.40, for a simulation of a €5,000 loan with an 84-month term. Total amount charged to the consumer: €7,417.60, including dossier commission (€150), interest and Stamp Duty for the use of credit on interest and commission.

Conditions valid until December 31, 2024.

Prestige

12.4% TAEG (annual percentage rate of charge) and 9,750% TAN (annual nominal rate) with monthly installments of €83.37, for simulation of a €5,000 loan with an 84- month term. Total amount charged to the consumer: €7,247.08, including dossier commission (€150), interest and Stamp Duty for the use credit on interest and commission.

Conditions valid until December 31, 2024.

Banco Comercial Português S.A, Office: Praça D. João I, 28, 4000-295 Porto, Share Capital 3,000,000,000 Euros, registered with this same number in the Lisbon Trade Registry, Single registration and TIN. 501525882 (Conservatória do Registo Comercial do Porto). Insurance agent registered under nr. 419527602, with the Insurance and Pension Funds Supervision Authority – Registration Date: 21/01/2019. Authorization for the brokerage distribution of the life and non-life insurance. For information and further registration details can be checked on www.asf.com.pt.The Insurance Intermediary is not authorized to sign insurance contracts on behalf of the Insurer or receive any insurance premiums payable to the Insurer. The Insurance Intermediary does not assume liability regarding any risks covered by the insurance contract, which shall be fully assumed by the Insurer.

Insurers

Life Protection

Ocidental - Companhia Portuguesa de Seguros de Vida, Public limited company, with head office at Praça Príncipe Perfeito n.º 2, 1990-278 Lisbon. Legal Person No. 501836926. Lisbon Trade Register. Share Capital of 22,375,000 Euros. Registration ASF 1024, www.asf.com.pt.

Non-Life Risk Insurance

Ageas Portugal - Companhia de Seguros, Public limited company, with head office at Praça Príncipe Perfeito n.º 2, 1990-278 Lisboa. Legal Person No. 503454109. Porto Trade Register. Share Capital of 7,500,000 Euros. Registration ASF 1129, www.asf.com.pt.

Account opening

The opening of an account is subject to the Customer acceptance policy. Minimum opening amount: €250 or €150 for University Students between 18 and 25 years old, or equivalent in the respective currency. Maintenance fee: €5.20 (plus Stamp Duty).

Calculate Online Personal Loan

That priceless loan approved face

Main benefits

Here’s how it works

Personal loan add-ons

So you don't have to worry

How to apply for an Online Personal Loan

It's simple and quick

It's simple and quick

Apply for a personal loan

Before making a decision…

Frequently asked questions

Questions? We’ll help

What should I consider before applying for a loan?

What documents do I need to apply for a personal loan?

What is TAN (Nominal Annual Rate)?

What is TAEG (Annual Percentage Rate of Charge)?

What is the Total Amount Charged to the Consumer (MTIC)?

What is the main advantage of applying for a loan in the app or on the website?

Frequently asked questions

Questions? We’ll help

What should I consider before applying for a loan?

What documents do I need to apply for a personal loan?

What is TAN (Nominal Annual Rate)?

What is TAEG (Annual Percentage Rate of Charge)?

What is the Total Amount Charged to the Consumer (MTIC)?

What is the main advantage of applying for a loan in the app or on the website?

Apply for your Online Personal Loan on the app

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