Product Description
The loan is offered to patients of the Medivia Clinic who will perform artificial insemination through In Vitro treatment.
Terms and Conditions of the Loan “Grace period”
| Terms and Conditions of the Loan | ||
|---|---|---|
| Currency | ALL | |
| Maximum loan amount | Up to 750,000 ALL | |
| Maximum maturity | Up to 7 years | |
| Grace Period | 18 months (only for the principal) | |
| Interest rate | Start from 8% | |
| Disbursement commission | 0% | |
| Collateral | Collateral is not required. Loan will be secured throughout guarantors. The number of guarantors depends on the loan amount and the relationship that the customer has with the bank. For further detailed information regarding suretyship please refer to the terms of the Super Loan Product. | |
** The loan with grace period will offer the possibility for the customer paying only interest of the loan for 18 months (the installment will be ~ 5,000 ALL, calculated for the maximum loan amount. After 18 months, the loan will be amortized and the customer will pay interest and principal also (the installment will be ~ 18,000 ALL, calculated for the maximum amount and maturity).
Terms and Conditions of the Loan “Standard”
| Terms and Conditions of the Loan | ||
|---|---|---|
| Currency | ALL | |
| Maximum loan amount | Up to 750,000 ALL | |
| Maximum maturity | Up to 7 years | |
| Interest rate | Starting from 2.9% | |
| Disbursement commission | Starting from 2% | |
| Collateral | Collateral is not required. Loan will be secured throughout guarantors. The number of guarantors depends on the loan amount and the relationship that the customer has with the bank. For further detailed information regarding suretyship please refer to the terms of the Super Loan Product. | |