Financing operations subject to prior approval by the Bank. Ask for the credit agreement information sheet (INE) at your branch.
1. Conditions: (a) Have your salary or pension paid in (min. €700/month. If you are self-employed, it will be necessary to have a direct debit for social security payments set up. If this condition is not met, the NIR will be increased by 1% (b) Take out a Loan Protection Insurance, otherwise the NIR will be increased by 0.75%. See conditions and interest rates at your branch office, with your manager or by calling 915 123 123 or the specialized consumer loan service 910 503 440. Both conditions are independent of each other and will be reviewed annually.
2. Calculation of the APR for a loan signed on the last day of the month for an amount of € 12,000 for a term of 7 years and opening fee 2.25% financed:
· For a customer who meets payroll and insurance condition: TIN 5.99%; APR 8.69%. Opening fee financed: 285,10€. Total amount due €15,893.64; monthly fee 189,21 €.
· For a customer who meets payroll condition, but not insurance TIN 5.99% 1st year; TIN 6.74% rest years; APR 7.45%. Opening fee financed: 270,00€. Total amount due €15,329.16; monthly fee: 179,19€ first year; 183,04€ rest of years.
· For a client who does not meet payroll condition, but insurance: TIN 5.99% 1st year; TIN 6.99% rest years; APR 9.48%. Opening fee financed: 285,10€. Total amount due €16,284.60; monthly fee: 189,21€ first year; 194,64€ rest of years.
· For a customer who does not meet payroll or insurance status: TIN 5.99% 1st year; TIN 7.74% rest years; APR 8.22%. Opening fee financed: 270,00€. Total amount due €15,705.00; monthly fee: 179,19€ first year; 188,26€ rest of years.
Calculations made using the French depreciation system. The total amount due includes the amount requested, commissions and interest, as well as, where appropriate, the single insurance premium financed by an amount of € 670.94 calculated for a person of 40 years.
If the transaction is signed on a day other than the last day of the month, a first installment of interest corresponding to the days between the day of signature and the last day of the month will be settled. No study commission. Early cancellation fee 1% if the cancellation period and the expiration date is greater than one year and 0.50% if said term does not exceed one year.
Apply for the INE in your office.
3. Insurance brokered by Santander Mediación Operador de Banca-Seguros Vinculado S.A., VAT No. (CIF) A-28360311, via its Distribution Network: Operator entered in the Register of the Directorate General of Insurance and Pension Funds with no. OV-0042. Civil Liability and Financial Capacity covered in accordance with current legislation. Insurance Company: Santander Seguros y Reaseguros Compañía Aseguradora, S.A. Consult the Insurance Companies with which the Operator maintains an Agency Contract for the distribution of insurance products at www.santandermediacionobsv.com. Subject to the contractual conditions of the insurance policy.